BRN Discussion Ongoing

[FJ-215]

Wow. Thanks dingo but now I’m super confused

Hi @Gazzafish,

We give LDA the shares to sell on our behalf and they get 8.5% commission for doing so.

In a "normal" CR like our last one, a broker arranges to sell our shares at a set price that is usually at a big discount to the SP.

With LDA, they sell on market, so no discount and with the potential to ride an increasing SP over the next 2 months. For this to work in our favour, we need weeks of positive news flow.

 

[FJ-215]

Hi @Gazzafish,

We give LDA the shares to sell on our behalf and they get 8.5% commission for doing so.

In a "normal" CR like our last one, a broker arranges to sell our shares at a set price that is usually at a big discount to the SP.

With LDA, they sell on market, so no discount and with the potential to ride an increasing SP over the next 2 months. For this to work in our favour, we need weeks of positive news flow.

Signing the subcontractor agreement would be a good start!!

 

[skutza]

Hi all. Sorry as I mentioned a while back taken BRN of my watchlist and staying away. I was sent a message asking about. Y thoughts so I had to look it up? If there are any kind hearted souls out there that can share a link or explain this it would be great. Likely already discussed so save me hunting through massive amounts of posts, just a link to the post/explanation would be great. I have 500k shares in my host plus super. What happens if they go tomthe states am I forced to sell or are they just international shares. Second, what exchange would we go on, don't we have a certain criteria for Nasdaq that we'd never reach? Thanks in advance.

 

[Labsy]

Moin from Germany, I'm not sure anymore if the US would be a good place to trade when I watch the video below from 01:10 to 1:25,



this exact behavior shows that the western world needs to revolt. If you also consider the measures that are being practiced on the USA's own people. These are very reminiscent of measures from the Nazi regime in 1933 when the whole mess began. Deporting people without a proper trial or taking them into custody. The US government wants to take away the birthright of Native Americans. People are being deported without due process, even so-called “naturalized” Americans. Examples that sound very much like the Nazi regime, replace “naturalized” with “Jewish” or “non-Aryan”. We have therefore created Article 16 of the Basic Law, and if companies continue to maintain or expand business relations with the USA, this will certainly not be received positively in Europe, as it is very reminiscent of companies such as “IG Farben”. There is currently a movement underway to avoid everything that comes from the USA or is produced by a US company in its own country, see Tesla. Several allies have sold their US government bonds, and here in Germany all major companies are aware of the connection with the current measures and have been reminded of “IG Farben”.This means that Trump has exactly the opposite effect, namely that Europe is withdrawing completely from the USA. That's why I think that switching to the USA is a stupid idea.If this Video goes viral. Citizens should finally wake up and realize that a new era has dawned in which the dominance of the USA will be broken.

I've read some very valid points on both sides of the argument to the point where I will one comment only to "like" the very next opposing argument.
I am torn between the hope/faith the BOD are making good judgement calls with the information we are not privy to, and the anxiety associated with entering the US market with no real revenue.
I can't say "I don't care about the SP" because I'd be lying through my teeth but I do feel it's secondary at this stage.
In summary.... We need revenue or some reassurances it's on it way...and we need to leave the ASX.... It's that simple.

 

[Meatloaf]

The fact that Anil sold 10 million shares (allegedly) on New Years Eve, his official last day as our Chief Engineer of Chip Design/ Co-Founder of Brainchip, then another 5 million in early February (from memory).

Honesty, who cares.. good on Anil I say, he deserves to take some money off the table, without him and Peter and all their years and years of long hours and dedication to their respective crafts, well, Brainchip simply wouldn't be !!

His position remains in the Top 6 holders of Brainchip stock with over 70 million shares approximately, he's still passionate about Brainchip and always available to help in anyway, just like Peter, so the scare tactics that some people are trying to elevate are absolutely baseless.

If anymore top staff move on over the course of the next 12 months, well, we would have to seriously consider that we have a major issue within the management and direction of our company...I'll be quietly monitoring the situation as the months unfold.

Quietly observing and patiently waiting on big news to drop.

Tech.

Hey Tech
I agree, Anil has the right to do whatever he wants. I’m not bothered by Anil’s action.

However, it does seem as though shorters have had the upper hand. SP will drop days before a negative announcement. Shorts will also increase. I don’t believe that Brn are as tightly sealed as what we are being told. Someone is leaking information but only to those that are privy.

Why have shorts increased now if we are on the verge of a major breakthrough?

Maybe we should have gone for an Aussie CEO, after all we are an Aussie company.

The lack of real progress is very disappointing.

Sorry, still fuming. Need to get it out of the system.

 

[Fullmoonfever]

Why is it that we cannot sell Skida to data centres. Years ago it was stated that we could reduce power by 90%. Surely any data base would be willing to reduce their power costs.

Server farms are dominated by the likes of NVIDIA.

While the players in that space are making killer $ over and above "power costs", there's minimal incentive given the outlay to change.

How easy do you think it is to roll back the existing frameworks and infrastructure to just "pop" Akida in?

The testing, the algorithms, models etc all needing to be written to operate efficiently on SNN and with comparable output performance to the existing processing to minimise disruption to traffic and processing.

It would take small incremental steps to build up.

Where the catalyst is coming on that front though is the uptake of edge processing imo.

As that momentum increases and more and more devices, manufacturers, people move their data processing to more secure, private processing at the edge then the traffic and reliance on massive GPU, power hungry data centres will diminish.

Data centres will always be there but the revenue and growth will ease back.

I have absolutely no doubt that players like NVIDIA etc will all be milking these centres for all their worth while they can and in the background be also exploring edge solutions or edge server (hub) set ups.

They won't commit or show their hands till they have to and a cross over point eventuates. The law of diminishing returns.

In the meantime, the edge is where it appears a large portion of startups, disruptive tech (SNN / quantum / hybrid) and some mature device manufacturers (Qualcomm) are already creating solutions.

We need to continue to develop and mature the Akida product suite, and solutions they offer, in line with client needs / suggestions (as end users) and to keep pace with the evolving edge market and competitors.

No one can deny we need solid deals and revenue sooner than later now to grow and something must begin to happen on that front, absolutely.

However, we are also a bit at the mercy of a developing end use market (edge) that many companies are either not ready to adopt, don't need to yet, are still trying to figure out where that fits in their industry / business, are triailing, testing, creating algos, models etc etc before the uptake really expands.

Can I say BRN will ultimately be successful, nope.

Can I say that the tech appears to be getting more and more coverage, a growing ecosystem, making some inroads, has opportunities developing, increasing interest from companies, yep.

It's not the wanted situation but it is where it's at currently imo.

So I just continue to assess where I'm at personally with exposure etc while this all happens and act according to my own plans. I accept I can't influence a wider mkt, be that stock or tech, so I work in my sphere of control with what I can actually influence.

 

[DingoBorat]

Server farms are dominated by the likes of NVIDIA.

While the players in that space are making killer $ over and above "power costs", there's minimal incentive given the outlay to change.

How easy do you think it is to roll back the existing frameworks and infrastructure to just "pop" Akida in?

The testing, the algorithms, models etc all needing to be written to operate efficiently on SNN and with comparable output performance to the existing processing to minimise disruption to traffic and processing.

It would take small incremental steps to build up.

Where the catalyst is coming on that front though is the uptake of edge processing imo.

As that momentum increases and more and more devices, manufacturers, people move their data processing to more secure, private processing at the edge then the traffic and reliance on massive GPU, power hungry data centres will diminish.

Data centres will always be there but the revenue and growth will ease back.

I have absolutely no doubt that players like NVIDIA etc will all be milking these centres for all their worth while they can and in the background be also exploring edge solutions or edge server (hub) set ups.

They won't commit or show their hands till they have to and a cross over point eventuates. The law of diminishing returns.

In the meantime, the edge is where it appears a large portion of startups, disruptive tech (SNN / quantum / hybrid) and some mature device manufacturers (Qualcomm) are already creating solutions.

We need to continue to develop and mature the Akida product suite, and solutions they offer, in line with client needs / suggestions (as end users) and to keep pace with the evolving edge market and competitors.

No one can deny we need solid deals and revenue sooner than later now to grow and something must begin to happen on that front, absolutely.

However, we are also a bit at the mercy of a developing end use market (edge) that many companies are either not ready to adopt, don't need to yet, are still trying to figure out where that fits in their industry / business, are triailing, testing, creating algos, models etc etc before the uptake really expands.

Can I say BRN will ultimately be successful, nope.

Can I say that the tech appears to be getting more and more coverage, a growing ecosystem, making some inroads, has opportunities developing, increasing interest from companies, yep.

It's not the wanted situation but it is where it's at currently imo.

So I just continue to assess where I'm at personally with exposure etc while this all happens and act according to my own plans. I accept I can't influence a wider mkt, be that stock or tech, so I work in my sphere of control with what I can actually influence.

"I have absolutely no doubt that players like NVIDIA etc will all be milking these centres for all their worth while they can and in the background be also exploring edge solutions or edge server (hub) set ups"

I wonder if NVIDIA has already started employing people to that end?

Oh wait ..

Nooo!
Rudy! Why Rudy why?!..

 

[Bravo]

I just watched the recent Q&A session on the ABC. Kara Swisher was one of the panelists and she said something along the lines that America is pretty much only interested in dealing with technology companies that are American based and that is why Australia isn't in an advantageous position in that regard.

This is not verbatim. It's just an interpretation of what I watched.

 

[Jchandel]

Like from Weebit Nano’s (ASX- WBT) CEO Coby Hanoch.

 

[Jchandel]

Like from Weebit Nano’s (ASX- WBT) CEO Coby Hanoch.
View attachment 78684

BrainChip and Onsor: Neuromorphic AI for Epilepsy Prediction | BrainChip posted on the topic | LinkedIn

BrainChip and Onsor: Advancing Epilepsy Prediction with Neuromorphic AI Powered by BrainChip’s Akida IP Platform, Onsor’s innovative smart glasses are designed to predict epileptic seizures in real-time, providing a non-invasive, user-friendly solution to improve quality of life for individuals...

www.linkedin.com

 

[rgupta]

The fact that Anil sold 10 million shares (allegedly) on New Years Eve, his official last day as our Chief Engineer of Chip Design/ Co-Founder of Brainchip, then another 5 million in early February (from memory).

Honesty, who cares.. good on Anil I say, he deserves to take some money off the table, without him and Peter and all their years and years of long hours and dedication to their respective crafts, well, Brainchip simply wouldn't be !!

His position remains in the Top 6 holders of Brainchip stock with over 70 million shares approximately, he's still passionate about Brainchip and always available to help in anyway, just like Peter, so the scare tactics that some people are trying to elevate are absolutely baseless.

If anymore top staff move on over the course of the next 12 months, well, we would have to seriously consider that we have a major issue within the management and direction of our company...I'll be quietly monitoring the situation as the months unfold.

Quietly observing and patiently waiting on big news to drop.

Tech.

We are least bothered what Anil is doing with his shares, he is no more a director or employee either. But brainchip reproduce a notice which they already given to market 2 years ago. He is not a substantial holder since dec 2022.
Anyway we are high paying and low getting owners.
One bad mistake cost us 100 million dollars on that day then they add the fire to fuel, on market sell off, redomicile and make a perfect feast for the shorters.
Last month there are more than 20 million shorts and they are increasing faster than holders.
We got a world beating management, sp will do what soever it has to do, we donot care about holders money. But holders are obligated.
Dyor

 

[manny100]

Server farms are dominated by the likes of NVIDIA.

While the players in that space are making killer $ over and above "power costs", there's minimal incentive given the outlay to change.

How easy do you think it is to roll back the existing frameworks and infrastructure to just "pop" Akida in?

The testing, the algorithms, models etc all needing to be written to operate efficiently on SNN and with comparable output performance to the existing processing to minimise disruption to traffic and processing.

It would take small incremental steps to build up.

Where the catalyst is coming on that front though is the uptake of edge processing imo.

As that momentum increases and more and more devices, manufacturers, people move their data processing to more secure, private processing at the edge then the traffic and reliance on massive GPU, power hungry data centres will diminish.

Data centres will always be there but the revenue and growth will ease back.

I have absolutely no doubt that players like NVIDIA etc will all be milking these centres for all their worth while they can and in the background be also exploring edge solutions or edge server (hub) set ups.

They won't commit or show their hands till they have to and a cross over point eventuates. The law of diminishing returns.

In the meantime, the edge is where it appears a large portion of startups, disruptive tech (SNN / quantum / hybrid) and some mature device manufacturers (Qualcomm) are already creating solutions.

We need to continue to develop and mature the Akida product suite, and solutions they offer, in line with client needs / suggestions (as end users) and to keep pace with the evolving edge market and competitors.

No one can deny we need solid deals and revenue sooner than later now to grow and something must begin to happen on that front, absolutely.

However, we are also a bit at the mercy of a developing end use market (edge) that many companies are either not ready to adopt, don't need to yet, are still trying to figure out where that fits in their industry / business, are triailing, testing, creating algos, models etc etc before the uptake really expands.

Can I say BRN will ultimately be successful, nope.

Can I say that the tech appears to be getting more and more coverage, a growing ecosystem, making some inroads, has opportunities developing, increasing interest from companies, yep.

It's not the wanted situation but it is where it's at currently imo.

So I just continue to assess where I'm at personally with exposure etc while this all happens and act according to my own plans. I accept I can't influence a wider mkt, be that stock or tech, so I work in my sphere of control with what I can actually influence.

We have seen over and over that AKIDA outperforms other chips.
The Bascom Hunter (AKIDA 1000 AND 1500) - Navy transition and the US AFRL trials (TENNs) are extremely important to BRN in that it validates our products. If these trials are successful we will likely see others follow.
We cannot underestimate the Defence transition from traditional systems to Edge AI. Can anyone do defence better than BRN?
Not that i know of.
I suspect that the lure of DOD contracts is behind the ' looking into a US listing. Perhaps even US government or defence interest in our cybersecurity as well.
Bascom Hunter are backing AKIDA matched with their tech will take them to a market leadership position (refer to Naval transition document posted some time ago). They are effectively on this ride with us.
I agree, there are still risks but they have decreased somewhat since September'25 news flow began.
We need of course the Navy transition and AFRL turn into big deals. Then there is cybersecurity and Onsor.

 

[MadMayHam | 合氣道]

Hi HP
Thanks for your reply. I understand what you’re saying but management haven’t produced much in the way of IP and revenue is appalling. The SP is now lower than when I brought back in 2020.
There is no guarantee that Brn will achieve anything better by delisting of the ASX. They have to prove that. We can’t just follow blindly.
Mate I’m not expecting much but the SP is dismal and while we blame the shorters, it’s management who have failed to bring in the revenue which was positively talked about without fruition.
I have supported management over the years but this redomiciling really worries me. I’ve got thousands of dollars invested and about 5 years to retirement. The last thing I want to do is lose money because management could not provide what they stated: an explosion of sales, watch the revenue, Ip sales early next year. I mean, how confident are we with current management? Quite frankly, as each day passes and no announcements my confidence deminishes.
Not one us SH knows what’s exactly going on, we are only speculating. Partnerships will take a while to pay off.
Stating that moving to US exchange will be better is only speculation, no guarantees.

That’s just my opinion. To be honest, I’m a bit fed up, and currently would sell up but don’t want to lose money.
We need to stop speculating, speculation only brings about false confidence and disappointment.
And btw I’m not trying to down ramp, I’m just fed up with waiting on some good news that may or may not happen.

!!

Unfortunately I too bought in at the same time as you. My first purchase was slightly over $0.30, and bought on the way upwards till average of $0.52. Thought of selling the whole lot when the SP went above $0.40 before CES '25, but thought, hang on... "explosive revenue", "won't be asking the same questions at next AGM" and all that.

FML.

 

[Meatloaf]

I just watched the recent Q&A session with Kara Swisher and she said something along the lines that America is pretty much only interested in dealing with technology companies that are American based and that is why Australia isn't in an advantageous position in that regard.

This is not verbatim. It's just an interpretation of what I watched.

What about Aussie companies? We could have started here and slowly worked our way across.

 

[Cardpro]

We have seen over and over that AKIDA outperforms other chips.
The Bascom Hunter (AKIDA 1000 AND 1500) - Navy transition and the US AFRL trials (TENNs) are extremely important to BRN in that it validates our products. If these trials are successful we will likely see others follow.
We cannot underestimate the Defence transition from traditional systems to Edge AI. Can anyone do defence better than BRN?
Not that i know of.
I suspect that the lure of DOD contracts is behind the ' looking into a US listing. Perhaps even US government or defence interest in our cybersecurity as well.
Bascom Hunter are backing AKIDA matched with their tech will take them to a market leadership position (refer to Naval transition document posted some time ago). They are effectively on this ride with us.
I agree, there are still risks but they have decreased somewhat since September'25 news flow began.
We need of course the Navy transition and AFRL turn into big deals. Then there is cybersecurity and Onsor.

What if they decide not to adopt?

What happened to all these companies behind NDAs loving our products? What happened to the Korean company who has done more extensive tests than us (if I recall correctly someone from the brainchip has said it but I cant remember, dont quote me)? Wth happened to MegaChips or Renesas? How about Ford? Volkswagen? Valeo?

How about those who gave us extensive feedbacks which we apparently accepted when we were developing Akida? 1500? 2000? Would we maybe finally land a proper deal perhaps when we develop Akido9999999? Where is the explosive sales? Financials? IP deals?
How come we are still not seeing (in terms of revenue or IP deala) after joining many eco systems?

So many questions...

 

[jrp173]

What if they decide not to adopt?

What happened to all these companies behind NDAs loving our products? What happened to the Korean company who has done more extensive tests than us (if I recall correctly someone from the brainchip has said it but I cant remember, dont quote me)? Wth happened to MegaChips or Renesas? How about Ford? Volkswagen? Valeo?

How about those who gave us extensive feedbacks which we apparently accepted when we were developing Akida? 1500? 2000? Would we maybe finally land a proper deal perhaps when we develop Akido9999999? Where is the explosive sales? Financials? IP deals?
How come we are still not seeing (in terms of revenue or IP deala) after joining many eco systems?

So many questions...

Yes, yet so few answers from the company.....

 

[Guzzi62]

What if they decide not to adopt?

What happened to all these companies behind NDAs loving our products? What happened to the Korean company who has done more extensive tests than us (if I recall correctly someone from the brainchip has said it but I cant remember, dont quote me)? Wth happened to MegaChips or Renesas? How about Ford? Volkswagen? Valeo?

How about those who gave us extensive feedbacks which we apparently accepted when we were developing Akida? 1500? 2000? Would we maybe finally land a proper deal perhaps when we develop Akido9999999? Where is the explosive sales? Financials? IP deals?
How come we are still not seeing (in terms of revenue or IP deala) after joining many eco systems?

So many questions...

We haven't seen any proof that Akida2 have been tapped out yet, have we?

That chip was designed after customers feedback on what they want.

Now we are starting to see use cases with the 1000 & 1500 chips, but the 2nd generation should really get us going.

But admittedly I don't know how this works if a customer approach the company and ask them, we would like to order 10k Akida2 chips?

I doubt that's even possible since they are selling IP's but BRN seems quite flexible on the first chips because many companies won't pay 1 mill bucks if they are selling drones or some other products that sell in fairly small numbers.

However, I think some big player(s) have been testing Akida2/TENNs in software, and they should be close signing, well that's what I hope.

Tata been very quiet about Akida for a while??

I want to see an avalanche coming out of nowhere flushing the shorts down the mountain, LOL.

 

[DingoBorat]

I've been doing some thinking and calculating, have re-read the redomiciling announcement and I'm now personally 100% behind the US listing.

The consolidation of shares, no longer bothers me, with the caveat, that the "scheme of arrangement" does not contain any significant dilution of my current holdings, from the outset.


The US is moving forward, whereas most of the rest of the World, that counts, is likely going to remain in the quagmire of poor governance and self-degenerating policies.

That by itself, makes it attractive and the fact that America First is their mandate, being a part of the largest economy in the World, which is now in the process of being strengthened, is really our only choice.

I do think we will see the beginnings of some significant progress here, before the year is out, that will satisfy shareholders, but regardless, I no longer think the move is premature.

Although my experiences with companies consolidating shares has never been good, I believe BrainChip will be the outlier.

I have the confidence now, to again strongly encourage/try to get my Brother, to average down his holdings (something that I just had too much uncertainty about, just a few days ago).

 

[Beebo]

I've been doing some thinking and calculating, have re-read the redomiciling announcement and I'm now personally 100% behind the US listing.

The consolidation of shares, no longer bothers me, with the caveat, that the "scheme of arrangement" does not contain any significant dilution of my current holdings, from the outset.


The US is moving forward, whereas most of the rest of the World, that counts, is likely going to remain in the quagmire of poor governance and self-degenerating policies.

That by itself, makes it attractive and the fact that America First is their mandate, being a part of the largest economy in the World, which is now in the process of being strengthened, is really our only choice.

I do think we will see the beginnings of some significant progress here, before the year is out, that will satisfy shareholders, but regardless, I no longer think the move is premature.

Although my experiences with companies consolidating shares has never been good, I believe BrainChip will be the outlier.

I have the confidence now, to again strongly encourage/try to get my Brother, to average down his holdings (something that I just had too much uncertainty about, just a few days ago).

Good on you Dingo!
I truly believe we are ushering in a period substantial growth at BRN with potential lucrative government deals. Experiencing this phase with limitless exposure to US markets is critical.

P.S. I hope you were not being sarcastic

 

[DingoBorat]

Good on you Dingo!
I truly believe we are ushering in a period substantial growth at BRN with potential lucrative government deals. Experiencing this phase with limitless exposure to US markets is critical.

P.S. I hope you were not being sarcastic

Never!
But no, I wasn't