Share price movement of Brainchip, discussion, The Good The good and the good only.

[robsmark]

Brutal PA

 

[gilti]

congratulations,
we just hit a 30 month low

 

[Damo4]

congratulations,
we just hit a 30 month low

Haha amost pre-NASA now.

 

[DerAktienDude]

Don't worry guys. According to the majority of this forum, everything is fine.
It's normal to lose about 90% of market cap and everybody who sold is stupid, especially the short sellers.

 

[Damo4]

Don't worry guys. According to the majority of this forum, everything is fine.
It's normal to lose about 90% of market cap and everybody who sold is stupid, especially the short sellers.

.

 

[DerAktienDude]

Delusional

 

[Damo4]

Delusional

Don't worry mate, I've bookmarked your post and will return to have another chuckle on the day of our next IP License sale

 

[DerAktienDude]

You’re aware that we have excessive cash burn, no funding left, two ip agreements that are two and three years ongoing without having sold a single product? We’re at least two years behind our revenue targets and the development cycles require at least two years as well. Have fun celebrating the next ip license.

Don't worry mate, I've bookmarked your post and will return to have another chuckle on the day of our next IP License sale

 

[Mccabe84]

You’re aware that we have excessive cash burn, no funding left, two ip agreements that are two and three years ongoing without having sold a single product? We’re at least two years behind our revenue targets and the development cycles require at least two years as well. Have fun celebrating the next ip license.

Why are you still holding then

 

[robsmark]

You’re aware that we have excessive cash burn, no funding left, two ip agreements that are two and three years ongoing without having sold a single product? We’re at least two years behind our revenue targets and the development cycles require at least two years as well. Have fun celebrating the next ip license.

I have to step in here.

No funding left - This is incorrect. We currently have 8 quarters of operating money in the bank.

Two years behind our targets and development cycles - Please explain this comment. We have no idea where the development cycles are as they are:
1. Behind NDAs; and
2. Not privy to us in the case of Renesas and Megachips.

A vent is a vent, but let’s not spread false information.

 

[DerAktienDude]

Why are you still holding then

Because I’m in the negative by now. We were told that there will be a lot of ip licensing going forward, revenue will outgrow expenses, more early access partners will be revealed and we’re supposed to watch the financials by the end of 2022 latest at the agm 2023.
Out of all these statements nothing eventuated.
When they started to announce some
Of these claims I was doing my bachelors degree. I’ve finished my masters and work full time by now and still none of these claims came to fruition. That’s the actual timeline of things happening at BRN.

 

[DerAktienDude]

I have to step in here.

No funding left - This is incorrect. We currently have 8 quarters of operating money in the bank.

Two years behind our targets and development cycles - Please explain this comment.

1. Might be the language barrier. We have cash reserves but no more funding opportunities except for cap raises.

2. Before significant revenue hits we have to wait at least one more year according to Sean Hehir meaning that we’re approximately two years behind our timeline for revenue coming in

 

[Mccabe84]

Because I’m in the negative by now. We were told that there will be a lot of ip licensing going forward, revenue will outgrow expenses, more early access partners will be revealed and we’re supposed to watch the financials by the end of 2022 latest at the agm 2023.
Out of all these statements nothing eventuated.
When they started to announce some
Of these claims I was doing my bachelors degree. I’ve finished my masters and work full time by now and still none of these claims came to fruition. That’s the actual timeline of things happening at BRN.

Sounds like you could have sold but choose not to..

 

[robsmark]

1. Might be the language barrier. We have cash reserves but no more funding opportunities except for cap raises.

2. Before significant revenue hits we have to wait at least one more year according to Sean Hehir meaning that we’re approximately two years behind our timeline for revenue coming in

We have one more through LDA I believe. Then let’s see what happens with revenue over that period.

Sean is likely not privvy to the progress made by Renesas and Megachips. I suspect they are required to disclose their financial sales figures in order for Brainchip to invoice for IP. As and when is anyone’s guess.

 

[Kachoo]

They'll have to pry them out my dead hands

Yeah no doubt these prices are

We have one more through LDA I believe. Then let’s see what happens with revenue over that period.

Sean is likely not privvy to the progress made by Renesas and Megachips. I suspect they are required to disclose their financial sales figures in order for Brainchip to invoice for IP. As and when is anyone’s guess.

Like Robmark stated we have about 8 quarters of funding 29 million this includes this quarter.

1. Then we have Renesas taping out Akida for a customer that will be revenue.

2. We have Megachips offering Akida on there US website.

3. Quite a lot of other activity going on with Valeo Merc, Arm, and much more I can't remember of the top of my head.

This will Likely result in revenue over the next year which will add additional funding to the 8 quarters so I feel BRN is in a good financial position.

There is sure a lot of miss information on these boards lately on funding and other issues that clearly is just trying to manipulate a person to their agenda.

Let's come back and have a chat inn5 to 6 months and see how BRN is doing.

Not directed at you Rob.

 

[SebThatGermanChap]

Anyone else getting a weird shade of red?

 

[Damo4]

Anyone else getting a weird shade of red?

View attachment 38944

Yeah it's glitched out on Commsec too

 

[robsmark]

Very average. There was no reason to drop today. Clearly we will not turn this ship around without revenue and contracts.

 

[Kachoo]

Very average. There was no reason to drop today. Clearly we will not turn this ship around without revenue and contracts.

The Gap needed to be filled lol

 

[robsmark]

What about the gap at $2? Whets that going to get filled?