BRN Discussion Ongoing

[HopalongPetrovski]

Thanks Fellas.
So, we should have notification around 5pm today with implementation in 2 weeks on 21 March.

 

[Diogenese]

Hi Dio.
Could you please dumb it down a touch for me.
As far as a product goes do you see it as something that will be primarily used by enterprise grade operations such as data centres which would, I assume, have limited numbers, but would also be quite lucratively priced?

Is it likely that a product in a usb raspberry pi form factor that could be relatively cheaply produced in large quantities would be made available for purchase by the likes of me as a commercial personal cybersecurity device I could attach to my laptop/ desk computer?

As you say, I pay an annual subscription for software based security for my systems but would dearly like to supplement/ enhance my protection with something Akida based.
I agree, in that I see that as a potentially huge market for BrainChip to tap.
Indeed, possibly a Company making market.
Or am I just dreaming in this regard.
Thanks in advance.

Hi Hoppy,

Bloody hell! Now you've made me think about the practicalities of adopting M2.

The M2 is a miniature PCB designed to fit into an internal slot on any device equipped with the appropriate slot, so the initial market is limited to devices with a vacant M2 slot.

The M2 literature mentions gateways, ie, your internet connection box, and anything larger such as the edge box. It would also be useful in enterprise servers.

I would like to see a USB version (belt and braces, me, when it comes to cybresecurity), but I suppose their thinking is that any PC/laptop connected to the internet would be via a WiFi gateway. Still, roaming is a problem as you don't know where it's been, so I'd like to see the M2 in any connected device I used. Trojans like key stroke loggers are a particular concern for online banking.

Someone mentioned that USB would be slower than M2, and that may be of concern for gamers, but I don't think it would be such a problem for real people.

Longer term, it is possible that phone makers and PC makers will incorporate M2 into their product design.


I'm not familiar with Raspberry Pi, but their site talks about an M2 Adaptor:
https://www.raspberrypi.com/products/m2-hat-plus/

Raspberry Pi M.2 HAT+​

The Raspberry Pi M.2 HAT+ enables you to connect M.2 peripherals such as NVMe drives and AI accelerators to Raspberry Pi 5’s PCIe 2.0 interface, supporting fast (up to 500 MB/s) data transfer to and from NVMe drives and other PCIe accessories.

Raspberry Pi 5’s single-lane PCI Express 2.0 interface is exposed on a 16-pin, 0.5mm- pitch FPC connector; the M.2 HAT+ M Key is a mechanical adapter board that converts between this connector and a subset of the M.2 standard. It supports devices that have the M.2 M key edge connector, in the 2230 and 2242 form factors. It is capable of supplying up to 3A to connected M.2 devices.

The Raspberry Pi M.2 HAT+ conforms to the Raspberry Pi HAT+ specification and is autodetected by the latest Raspberry Pi software/firmware. It is supplied with a 16mm stacking header and threaded spacers, so it can be fitted to a Raspberry Pi 5 with the Raspberry Pi Active Cooler in place.

 

[7für7]

Have a nice weekend fellas… still counting the days until rich

 

[HopalongPetrovski]

Hi Hoppy,

Bloody hell! Now you've made me think about the practicalities of adopting M2.

The M2 is a miniature PCB designed to fit into an internal slot on any device equipped with the appropriate slot, so the initial market is limited to devices with a vacant M2 slot.

The M2 literature mentions gateways, ie, your internet connection box, and anything larger such as the edge box. It would also be useful in enterprise servers.

I would like to see a USB version (belt and braces, me, when it comes to cybresecurity), but I suppose their thinking is that any PC/laptop connected to the internet would be via a WiFi gateway. Still, roaming is a problem as you don't know where it's been, so I'd like to see the M2 in any connected device I used. Trojans like key stroke loggers are a particular concern for online banking.

Someone mentioned that USB would be slower than M2, and that may be of concern for gamers, but I don't think it would be such a problem for real people.

Longer term, it is possible that phone makers and PC makers will incorporate M2 into their product design.

Thank you very much.
So if I am understanding what you are saying it appears that implementation may be still quite some time off?
So it's not something I could simply plug into a usb port I have on my existing laptop that was built before a certain date?
How long have M2 slots been incorporated in devices like laptops, phones etc?
Sorry, won't ask anymore after this.
Just trying to get a handle on a possible timeframe for implementation and who would be the likely Company's that we would partner with?

 

[Rskiff]

Thank you very much.
So if I am understanding what you are saying it appears that implementation may be still quite some time off?
So it's not something I could simply plug into a usb port I have on my existing laptop that was built before a certain date?
How long have M2 slots been incorporated in devices like laptops, phones etc?
Sorry, won't ask anymore after this.
Just trying to get a handle on a possible timeframe for implementation and who would be the likely Company's that we would partner with?

Next year

 

[Food4 thought]

Apple and Google
All information stays on device
Now that is interesting!!!!!!!!!!

 

[Diogenese]

Thank you very much.
So if I am understanding what you are saying it appears that implementation may be still quite some time off?
So it's not something I could simply plug into a usb port I have on my existing laptop that was built before a certain date?
How long have M2 slots been incorporated in devices like laptops, phones etc?
Sorry, won't ask anymore after this.

Hi Hoppy,

You're asking more than I know, so I phoned a friend:

https://en.wikipedia.org/wiki/M.2
...
Computer bus interfaces provided through the M.2 connector are PCI Express x4 (up to four lanes), Serial ATA 3.0, and USB 3.0 (a single logical port for each of the latter two). It is up to the manufacturer of the M.2 host or module to select which interfaces are to be supported, depending on the desired level of host support and the module type. Different M.2 connector keying notches denote various purposes and capabilities of both the M.2 hosts and modules, and also prevent the M.2 modules from being inserted into incompatible host connectors.[2][3][5]
...
The SATA revision 3.2 specification, in its gold revision as of August 2013, standardizes M.2 as a new format for storage devices and specifies its hardware layout.[2]: 12 [8] Buses exposed through the M.2 connector include PCI Express (PCIe) 3.0 and newer, Serial ATA (SATA) 3.0 and USB 3.0; all these standards are backward compatible.


... so I'd say it's imminent!

 

[7für7]

Apple and Google
All information stays on device
Now that is interesting!!!!!!!!!!

So practically it means, that future Apple devices will not provide possibilities to connect with the internet or they will use akida

 

[Meatloaf]

Looks like we are still in the S&P 300.
Unless I’ve missed it.
Other companies are announcing on Commsec

 

[Easytiger]

I'll try to get a response from Peter when I give him a call, he knows all about the loyalty and has met many Australian shareholders, with 3
NED's on the Board from Australia, nothing should ever be taken for granted, my personal attitude is that, we are still making forward steps, yes it's bloody frustrating seeing our share price so damn low, are we undervalued ?? it's hard to say when we see the quarterly revenue, it's depressing, lets be honest...BUT, why are big corporations still engaged with us ? because we have something that's definitely disruptive.

I agree with many of the regular posters, and my opinion really is, the company has to reveal exactly why this moving to the US at this stage
is so important, I want them to be upfront and truly sell me the idea WHY, NOT JUST BECAUSE THEY SAY SO.....many in Australia on this stock
are really hurting, yet we have a brilliant technology, don't you all agree ?

What we really need is AKD II and TENN's to infiltrate the ASX and counter the BOTS once and for all, the trading pattern and individual lines
make me sick......corruption at its finest..........ASIC make me sick as well.......absolutely gutless !!!!

Rant and moan completed..........Tech (stay strong BRN lovers)

What we really need is a transparent sales and revenue plan; and a team that is totally focused on and remunerated for its achievement. All other plans such as delisting and relisting are simply diversions from the real game.

 

[HopalongPetrovski]

Hi Hoppy,

You're asking more than I know, so I asked a friend:

https://en.wikipedia.org/wiki/M.2
...
Computer bus interfaces provided through the M.2 connector are PCI Express x4 (up to four lanes), Serial ATA 3.0, and USB 3.0 (a single logical port for each of the latter two). It is up to the manufacturer of the M.2 host or module to select which interfaces are to be supported, depending on the desired level of host support and the module type. Different M.2 connector keying notches denote various purposes and capabilities of both the M.2 hosts and modules, and also prevent the M.2 modules from being inserted into incompatible host connectors.[2][3][5]
...
The SATA revision 3.2 specification, in its gold revision as of August 2013, standardizes M.2 as a new format for storage devices and specifies its hardware layout.[2]: 12 [8] Buses exposed through the M.2 connector include PCI Express (PCIe) 3.0 and newer, Serial ATA (SATA) 3.0 and USB 3.0; all these standards are backward compatible.


... so I'd say it's imminent!

Thank you and sorry if I was pushy.
I know that there are not always easy or binary answers to some questions which sometimes people of limited education expect.
We are very lucky to have you and your expertise in our number and your input often clarifies difficult technical issues for many of us.
Appreciate your answers and also appreciate both your candour and caution in your responses.

 

[TECH]

Currently our Patents hold our true value, and it's much more than 410 Million AUD or more to the point 258.3 Million USD

Please, can we ALL be honest, I'm 10 years in, like many other long termers, it has not been an easy journey, yet I, like many I'd
suggest are to a point, emotionally rusted on, we believe in Peters et al technology, we question the resistance to 100% commitment
by major companies, who sing our praises, I fully understand why we turned on a dime when Sean sold his 5 year business plan to the
Board, we simply couldn't afford to go the chip route on our own, some seem to have conveniently forgotten about the near on 21
million AUD that was wasted on the "Studio" path, it was not good, I can't share what I know about Studio, but it wasn't as good as
many first thought.

Akida 1000 was born, and it was brilliant, it's so good it's being referenced as I speak, yes we now have AKD 1500, yes we now have
AKD II, but the communication from within the company to shareholders has been what I'd term mildly misleading, has it been taped
out, is it being taped out, has another entity taken charge of the fab process etc etc.

Then we have TENN's....yes it appears to be brilliant, space state models, yes we are engaged with very big market players, BUT many of
us are really frustrated, we have such a great technology, we have such a great team, all have the integrity that makes me want to stay
invested, but the allegedly 100 plus NDA's, I simply don't believe that anymore, I'm sorry, I just don't buy those comments any longer.

I trust Peter and Anil 100%......but as mentioned before, by mid 2026, which is so generous, that's 11.5 years of waiting for stable revenue,
I will be done....we need solid results, not solid lines joining dots !

I'm not normally this negative, but the suppression or manipulation of our share price seems to be getting the better of me lately.

I apologize for the moaning..............Tech

 

[Diogenese]

Thank you and sorry if I was pushy.
I know that there are not always easy or binary answers to some questions which sometimes people of limited education expect.
We are very lucky to have you and your expertise in our number and your input often clarifies difficult technical issues for many of us.
Appreciate your answers and also appreciate both your candour and caution in your responses.

Hi Hoppy,

You may remember that the M2 card is offered in a few different flavours for different PC slots.

https://laptopmedia.com/laptop-m-2-ngff-ssd-compatibility-list/

M.2, also known as NGFF (Next Generation Form Factor) is the successor of the mSATA standard for expansion cards. M.2 is very flexible and is widely used as an option for additional storage on the today laptop’s motherboards. It can vary in its size – at this point, commercially available are 30mm, 42mm, 60mm, 80mm, and 110mm lengths, which are commonly expressed like ‘2230’ (22mm wide, 30mm long), ‘2242’ (22mm wide, 42mm long), etc.

There are also three different types of “keys”, which purpose is to prevent the use of inappropriate M.2s – B, M and B&M

You need to choose your M2 PCB to match the installed slot. That means the internal wiring of the M2 contacts varies depending on which slot the PC has.

 

[Meatloaf]

Currently our Patents hold our true value, and it's much more than 410 Million AUD or more to the point 258.3 Million USD

Please, can we ALL be honest, I'm 10 years in, like many other long termers, it has not been an easy journey, yet I, like many I'd
suggest are to a point, emotionally rusted on, we believe in Peters et al technology, we question the resistance to 100% commitment
by major companies, who sing our praises, I fully understand why we turned on a dime when Sean sold his 5 year business plan to the
Board, we simply couldn't afford to go the chip route on our own, some seem to have conveniently forgotten about the near on 21
million AUD that was wasted on the "Studio" path, it was not good, I can't share what I know about Studio, but it wasn't as good as
many first thought.

Akida 1000 was born, and it was brilliant, it's so good it's being referenced as I speak, yes we now have AKD 1500, yes we now have
AKD II, but the communication from within the company to shareholders has been what I'd term mildly misleading, has it been taped
out, is it being taped out, has another entity taken charge of the fab process etc etc.

Then we have TENN's....yes it appears to be brilliant, space state models, yes we are engaged with very big market players, BUT many of
us are really frustrated, we have such a great technology, we have such a great team, all have the integrity that makes me want to stay
invested, but the allegedly 100 plus NDA's, I simply don't believe that anymore, I'm sorry, I just don't buy those comments any longer.

I trust Peter and Anil 100%......but as mentioned before, by mid 2026, which is so generous, that's 11.5 years of waiting for stable revenue,
I will be done....we need solid results, not solid lines joining dots !

I'm not normally this negative, but the suppression or manipulation of our share price seems to be getting the better of me lately.

I apologize for the moaning..............Tech

That’s exactly how I feel Tech. So over the constant speculation but revenue remains dismal. Many have referenced that a coffee shop would have a higher revenue. Well I’m starting to believe that.
What was Sean’s 5 year plan? I don’t recall it ever being disclosed.
This should have been our year of finally progressing and SP raising but it remains stagnant.
Can’t wait for the AGM.

 

[Diogenese]

Currently our Patents hold our true value, and it's much more than 410 Million AUD or more to the point 258.3 Million USD

Please, can we ALL be honest, I'm 10 years in, like many other long termers, it has not been an easy journey, yet I, like many I'd
suggest are to a point, emotionally rusted on, we believe in Peters et al technology, we question the resistance to 100% commitment
by major companies, who sing our praises, I fully understand why we turned on a dime when Sean sold his 5 year business plan to the
Board, we simply couldn't afford to go the chip route on our own, some seem to have conveniently forgotten about the near on 21
million AUD that was wasted on the "Studio" path, it was not good, I can't share what I know about Studio, but it wasn't as good as
many first thought.

Akida 1000 was born, and it was brilliant, it's so good it's being referenced as I speak, yes we now have AKD 1500, yes we now have
AKD II, but the communication from within the company to shareholders has been what I'd term mildly misleading, has it been taped
out, is it being taped out, has another entity taken charge of the fab process etc etc.

Then we have TENN's....yes it appears to be brilliant, space state models, yes we are engaged with very big market players, BUT many of
us are really frustrated, we have such a great technology, we have such a great team, all have the integrity that makes me want to stay
invested, but the allegedly 100 plus NDA's, I simply don't believe that anymore, I'm sorry, I just don't buy those comments any longer.

I trust Peter and Anil 100%......but as mentioned before, by mid 2026, which is so generous, that's 11.5 years of waiting for stable revenue,
I will be done....we need solid results, not solid lines joining dots !

I'm not normally this negative, but the suppression or manipulation of our share price seems to be getting the better of me lately.

I apologize for the moaning..............Tech

Hi Tech,

To some extent, BRN is the victim of its own success as far as keeping pace with, or rather leading the rapid development of the technology.

Despite Sean's somewhat dismissive remark that Akida 1 was too narrow, we have seen several great implementations, but this is an indication that some customers wanted more ... 8-bit activaions, long skip, ...

But we also know that the advent of Akida 2 stymied at least one Akida 1 deal which had no doubt been years in the making.

TENNs is great tech (small "t" tech), allowing object tracking or NLP in silicon, relieving the CPU of the task of applying temporal algorithms to the classified (identified) output from Akida. We know it is being looked at for microDoppler radar, possibly for drone defence). We also know that TENNs can be run as an algorithm on a CPU, which means it can be commercilaized as an algorithm before the Akida 2 chip is produced. TENNs was seemingly magicked out of thin air, although Applied Brain Research had been working along similar lines.

I also keep harping on about the M2 QV CyberNeuro-RT cybersecurity PCB, a rabbit we pulled out of a DoE SBIR hat.

So we are like the swimming swan, moving along above the waterline without much apparent effort being exerted, while pedalling like mad under water.

So now I'm hoping that the board ha$ $omething up its $leeve to ju$tify the rehou$ing project.

 

[DingoBorat]

Without any revenue, this isn’t about getting a better pen—it’s about learning the alphabet first before blaming the pen.

Sure, a better pen might help, but no one is going to hand them one for free. They need to prove they can actually use it. The reality is, they haven’t even shown us they can write, so why are we talking about writing with one arm tied? If we give them the pen, soon someone will take it away from us once they realise we don't know the alphabet (i.e. IP deals/revenue).

We don’t always get the best conditions. Sometimes, you just have to work with what you have. In this case, they need to land a deal first to tell us that they can write... it's not like we were doing well before Trump...

Imo dyor

What is it with you and pens? ..

 

[HopalongPetrovski]

Looks like we are still in the S&P 300.
Unless I’ve missed it.
Other companies are announcing on Commsec

We were not removed???
Who do we have to fuck or how low do we need to go before we are kicked out?
Anybody understand it?

 

[DingoBorat]

Without any revenue, this isn’t about getting a better pen—it’s about learning the alphabet first before blaming the pen.

Sure, a better pen might help, but no one is going to hand them one for free. They need to prove they can actually use it. The reality is, they haven’t even shown us they can write, so why are we talking about writing with one arm tied? If we give them the pen, soon someone will take it away from us once they realise we don't know the alphabet (i.e. IP deals/revenue).

We don’t always get the best conditions. Sometimes, you just have to work with what you have. In this case, they need to land a deal first to tell us that they can write... it's not like we were doing well before Trump...

Imo dyor

I'm not sure I can get what I'm saying across any clearer, without just repeating the points I've already made..

I understand we need more IP deals.

You need to understand, that we need to be as accessible to the US market as possible.

The World is changing and we need to be in the strongest part.

BrainChip, isn't anywhere near big enough yet, to march to the beat of its own drum.

 

[Diogenese]

We were not removed.
Who do we have to fuck or how low do we need to go before we are kicked out?
Anybody understand it?

The shorters are having too much fun ...

 

[Yoda]

I feel you Papacass. I've been holder for over 9 years, and I am finding it enormously difficult to maintain positivity.

I want to believe in the technology, but how long does it take to get a "significant" deal over the line, not the small deals that we've seen recently. We've been promised so much over the years, but it has just never eventuated. Year after year, and podcast after podcast we are told this is the year, deals around the corner, hockey stick growth, explosive sales etc. I've actually spend some time going through past AGMs, podcasts and news etc, and Brainchip have simply not delivered on what they've said.

I've held my investment because I trusted the company and I've believed what they've told me (shareholders). I'm seriously beginning to wonder if any of it is true... My faith and confidence in management is almost zero!

And now to suggest a US listing, when they have not displayed any "real" success in Australia. To have four or five asx announcements in a day and just slip this one in, I can't help but think that management do not care one iota about Australian shareholders or the share price. Management have a lot of work to do, before they'll be able to convince shareholders to vote for this.

My other issue, is our list of partners. What does all of this mean? We have Mercedes, ARM, Intel etc etc. But no-one really knows what "partner" means. Does it mean we are working towards an IP licence or deal, or is it simply a single employee in a dark room playing with an Akida chip? Or it is someone like Mercedes who have used Akida in their EQXX model, but now it's radio since (so we don't know if EQXX was the end or beginning of our relationship with Mercedes). Will any of these partners actually lead to significant revenue/IP licence? It's like a black hole....I've emailed TD and ask him directly what "partnerships means" but just got back an email full of gibberish, goes around in circles and each sentence contracts the one before.

Im really hoping for some positive news before the AGM, but I've said this every year for years, so not holding my breath.

And for those that say oh well sell, selling is not the answer. The answer is management actually doing their jobs!

Yes, we've had several years now without the 'explosive sales' we were promised and of being told next year will be our year. Enough excuses from the CEO. We need some honest answers about why the product is not selling and what the plan is to turn that around. If I hear excuses about 'headwinds' or read statements about 'aggressive execution' of the sales strategy in a letter from the CEO one more time I'm not going to be happy. What is the strategy to sell this product and why isn't it bearing fruit? Too many years have gone by now and it's time for hard answers to hard questions at the next AGM in my opinion unless the company can land a truly significant deal in the meantime. More transparency with shareholders about the partnerships would be appreciated too.