BRN Discussion Ongoing

manny100

Top 20
One thing someone at the AGM should ask is managements definition of the word bookings, The statement that we expect higher bookings in 2025.
Think shareholders should know it does,nt mean,IP Licences, Revenue,Sales,Contracts. It means at trade shows talking to parties that’s it, that is what we pay them there generous bonuses for, the same shit they have done the last six years all talk no action. All these partnerships are a way of hiding the fact nobody wants to buy a IP Licence and pay upfront we are giving our IP away in the hope it may result in a saleable item. If it’s not the case then where the fuck is all the revenue from all the items we are supposedly using it in space. Glad I brought a engineering business not!
"last 6 years all talk no action."
They only went fully commercial less than 3 and a half years ago.
 

7für7

Top 20
I ask Lou if I could post his response and he responded with those 4 words. Which made no sense to me, so until I know I can then I won’t 😂 and why’s it insider’s knowledge? As Lou is just a share holder like the rest of us.


Insider knowledge refers to you, because you seem to know something we don’t… And why would he post two contradictory messages in the most hostile forum, and then, when it comes to his supposed reply—which is supposedly informative—it suddenly can’t be shared? That makes even less sense to me.
 
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HopalongPetrovski

I'm Spartacus!
I have to disagree with the idea that this AGM is our last real opportunity to make our views known. Shareholders aren’t powerless or voiceless between AGMs. If you want to understand what the board is going to do over the next 12 months, just ask the hard questions about the last 12. Their track record is usually a solid indicator.

Let’s not pretend the timing of the redomicile announcement is accidental. It’s been in the works for months, and now right before the AGM and conveniently after a poor 12-month performance it finally gets released. That’s not transparency… that’s strategy.

This isn’t about open exchanges or selling us on the idea.
It’s about control and narrative management.
And I call BS.
If it is not discussed at this AGM and yet is proposed to be done before the next, when exactly is the opportunity for ordinary shareholders to have any input and engage in an exchange of views with the board?
 
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HopalongPetrovski

I'm Spartacus!
I ask Lou if I could post his response and he responded with those 4 words. Which made no sense to me, so until I know I can then I won’t 😂 and why’s it insider’s knowledge? As Lou is just a share holder like the rest of us.
Hi Pom.
So are you now convinced 100% that it was the real Lou DiNardo who made those posts on the crapper?
Whoever made them was clear enough on their opinions.
The controversy is around if it was actually Lou or someone impersonating him.
 
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Hi Pom.
So are you now convinced 100% that it was the real Lou DiNardo who made those posts on the crapper?
Whoever made them was clear enough on their opinions.
The controversy is around if it was actually Lou or someone impersonating him.
From the response I got 110% and @TECH confirmed it was his email
 
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7für7

Top 20
This topic is getting more and more ridiculous… Just like in kindergarten… “The teacher told me a secret… but I’m not allowed to tell you!” “Which teacher?”
“Mhhhmmmm I can’t tell you 😛
 

Guzzi62

Regular
One thing someone at the AGM should ask is managements definition of the word bookings, The statement that we expect higher bookings in 2025.
Think shareholders should know it does,nt mean,IP Licences, Revenue,Sales,Contracts. It means at trade shows talking to parties that’s it, that is what we pay them there generous bonuses for, the same shit they have done the last six years all talk no action. All these partnerships are a way of hiding the fact nobody wants to buy a IP Licence and pay upfront we are giving our IP away in the hope it may result in a saleable item. If it’s not the case then where the fuck is all the revenue from all the items we are supposedly using it in space. Glad I brought a engineering business not!
Tom& Jerry,

IP deals starts with partnerships, that's not that hard to understand, is it?

Smaller companies don't have money for paying for an IP license, so they typically pay more per chip than a company buying an IP.

You and your fellow downrampers keep on harping about the timeline, but you guys seems to forget we are only about 3.5 years into Sean's 5-year plan!
The BoD knows exactly what's going on, and they will already now have a good picture of how his plan is unfolding.
I expect we will know more next week, stay tuned!

Sadly, getting rich quickly didn't pan out for you, maybe try crypto?
 
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TheDrooben

Pretty Pretty Pretty Pretty Good


Screenshot_20250502_141738_LinkedIn.jpg


Happy as Larry
 
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manny100

Top 20
For perspective another example of the lenghty timeframes to closure.
Renesas took out licence in Dec'20.
Renesas announced it was taping out the chip in Dec'22.
It was likely around Mid 2023 before they received and completed testing the production chip.
That is only around 2 years ago.
Their clients would then perform their own testing before they released it to the public in products.
If Reneses clients are using it for non regulated products we may start seeing results very late this year or next year.
For regulated products eg some health or auto safety add around a couple of years.
 
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HopalongPetrovski

I'm Spartacus!
From the response I got 110% and @TECH confirmed it was his email
Thanks for your response.
But as someone pointed out, that email address and a number of other corroborations were previously disclosed publicly.
I applaud your honouring his confidentiality but it leaves me not much the wiser. 🤷‍♂️
Anyway, as you say, and I have also pointed out, Lou is just a shareholder like the rest of us and certainly entitled to an opinion.
It seems whoever "Loudin" is has stopped posting now and that thread has just turned into another typical crapper crapfest 🤣
 
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Bravo

If ARM was an arm, BRN would be its biceps💪!
Another post, another cue,
And once again, it's signed by Lou.

Now the forum's split in two,
Some say “fake,” some swear “true,”

Threads begin without a clue,
Pom declares" I don't give a screw".

But seriously - was that really Lou?
Or was it me? Or maybe you?

The tale unfolded, the madness grew,
'Till no-one knew who was who.




Screenshot 2025-05-02 at 2.54.48 pm.png
 
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Thanks for your response.
But as someone pointed out, that email address and a number of other corroborations were previously disclosed publicly.
I applaud your honouring his confidentiality but it leaves me not much the wiser. 🤷‍♂️
Anyway, as you say, and I have also pointed out, Lou is just a shareholder like the rest of us and certainly entitled to an opinion.
It seems whoever "Loudin" is has stopped posting now and that thread has just turned into another typical crapper crapfest 🤣
I apologized for me email to him thinking it was someone else and he responded

IMG_2616.jpeg
 
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jrp173

Regular
why does a share consolidation hurt shareholders. pie is still the same size.

The pie may still be the same in terms of $value at listing, however you need to consider the price movement (both up and down) after listing.

Just as an example, but using today share price of 25c, moving to Nasdaq where a share price of $4USD is required, it would be a 25:1 consolidation.

Following the proposed 25:1 share consolidation as part of the transition from the ASX to the Nasdaq, every 25 shares you currently hold will be consolidated into 1 new share. This means the Nasdaq share price will be higher to reflect the smaller number of shares on issue. However, one key risk to consider is that after the consolidation, a 1 cent AUD movement in the original ASX share price would equate to approximately a 16 cent USD movement in the Nasdaq share price (based on an exchange rate of 65 cents AUD to USD).

As a result, the share price on Nasdaq will need to move in much larger increments to deliver the same relative gains you may be used to on the ASX. This reduced price granularity may impact liquidity and increase volatility, making it harder to achieve small, incremental gains — and potentially amplifying both upside and downside price movements.

So being fair, the price movement in the above example will have a much "sharper" affect on your shareholding value (both in terms of share price increase and decrease...

A move to Nasdaq does not guarantee a re-rating as BRN talked about in their price sensitive announcement to shareholders.
 
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MDhere

Top 20
Can we move on from this please. Im trump email me at idontgiveafuck@me.com

Now back to brainchip chippers :)
 
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Doz

Regular
Antonio has already been down this road :

1746164459113.png



1746164531020.png


Not good ……
 
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PLEASEEEEEE .... PLEASEEEEE ..... PLEASEEEEEE ....stay away from raising any issues concerning the Company's Re-Domiciling to the USA during this AGM .... IMO, It's not an issue for this AGM ..... let's use our constructive time at this AGM to discuss the real issues of there being no new IP agreements and No meaningful revenues streams ............ leave the Re-Domicile issue until another time or until such time as we are all served with a formal Co ASX notice of the Co's intention to do so ........... once again, I think this is all a diversionary tactic by the Co to bypass the real issues at present and waste s/holders time at the AGM on unrelated side issues.
We all need the Co and BOD's as part of their Fiduciary Duty to give all of us Co S/Holders full and frank disclosure's ... so, please ask them all the questions that may concern you and that need answering by the Co hopfully in a meaningful way and not by way of a so called "Fluff" response.
I 100% agree Xray. It will be important to keep the board on task in responding to the current state of affairs. The time for fluff and bluff is gone. A lot of statements have been made and things implied in past AGM's and podcasts. Sure progress has been made, but very few, if any of these statements delivered with enthusiastic optimism around soon to be realised signings/earnings have materialised. It is time for fact and material information on where the company is at now.

I also agree that the proposition of moving to a foreign exchange is an important one to discuss. However, there are more pressing points that should be first given air time. I have not been able to make sense of the timing of this announcement. It flies in the face of all prior correspondence on the matter. There must be a catalyst which has changed the timeframe, it is the boards responsibility to disclose this voluntarily. I would hope that at very least we are provided a broad stroke update on this in Sean's address. I truly hope it is not simply to defer shareholders attention. However some real transparency next week is critical. An AGM should be an event that provides us with updates and information rather than one that sees us leaving scratching our heads more questions than answers. We have great tech and some wonderful talented individuals on the team, I would hate to think that the efforts of many are being stifled by the actions of a few.

All in my opinion of course
 
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When are the next financial due ?
 

jrp173

Regular
Every year around this time all the snide, negative comments really ramp up, I wonder why...not!

So many moaners, yet they just won't crystallize their loss and admit they wished they had offloaded all their shares at north of $2.00...well tough luck princesses.

Toughen the F up...Brainchip isn't your personal ATM..this is a journey, yes it's damn slow, but is the technology useless ?
Are we hiring imbociles? Are we engaging with incompetent tier 1 companies?..Is Sean a snake oil salesmen?..on and on.

From memory, Lou received two tranches of 7.5 million shares as "Chief 3 Hats" giving or some would say, gifting him with 15 million shares, of which he still holds just under 5 million shares, some seem to forget about the approximate 17 + million AUD that was wasted (blown) under his watch on the Studio sales team etc, the email address that was posted by some idiots on the HC site was actually Lou's private account, I can confirm that myself.

What 99% of you don't know is why he abruptly left as our CEO and Peter took over as interim CEO, and by the way, he did a great job in changing the accountability and tightened up on internal procedures with the help of the BOD..I liked Lou, but there was an issue and the company moved on.

The jury is still out on Sean, maybe he has clashed with some key staff who have since moved on, I simply can't comment because I'm not privy to the internal office day to day issues, which I'm sure there are like most.

Personality clashes happen all the time, ego's, power struggles etc are all part and parcel of life, but we all keep growing and move forward.

Ramble finished...goodnight from 🥝 Tech.

Telling shareholders to toughen up and sell if they’re not happy is a load of absolute rubbish. This is a public company. Every shareholder has the right to hold management accountable for failed promises, vague announcements, and years of under-delivery. That’s the deal when you list on a stock exchange — you answer to your owners. Some of us want answers and are demanding better from BrainChip.

Don’t confuse frustration with moaning. What you’re seeing isn’t “moaning” — it’s years of patience wearing thin, because the board keeps missing the mark. Commercialisation was “imminent” in 2021. “Revenue is just around the corner” has been the line for ages. And now we’re down 80%+ and still getting spin instead of substance. That’s not bad luck — it’s bad management.

The fact is the company is being held to account — as it should be. And if that upsets your blind loyalty, I can’t help that. That’s how listed markets work. If BrainChip wants investor trust, it needs to earn it.

So maybe next time, instead of insulting people who’ve backed this company with real money for more than 10 years, you take a look at who’s actually trying to push for the standards that might one day make this investment worthwhile.

As for your innuendo about Lou’s departure, that 99% of us don’t know about (which would clearly be covered by a NDA) — if you’re not legally authorised to speak on it, then don’t. You’re doing neither the company nor shareholders any favours by peddling vague suggestions regarding his departure.
 
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Frangipani

Top 20
Our Chairman of the Board of Directors, Antonio J. Viana, is joining yet another company as Non-Executive Director: PQShield (https://pqshield.com/).
According to their self-description, PQShield are “leading experts in post-quantum cryptography” and “were the first cybersecurity company to develop quantum-safe cryptography on chips, in applications, and in the cloud.”

Since I don’t have a clue what that actually means, I have no idea whether there is any cross-pollination possible, but highly likely someone else here on TSE will be able to tell us…
(Unsurprisingly in the semiconductor world, they do share some ecosystem partners with BrainChip.)



View attachment 74148

View attachment 74150

View attachment 74149
View attachment 74151

In December, a company called PQShield welcomed Antonio J. Viana as a Non-Executive Director:

https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-443567

1C5E6DB7-733C-43FA-BD40-5D355D52D742.jpeg



This week’s announcement of our collaboration with Chelpis happens to confirm the potential interest of companies in the business of post-quantum cryptography in our technology…

142AAF6A-C4FF-4343-A2F8-2B12229D7067.jpeg
 
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The pie may still be the same in terms of $value at listing, however you need to consider the price movement (both up and down) after listing.

Just as an example, but using today share price of 25c, moving to Nasdaq where a share price of $4USD is required, it would be a 25:1 consolidation.

Following the proposed 25:1 share consolidation as part of the transition from the ASX to the Nasdaq, every 25 shares you currently hold will be consolidated into 1 new share. This means the Nasdaq share price will be higher to reflect the smaller number of shares on issue. However, one key risk to consider is that after the consolidation, a 1 cent AUD movement in the original ASX share price would equate to approximately a 16 cent USD movement in the Nasdaq share price (based on an exchange rate of 65 cents AUD to USD).

As a result, the share price on Nasdaq will need to move in much larger increments to deliver the same relative gains you may be used to on the ASX. This reduced price granularity may impact liquidity and increase volatility, making it harder to achieve small, incremental gains — and potentially amplifying both upside and downside price movements.

So being fair, the price movement in the above example will have a much "sharper" affect on your shareholding value (both in terms of share price increase and decrease...

A move to Nasdaq does not guarantee a re-rating as BRN talked about in their price sensitive announcement to shareholders.
Actually I asked Lou the question about reconciling to the America and he stated if we were join as a 3rd tier listing on nasdaq we would require a share price of $1usd and said it was very expensive and risky for shareholders and that the company would have more than a wish and a promise to survive the transition.

I also spoke about Steve and he said that he had the company at heart and would provide expertise and balance to the BoD plus he knows the technology and the markets, so unless the company can persuade me otherwise I’ll be voting against listing in America and a big fat yes to Steve joins the BoD
 
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