BRN Discussion Ongoing

[Bravo]

Antonio when he was little tacker.

 

[Rskiff]

Not one of my questions was answered through the online message system.




Question 1 - I actually sent this one through 4 times to see if anyone would pick it up

I acknowledge that BrainChip is bound by NDS's; however, there remains a clear and effective way to share meaningful updates with shareholders without breaching confidentiality.

By reporting aggregated, anonymized, and non-identifiable data, BrainChip could easily provide its shareholders with valuable insight into operational progress, commercial engagement, and market traction without compromising client identities or sensitive negotiations.

BrainChip could publish metrics similar to this example which shows:

Total active commercial discussions: e.g. 26 companies currently in the pipeline

(This could then be further broken down into stages such as

• Enquiry / Early discussion: 14
• Proof of Concept (PoC): 6
• Pilot deployment: 3
• Commercial negotiations: 2
• Signed but not publicly disclosed: 1

This level of transparency would not only strengthen shareholder confidence but also allow alignment between performance outcomes and executive remuneration (e.g., bonuses), ensuring a clearer and more justifiable basis for incentive payments.

Can you please confirm whether the Board will consider providing such aggregated engagement metrics in future shareholder communications?


Question 2

What are your thoughts on Arm recently having partnered with Beken (a Chinese company) on ultra-low power edge AI solutions, given that this is the space that BrainChip were supposed to "own"? Does this partnership indicate that Arm does not yet view neuromorphic computing as commercially mature or strategically necessary? Can you please clarify BrainChip’s position to understand how the Board views evolving opportunities with Arm?


Question 3

There was a comment made by Antonio Viana, (if I'm not mistaken), at the last AGM that if there were no licenses signed by this AGM, then we have a problem? So, clearly we have a problem Why have there been no new licences signed? What exactly is the problem? How serious is it? How can it be overcome and in what time-frame?


Question 4

There was an interview with the ASX Investor in May 2023 when Sean was asked the following question about how soon we can expect the "lumpy" revenue to transition into a more regular cadence:

ASX Investor: Are you hoping to see that cadence in the next 6-12 months? Are we talking 3 years, 5 years? What are you anticipating?

Sean: I would think it's not that far out, but it's not that far in. Some where in between that right now.

Given that was 2 years ago, what is your current view on when regular revenue should be expected?

@Bravo all fair and reasonable questions. I suggest contacting the company with them and maybe also suggest that other questions were most likely not answered either deliberately or because of time frame. Because of the limited time frame they placed on questions, then surely it would be not too much to ask from the company to have a follow up question and answer session to clear up shareholders concerns. Especially the fact the company did promise to be more transparent and keep shareholders informed. Come on Brainchip management, do better.

 

[7für7]

Hang on chippers, looking positive in the longer term. This is the grind, I sincerely wish as do we all that celebrations had commenced, however this is not the case.
Unfortunately we won't be rich tomorrow. But I believe we will all be handsomely rewarded with patience.

Hope so… the Lamborghini dealership is waiting for the money because I thought I will get rich three years ago. Now I have to pay the full price for an old f..in gallardo

 

[Mea culpa]

Not one of my questions was answered through the online message system.




Question 1 - I actually sent this one through 4 times to see if anyone would pick it up

I acknowledge that BrainChip is bound by NDS's; however, there remains a clear and effective way to share meaningful updates with shareholders without breaching confidentiality.

By reporting aggregated, anonymized, and non-identifiable data, BrainChip could easily provide its shareholders with valuable insight into operational progress, commercial engagement, and market traction without compromising client identities or sensitive negotiations.

BrainChip could publish metrics similar to this example which shows:

Total active commercial discussions: e.g. 26 companies currently in the pipeline

(This could then be further broken down into stages such as

• Enquiry / Early discussion: 14
• Proof of Concept (PoC): 6
• Pilot deployment: 3
• Commercial negotiations: 2
• Signed but not publicly disclosed: 1

This level of transparency would not only strengthen shareholder confidence but also allow alignment between performance outcomes and executive remuneration (e.g., bonuses), ensuring a clearer and more justifiable basis for incentive payments.

Can you please confirm whether the Board will consider providing such aggregated engagement metrics in future shareholder communications?


Question 2

What are your thoughts on Arm recently having partnered with Beken (a Chinese company) on ultra-low power edge AI solutions, given that this is the space that BrainChip were supposed to "own"? Does this partnership indicate that Arm does not yet view neuromorphic computing as commercially mature or strategically necessary? Can you please clarify BrainChip’s position to understand how the Board views evolving opportunities with Arm?


Question 3

There was a comment made by Antonio Viana, (if I'm not mistaken), at the last AGM that if there were no licenses signed by this AGM, then we have a problem? So, clearly we have a problem Why have there been no new licences signed? What exactly is the problem? How serious is it? How can it be overcome and in what time-frame?


Question 4

There was an interview with the ASX Investor in May 2023 when Sean was asked the following question about how soon we can expect the "lumpy" revenue to transition into a more regular cadence:

ASX Investor: Are you hoping to see that cadence in the next 6-12 months? Are we talking 3 years, 5 years? What are you anticipating?

Sean: I would think it's not that far out, but it's not that far in. Some where in between that right now.

Given that was 2 years ago, what is your current view on when regular revenue should be expected?

Kim seemed flustered, unsure, maybe out of her depth? The audio system may have contributed.

 

[Cardpro]

Peter's behaviour was terrible in my opinion. He's said publicly he has a reason for not voting for Steve Liebeskind and that he would discuss it after the meeting with the shareholder who was asking the questions about it...

No balls at all. If you are going to say you have a reason publicly, why not have the balls to say what it is PUBLICLY....

At least Steve Liebeskin had the balls to get up on stage, knowing it was a lost cause.

Very disappointed in Peter.

Wasn't that because the person was going crazy fixating on how Peter can say no when Steve helped him build this company and wealth?

I think that part is irrelevant, Peter should only consider current position...

Imo only

 

[jrp173]

Yeah, lost respect with Viana. He knew the Irish shareholder's questions from the beginning about reporting on the ASX and wanted to bullshit about 'ramping' the stock.

Also completely blanking RealInfo's comment about lack of PR.

Game of time for them. Use up as much time as possible to avoid harder questions later on.

Viana just did not want to answer the question that was put to him.......

The Irish shareholder made sense.. you've already released the non price sensitive information via x, linked in etc etc, so why can you not release it through the ASX. Hundreds of other ASX listed companies do it, but BrainChip choose not to...

It's not ramping, it's actually providing updates to shareholders... if BRN don't know the difference between ramping and shareholder updates we have a huge problem...(clearly)... BUT he did say he was going to fix this....

So let's see if he does.. I'm not holding my breath but I hope I am wrong...

 

[Bravo]

The most uplifting thing I got out of all of that was the soundtrack at the beginning and the end.

I'm going to email Tony Dawe and ask who it was, so I can play it at my birthday party.

 

[jrp173]

Wasn't that because the person was going crazy fixating on how Peter can say no when Steve helped him build this company and wealth?

I think that part is irrelevant, Peter should only consider current position...

Imo only

@Cardpro Maybe I'll listen to it again later, but regardless, why say publicly you have reasons, but not share that with everyone.

Why would you tell just one shareholder after the AGM.. because this is where things are misconstrued and misquoted..

IMO, if you say publicly I have a reason , then tell us all (not just one shareholder) (or else don't say anything)...

 

[Slade]

It’s not too late to get a new CEO and Chairman.

 

[Rskiff]

@Cardpro Maybe I'll listen to it again later, but regardless, why say publicly you have reasons, but not share that with everyone.

Why would you tell just one shareholder after the AGM.. because this is where things are misconstrued and misquoted..

IMO, if you say publicly I have a reason , then tell us all (not just one shareholder) (or else don't say anything)...

could be opening himself to a liable suit??

 

[Bravo]

It’s not too late to get a new CEO and Chairman.

I'll throw my hat in the ring for either role.

Will I still be able to apply if I reside in Nimbin in a tee pee?

 

[FJ-215]

It’s not too late to get a new CEO and Chairman.

I thought Sean was OK this time around.

Might have just been in comparision to what was coming out of Antonio's mouth though.

 

[7für7]

Did they say something about the US market move?

Something like “we will hit 20 dollars until then” or something? Just curious holder here… nothing more!

 

[Stockbob]

Did they say something about the US market move?

That it was being investigated and the ASX announcement was to nullify any leaks while active consultations were happening.

 

[Bravo]

Did they say something about the US market move?

Yes, Antonio said they never said it. Then someone showed Antonio the announcement where it was said and then Antonio said they didn't mean going to the US, they meant redomiciling to Europe, Asia or the moon.

When pressed for further details, Antonio said they had to tell the ASX because they were worried someone like Chelsey Manning would leak the information and they didn't want there to be a situation entailing a total freak out of epic proportions.

So instead of waiting for a KGB agent to cleverly disguise themselves as a photocopying machine in order to enter BrainCHip HQ to deceptively obtain this information, they decided to announce it via the ASX, who were stoked to get anything from BRN because they had actually forgotten who BrainChip was on account of the lack of previous ASX announcements.

Then they all went home and had a nice, hot cup of tea and a some ginger snap biscuits.

 

[7für7]

Yes, Antonio said they never said it. Then someone showed Antonio the announcement where it was said and then Antonio said they didn't mean going to the US, they meant redomiciling to Europe, Asia or the moon.

When pressed for further details, Antonio said they had to tell the ASX because they were worried someone like Chelsey Manning would leak the information and they didn't want there to be a situation entailing a total freak out of epic proportions.

So instead of waiting for a KGB agent to cleverly disguise themselves as a photocopying machine in order to enter BrainCHip HQ to deceptively obtain this information, they decided to announce it via the ASX, who were stoked to get anything from BRN because they had actually forgotten who BrainChip was on account of the lack of previous ASX announcements.

Then they all went home and had a nice, hot cup of tea and a some ginger snap biscuits.

WTF are you serious?

 

[Terroni2105]

Big wigs don't listen to shareholders,
Like old mate from last yr saying the same thing no P.R skills, Antonio Favourite word, Noted

I thought it was “I gotcha, I gotcha”

 

[Bloodsy]

Entertainment value highest ever

Board knew they were going into a vipers pit of rusted on holders

But seriously wtf were some of those questions. I felt embarrassed through my phone, can only imagine it in the place.

Antonio stressed at the start of the meeting that it was just an investigation (re-domiciling), i believe the latest quarterly also stated the same.

Suggestions that the company should be advertising on radio and TV in Australia is honestly laughable, the company is scrutinised quarterly on their spending - as if they are going to spend on advertising to the uneducated public. Just so some of the oldies in the crowd get a few extra cents on the share price lmfao

So much grandstanding, im this and im that and i think this - the reason the company hasn't implemented your suggestions is because its 0 VALUE GAIN

The same questions get asked year on year, and you keep getting the same answer, when are you folks going to learn honestly

Shareholders whining about performance of CEO - CEO ties himself to book more than double current annual revenue this year $9,000,000

Whoever asked the question about fortune 500 companies - nice, they actually added that there are 10 engagements with those large multinational, multibillion dollar companies + an additional 20 or so subsidiaries of those companies

Sean said there are several US government submissions happening monthly

Company has more engagements going in the last 5 months than in the entire history of the company

Can the grandstanding self absorbed old fuddy duddies go elsewhere with their REVENUE NOW demands, BHP should suit you nicely lmfao

God speed Antonio, Sean and board.

That should put a few offside - Go BRN

 

[Bravo]

WTF are you serious?

To be honest, I'm not sure I could replicate what I heard with 100% accuracy because I actually slipped into a semi-comatose-like state for large sections of Antonio's response.

My brain sometimes tunes out a bit when it has to try to absorb large amounts of complete bubkus and nonsensical information.

I think I just got completely distracted by the possibility of whether we might end up redomiciling to Guam for example.

I'd probably rate my earlier response at about an 80% accuracy rating.

 

[Slade]

I thought it was “I gotcha, I gotcha”

Gotcha, noted.