BRN Discussion Ongoing

[AARONASX]

I contacted Choiceplus and Commsec... I'm effectively screwed if we move to us markets with SP so low... Commsec said they only do international shares Broker to Broker and Choiceplus (hostplus) gave a flat out NO. If we can get SP up enough, then I can atleast sell with a profit in choiceplus and be reasonably happy. Commsec I guess I will have to sell and find best way to buy again if we move overseas. But without a BOOM in SP this is a terrible move for me (along with many others I'm guessing) so SP is what will Influence my Decision on a Yes/No Vote. I can't vote yes to losing a large sum of money and not able to invest any of my Super. The USA might be a good move for the Company, but not for me and many others with SP soooo low. DYOR...

I am not an expert, and here i am using Afterpay as an example (and understand this is not an acquisition)

If you are a CHESS holder under Commsec the shares remain with you,
If Choiceplus is the CHESS holder, they hold them on behalf of you, so long as the allow CDI also.

Afterpay was originally an Australian company listed on the Australian Securities Exchange (ASX) before it was acquired by the US-based Block Inc. (formerly Square Inc.) in 2022. Despite this acquisition, Afterpay shares remained accessible to Australian shareholders while also being integrated into the US stock market. Here’s how it worked:

CHESS Depositary Interests (CDIs) for Australian Shareholders

• Since Block is a US-listed company (NYSE: SQ), Australian shareholders couldn't directly hold NYSE shares through the ASX.
• To accommodate them, CHESS Depositary Interests (CDIs) were issued, which represent ownership of Block Inc. shares while being traded on the ASX.
• This allowed Australian investors to hold and trade Block shares in Australia without needing a US brokerage account.

Maintaining Australian Shareholder Access

• Afterpay investors who accepted the deal saw their Afterpay shares converted into CDIs, which are listed on the ASX under SQ2.
• Each CDI represents a proportion of a Block share (1 Block share = 4 CDIs).
• Investors could also opt to convert their CDIs into actual Block shares if they wanted to trade directly on the New York Stock Exchange (NYSE).

Summary

Afterpay shares didn’t technically "remain" in Australia; instead, they were replaced with CDIs representing Block Inc. shares, allowing Australian investors to continue trading on the ASX while Block took full ownership of Afterpay. This structure ensured that Australian shareholders could still participate in the company's growth without needing to move their investments offshore.

 

[DK6161]

Sounds like a lot of people will be forced to put their sell orders in before the US move to get the best price possible!
I personally don't have any BRN holdings in my super (very lucky!) and will wait until after this year's AGM to give Sean a last chance to reveal what really has been happening behind the scene and what's promised after the US move.
This will hopefully give the SP enough time to recover (hopefully), then I will never have to deal with this sh!te again!

Not advice. DYOR!

 

[jrp173]

The management will not fk over its Australian shareholders IMO that’s not how anyone on the board or PVM for that matter think. They have a plan and we are apart of this plan. Stay positive we’re very close to the $$$

I wish I had your confidence and faith in the company.

You say they would not fk over Australian shareholders, but i think that's exactly what they've been doing for the last few years (using LDA for funding, very little information flow, no significant deals, continually over-promising success and continually rewarding themselves with RSUs just to name a few things).

I'd hazard a bet that some of the non exec folk (chairman and directors) have made more money from Brainchip (salary and RSU's) than a lot of long term shareholders.

As for PVM, he has 150,000,000M shares (which he absolutely deserves as the founder), even at today's $.20 share price, he is still worth $30,000,000 AUD (plus what he has already sold). At his age, with that kind of money, he's set for life. He doesn't need to be too concerned about BRN or it's Australia shareholders.

I desperately want BRN to succeed, but something has to give here.....

 

[Smoothsailing]

I wish I had your confidence and faith in the company.

You say they would not fk over Australian shareholders, but i think that's exactly what they've been doing for the last few years (using LDA for funding, very little information flow, no significant deals, continually over-promising success and continually rewarding themselves with RSUs just to name a few things).

I'd hazard a bet that some of the non exec folk (chairman and directors) have made more money from Brainchip (salary and RSU's) than a lot of long term shareholders.

As for PVM, he has 150,000,000M shares (which he absolutely deserves as the founder), even at today's $.20 share price, he is still worth $30,000,000 AUD (plus what he has already sold). At his age, with that kind of money, he's set for life. He doesn't need to be too concerned about BRN or it's Australia shareholders.

I desperately want BRN to succeed, but something has to give here.....

Stay positive nothing great is achieved without more pain than your imagination permits 99% of the time.
The eco system is established now and the pipeline is huge. All the work going on within the BRN team of scientists and engineers will do us all proud and Iam extremely confident of announcements prior to the AGM.

 

[HopalongPetrovski]

Would you like to get off your high horse and shed some lights for us donkeys on how we should navigate this proposed move to the US?
I hope you'll you're still increasing your holdings!

This is not an investment advise forum.
It is merely a place to express and exchange views, opinions, comments, findings, research and other assorted gossip about BrainChip.
Each of us have our own circumstances, risk tolerances and responsibilities to both consider and take into account and which are largely unknown to other's, as are our bias's, agenda's and predilections.
Except as they are gradually made manifest by an individual's postings over time.
You, for example, who post for your own amusement only.

 

[Meatloaf]

It’s good to see so many people voicing their opinion on redomiciling. All aspects of this move have to be considered.
Brn management need to prove to me that they are capable of closing deals and bring in revenue prior to considering such a move.
I will not follow blindly on the hope that this will be a better strategy. It’s a bit like: “it’s not working here so let’s try elsewhere”.
Make the deals, increase revenue to cover costs, bring the SP up and we can talk about new strategies.

 

[jrp173]

Stay positive nothing great is achieved without more pain than your imagination permits 99% of the time.
The eco system is established now and the pipeline is huge. All the work going on within the BRN team of scientists and engineers will do us all proud and Iam extremely confident of announcements prior to the AGM.

I hope you are right Smoothsailing. Fingers crossed!

 

[HopalongPetrovski]

Sometime back, a prominent poster on this platform tried a little experiment.
As I recall he suggested that we, as a group, all purchase $1000 worth of BRN at a particular time on a particular date, just to see, if by so doing, we could positively influence the share price.
Forgive me if I have some of this detail slightly muffled, am just working from memory

Anyway, with this simple, unambiguous and one would have thought, universally acclaimed goal in mind he got about 3 takers
And of course, the activity had absolutely no discernible impact on our price.

My point being is that unless all the people both here and over on the crapper who are demanding this, that or the other in order to secure their vote, for or against the move, actually control many millions of shares its basically just the venting of hot air.

Now, who’s up for increasing our share price by buying a million dollars worth tomorrow morning at 10.55?

 

[Space Cadet]

RSUs are equivalent of shares. He sell 2.1 million RSU and then convert them in shares.
Regarding Sean jumping the ship that is a guesstimate based upon the facts in last 3-4 years he always sell in Nov,dec and this time he is selling again after selling in NOV earlier as well. For every time he has to pay tax he sell brn shares.
I donot know the same is advance tax or Sean is selling in anticipation that sp will be much lower in Nov Dec this year.
On top there is a lot of pressure regarding redomicile, contract with ARFL, finding a subcontractor and then earlier announcement on asx that sub contractor is signed for 800000 USD, but then providing details in 4c that negotiations are going on with sub contractor, so if the negotiations are still holding them how team brainchip knows costs will be 800000 only. That looks like the earlier subcontractor backs out.
But everything is a guesstimate.
Dyor

It is my belief that tax is due immediately on vesting, not when doing annual tax return.

SC

 

[FJ-215]

It is my belief that tax is due immediately on vesting, not when doing annual tax return.

SC

We went through this when Lou crashed the SP. From memory he agreed to spread out the selling from then on.

Sean knew he had these RSUs vesting, not hard to plan ahead and have funds available for tax payments.

 

[AusEire]

Would you like to get off your high horse and shed some lights for us donkeys on how we should navigate this proposed move to the US?
I hope you'll you're still increasing your holdings!

Eh No I would not like to shed some light on how anyone should navigate the proposed move to the US. I haven't even decided what I'll do because we DO NOT KNOW what is going to happen yet.

I will increase my holdings when I have the finances to do so and you'll be the first to know.

 

[Xray1]

It’s good to see so many people voicing their opinion on redomiciling. All aspects of this move have to be considered.
Brn management need to prove to me that they are capable of closing deals and bring in revenue prior to considering such a move.
I will not follow blindly on the hope that this will be a better strategy. It’s a bit like: “it’s not working here so let’s try elsewhere”.
Make the deals, increase revenue to cover costs, bring the SP up and we can talk about new strategies.

Don't forget, that once we have redomicile to the USA, then Sean H will be able to say on his future resume/s and social meadia that he is/was a CEO of a listed ASX Co and a CEO of a NASQAD listed USA company as well.

I am still hoping that the Co can show new IP agreements and revenues eventuating before the upcoming AGM within the next few weeks.

 

[HarryCool1]

Sometime back, a prominent poster on this platform tried a little experiment.
As I recall he suggested that we, as a group, all purchase $1000 worth of BRN at a particular time on a particular date, just to see, if by so doing, we could positively influence the share price.
Forgive me if I have some of this detail slightly muffled, am just working from memory

Anyway, with this simple, unambiguous and one would have thought, universally acclaimed goal in mind he got about 3 takers
And of course, the activity had absolutely no discernible impact on our price.

My point being is that unless all the people both here and over on the crapper who are demanding this, that or the other in order to secure their vote, for or against the move, actually control many millions of shares its basically just the venting of hot air.

Now, who’s up for increasing our share price by buying a million dollars worth tomorrow morning at 10.55?

I'm in!! Wait what??

 

[DingoBorat]

We cry about getting shorted on the ASX, but does anyone really think it’ll be any better in the US?

Moving to the US market now is like getting a new pen to get higher score for exams instead of actually studying. It’s a joke.

Sell the damn products, close some real deals, and make actual revenue before even thinking about relocating. Atlassian had over $300 million in revenue before its IPO, and Canva is gearing up for a listing with huge earnings.


And BrainChip? Burning $20 million a year while making tiny amount—less than a million in revenue. We spent $200k on engineering fees, with 60 employees, I am sure many of them gets paid way more than what the whole company earns...

Imo only...dyor...

"Moving to the US market now is like getting a new pen to get higher score for exams instead of actually studying. It’s a joke"

We don't really have much choice, with the changing dynamics, of the Largest Economy in the World.

Yes, we need more traction going in and that is likely still happening, as we "speak".

We don't need China.

But we do need America.

Approaching penetrating the US markets, with your mentality "now" is like saying..
"Well, you haven't done well there so far, let's see how you do, with one arm tied behind your back"..

 

[JB49]

Australian start-up Optera Solutions selected for Thales Alenia Space Accelerator

Australian start-up Optera Solutions has been selected to join the Thales Alenia Space Accelerator Program in its French hub of Toulouse, France.

www.thalesgroup.com

Bit of a shame. Optera who are a spin off from the International Centre for Neuromorphic Systems at Western Sydney University, were just selected by Thales for neuromorphic event based sensing in space.

Andre Van Schaik is the founder of Optera. Andre Van Schaik is on our scientific advisory board.

I hope we aren't giving away any secrets

 

[Mccabe84]

Don't forget, that once we have redomicile to the USA, then Sean H will be able to say on his future resume/s and social meadia that he is/was a CEO of a listed ASX Co and a CEO of a NASQAD listed USA company as well.

I am still hoping that the Co can show new IP agreements and revenues eventuating before the upcoming AGM within the next few weeks.

Do we actually know BRN is going to the NASDAQ or are people just making things up ?

 

[manny100]

America's Seed Fund:
Here is the history of Quantum Ventura/AKIDA history of the development of the " only game in town cybersecurity".
The development was funded by America's Seed Fund.
Worth a read to appreciate how long it takes to go from start to finish. see bottom of the link.
Solicited by QV in 2021, commenced in April 2022, finalized in April 2024. It appears Lockheed-Martin was not involved until after April'24.
Obviously saw the $$$$ signs flashing.
Another interesting point is that the development included comparing AKIDA against Intel Loihi. Obviously AKIDA won hands down.
As Loihi is a research chip and not commercially available its obviously only used as confirmation of AKIDA performance.
Have a read of the link. Its very interesting.
There are a few projects AKIDA has been involved in with Seed fund $.
AKIDA makes other products better.
Award | SBIR

 

[Bravo]

Moschip has just announced the launch of a new digital solutions suite "Moschip Digital Sky" which is aimed at accelerating the development of next-generation connected and intelligent products, combining edge AI amongst other things.

I tried to find out a bit more about Digital Sky and stumbled upon this video of Vishal Patil, SVP Product Engineering Moschip, who describes how the three main components (Digital Products, Digital IT and Digital Operations) will all tie in together for a new digital era that seamlessly combines Intelligent AI and Connected IOT together.

At approximately 11.49 mins Vital provides more of an explanation of how the Connected Products will work and he states "where the intelligence can be embedded within and the inferences can be run on it and they have been positioned to not only give realtime data but also adapt.themselves for self-services that will be required at their own end. They can actually go on and self-healing by themselves".








MosChip Technologies share zooms 9% on launching MosChip DigitalSky GenAIoT

Last Updated : Mar 06 2025 | 1:23 PM IST


EXTRACT ONLY
MosChip Technologies share price:MosChip Technologies shares were in demand on Thursday, March 6, 2025, as the stock rallied as much as 9.06 per cent to hit an intraday high of Rs 167.80 per share.

MosChip Technologies shares rose following the announcement of the launch of MosChip DigitalSky GenAIoT, a digital solutions suite aimed at accelerating the development of next-generation connected and intelligent products.

According to the company, MosChip DigitalSky GenAIoT will enable enterprises to innovate quickly, shorten product life cycles, and optimise performance by combining the transformative powers of IoT, AI, Generative AI, Edge AI, workflow automation and testing, security, and application modernisation.

Tailored to meet the evolving demands of industries such as smart homes, manufacturing, consumer electronics, healthcare, automotive, and energy, the company highlighted that this suite offers enterprises a scalable and future-proof foundation. It helps build next-generation smart products, majorly reducing time-to-market while improving operational efficiency, MosChip added.

“Product development is at a critical inflection point - connectivity and intelligence are no longer add-ons but core necessities. With MosChip DigitalSky GenAIoT, we are not just offering a technology suite; we are delivering a highly optimised, modular, and intelligent digital suite that accelerates the entire product lifecycle - from hardware design and embedded systems to AI-driven insights and automation. This ensures seamless integration, reduced complexity, advanced cognitive intelligence, and enhanced security at every stage of product development,” said Vishal Patil, senior vice president of product engineering at MosChip.

The company further said that MosChip DigitalSky GenAIoT is now available for enterprises looking to redefine product development, drive innovation, and lead in the era of connected intelligence.

What does MosChip DigitalSky GenAIoT offers?

The MosChip DigitalSky GenAIoT Solutions Suite offers a comprehensive range of offerings designed to drive digital transformation. The Integrated IoT and Connectivity Suite ensures seamless onboarding of smart devices, providing unified management, real-time insights, and adaptive edge security. This suite is built to optimize connectivity and data flow across a wide variety of devices.

The Cognitive Intelligence Suite is centered around enhancing operational efficiency and decision-making through advanced AI capabilities. It integrates Edge AI and Generative AI solutions, enabling businesses to derive actionable insights and automate complex processes, ultimately improving productivity and performance.

The Unified Automation Suite focuses on automating product testing and streamlining product workflows. With the use of autonomous agents and dynamic orchestration, it reduces operational bottlenecks, enabling faster and more efficient development cycles.

Lastly, the Digital-Native Suite helps enterprises navigate cloud-native transformation and microservices modernisation. It also offers integrated data intelligence.

“Today’s enterprises demand frictionless integration, real-time intelligence, and security-first architecture - all while staying agile. MosChip DigitalSky GenAIoT brings these critical capabilities together in a cohesive, solution suite. Together with MosChip DigitalSky Innovation Hub, it provides product leaders and enterprises with unprecedented access to latest technologies, deep tech expertise, and an ecosystem to accelerate innovation, mitigate risks, and fast-track the journey from concept to market-ready, intelligent products,” saidSwamy Irrinki, senior vice president of worldwide sales & marketing at MosChip.






Reminder:

View attachment 78749

Me again.

I had to pop out for a couple of hours and have only just finished watching the whole of the previously posted Moschip Digital Sky video.

Here's a screen-shot at 18.17 mins and this is when Vishal Patil, SVP Product Engineering Moschip, goes on to describe the Connected Use Cases of Synergies. Examples are shown where AI intersects with areas including home automation (AI driven devices & appliances, energy efficiency ( AI-powered sensors and devices that can adjusting heating and cooling based on occupancy - NOW WHERE HAVE I HEARD THAT USE CASE DESCRIBED BEFORE ), enhanced healthcare (AI enabled diagnostics), factory automation (defect detection), and automotive (driver distraction, pose estimation, voice Bot).

It's all sounding very promising if you ask me.

DYOR. IMO of course.

 

[HopalongPetrovski]

Do we actually know BRN is going to the NASDAQ?

No.
We don't know that.
It's merely one of a dozen assumptions that are being run up the flagpole to both gauge and in some cases try and influence sentiment.

 

[DingoBorat]

Australian start-up Optera Solutions selected for Thales Alenia Space Accelerator

Australian start-up Optera Solutions has been selected to join the Thales Alenia Space Accelerator Program in its French hub of Toulouse, France.

www.thalesgroup.com

Bit of a shame. Optera who are a spin off from the International Centre for Neuromorphic Systems at Western Sydney University, were just selected by Thales for neuromorphic event based sensing in space.

Andre Van Schaik is the founder of Optera. Andre Van Schaik is on our scientific advisory board.

I hope we aren't giving away any secrets

Optera aren't stepping on our toes, they deal with optical sensors using neuromorphic principles and are more analogous, with Prophesee.