BRN Discussion Ongoing

[Schnitzel lover]

I forget who to credit here (@mkm109 maybe?), but this is updated and posted fairly often

Let me remind people of the IP cycle.

• IP Deal Cycle
• customer engagement, NDA, discussions - 3 months
• customer evaluations - 6-9 months
• customer negotiations - 3 months
• customer chip design - 12 months
• foundry and packaging - 3 months
• customer characterization/eval - 6

months

- customers customer design cycle -

12months

- final end product market ramp. - 6-12

months

IP deal- within 3months of current two IP announced deals sp rises over 100% or 200-300% in Megachips case.

So even with the design and engagement cycle in mind being 3-4 years or not at all, these new IP deals are still critical in the scheme of things from an investors point of view.

 

[DingoBorat]

Some may remember, that last week I predicted around a 30 cent share price by today.

Those that know me will tell you my predictions are always 100%!

So I'm expecting a sharp reversal, in this last half hour of trade..

 

[Cartagena]

I used to think that too, but I’m not so sure anymore.

I don’t think funds have the patience to learn to understand companies anymore, so that future potential is never identified. Instead they just all apply the same methodology on a company by pumping it, then shorting it hard in an effort to remove as much money from retail as physically possible. They all do this and it becomes a self fulfilling prophecy. It’s lazy but it works.

Let retail plant the seed, then water it aggressively and apply light, as soon as it shoots, harvest it prematurely, ripping out the roots in the process.

Take BRN, all the potential in the world:

- huge future market reach;
- actual product;
- industry validation;
- and a share price lower than it was before they even had a product.

Funds have done this. They aggressively raised the price off the back of Mercedes, and have aggressively lowered us back down again. Using as many dirty tactics along the way as possible.

Markets are no longer a sophisticated investment mechanist to fund future industry. They’re a shit show full of manipulation aided by shorting.

Market fairness no longer exists.

Yep someone needs to be convicted for this. Lock em away. Dirty, evil scoundrels, and I cant think of a worse word. Shareholders still have a strong voice if we choose to use it. Class action anyone??

 

[DK6161]

Some may remember, that last week I predicted around a 30 cent share price by today.

Those that know me will tell you my predictions are always 100%!

So I'm expecting a sharp reversal, in this last half hour of trade..

it's all funny until you look at the $ dollar value of our paper loss .
Should've put wife's money on our mortgage instead .
Oh well here's to some more (or lack of) announcements next week!
Drink time can't come soon enough!!!

 

[Iseki]

Let me remind people of the IP cycle.

• IP Deal Cycle
• customer engagement, NDA, discussions - 3 months
• customer evaluations - 6-9 months
• customer negotiations - 3 months
• customer chip design - 12 months
• foundry and packaging - 3 months
• customer characterization/eval - 6

months

- customers customer design cycle -

12months

- final end product market ramp. - 6-12

months

But it works both ways.
Why would an OEM risk 18-24 months development time on us? Wouldn't they think - let's work with NVIDIA now, and see what NVIDIA come up with in 18 months?
Where is the sweetener to get them to put in the 24 months cycle? And to abandon NVIDIA and swap to us?
We've seen what NVIDIA are doing - they are taking half the revenue of the final product in some cases and because of that, I would only guess that NVIDIA are helping the OEM's along the way, even with finance.

So the question is What can we do to interrupt this? We can't wait 18 months on our current rate of spending, for an OEM to hit the jackpot with our product inside.

So we need to hear what the plan is from the CEO.

 

[Cirat]

IP deal- within 3months of current two IP announced deals sp rises over 100% or 200-300% in Megachips case.

So even with the design and engagement cycle in mind being 3-4 years or not at all, these new IP deals are still critical in the scheme of things from an investors point of view.

The IP Licence Deals will generate 7 figure $sums on each signing, if my memory serves me well as mentioned by Brainchip. So given our burn rate and time to royalties with each signing there needs to be a continuous stream of signing starting as soon as possible.
Unfortunately it's up to our various clients as to when and the exact $ depend on the size.
We have established a world class ecosystem of partners so let's see what will unfold or will we need to negotiate with LDA again in a couple of quarters?
As Sean said in the ASX Akida 2 new release “With Akida’s 2nd generation in advanced engagements with target customers, and MetaTF enabling early evaluation for a broader market, we are excited to accelerate the market towards the promise of Edge AI”.

GLTA

This is Not financial advice

 

[Diogenese]

I've been curious regarding the Joint Development Agreement (JDA) with Valeo, and I found this write-up particularly informative, especially for its use of IP rights in the example case.

https://www.google.com.au/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwi_tcixu-CBAxUURN4KHbYrCAkQFnoECAkQAw&url=https://www.jdsupra.com/post/fileServer.aspx?fName=4e720095-b240-41f8-8d21-f517c09768d1.pdf&usg=AOvVaw1hEFchSOBd7lwRLLPeIoZi&opi=89978449

In the licensing section according to this article, it seems that at some point in the future, Valeo would need to transition from utilising our IP under the JDA to entering a commercial license. The terms of the license may have already been agreed upon at the time the JDA was established. Considering that SCALA 3 is slated to be integrated into vehicles by 2024, it appears that this transition may not be too far off. Valeo would likely need to commence production of SCALA system components, including chipsets, in the near future to meet that timeline?

I understand that the above assumes we are in SCALA 3 (don't dot join etc ... etc). However, with a billion Euros in SCALA 3 pre-sales, this represents our fastest path to revenue based on royalties and would reverse our SP decline more than any other IP deal in my opinion.

Seriously good question.

Often a JD is about developing a specific product.

The JD agreement will make provision for the distribution of sales revenue on the basis of the contribution of the parties, so the methodology for assessing each party's contribution is critical.

However, it would not be usual for the JD to make provision for the income split to move from revenue share to royalty as long as the specific product is still commercially available.

That's not to say that the parties could not make some agreement for such a provision, eg, when X quantity of the product has been sold, but it would be "different". Afte all, in this technology, a new product will be out in a couple of years, in which case, does the JD allow an extension to cover the new product?

 

[Diogenese]

It's my fault B. Every time I have a Buy order filled the SP drops further! And now I'm miffed as I don't have any dough left to subscribe to your OnlyFans account.

Hi mea culpa,

We already knew it was your fault.

 

[Damo4]

But it works both ways.
Why would an OEM risk 18-24 months development time on us? Wouldn't they think - let's work with NVIDIA now, and see what NVIDIA come up with in 18 months?
Where is the sweetener to get them to put in the 24 months cycle? And to abandon NVIDIA and swap to us?
We've seen what NVIDIA are doing - they are taking half the revenue of the final product in some cases and because of that, I would only guess that NVIDIA are helping the OEM's along the way, even with finance.

So the question is What can we do to interrupt this? We can't wait 18 months on our current rate of spending, for an OEM to hit the jackpot with our product inside.

So we need to hear what the plan is from the CEO.

Explained already the significance, plus I would assume as in investor you already know, but Chapman has provided Edge Impulses opinions on this.
I for one would place more weight on Edge Impulse than your doubts.

This is Investor Relations explanation of this slide.
Now can everybody just hold their horses and understand that we are all going to be rich and it just takes time and that it’s not up to Brainchip when, but up to the ecosystem!
It’s obviously just a matter of when, and not if!

and as I’ve said before many times, people need to remove their emotions to the side.
This is HUGE and we are only talking about edge impulses ecosystem.
Edge impulse have over 318,000 projects going on fyi.


“In short you understood the slide well.

1. At this point in Zach’s presentation he was highlighting the relationship between Edge Impulse and Nvidia.
2. Introducing Nvidia design environment will now be supported on the Edge Impulse platform (This is a huge move)
3. The companies represented on the slide are Edge Impulse partners and will now be able to work with the Nvidia environment using Edge Impulse as a deployment tool. (Customer uses Nvidia model, takes the model to Edge Impulse and now can deploy that model on one of Edge Impulse partner platforms, including BrainChip).
4. Arm and BrainChip are the two companies that are IP providers
5. This is really good news for BrainChip because a majority of all AI applications are run on Nvidia silicon. Once companies start to push the limits with their current Nvidia solution (need to lower power consumption, need for more efficient performance) they will want to consolidate more technology into their next generation silicon. This is what we want! Once they consolidate they need AI as IP (Nvidia doesn’t offer IP). So now this company has an Nvidia based model and they need it to work with an AI accelerator which is IP so they can design it into their silicon (this means Arm, BrainChip, a few others for IP). Only Arm and BrainChip will support the deployment of an Nvidia model through our partnership with Edge Impulse. Now we take that model, demonstrate lower power and better efficiency than an Arm offering and we are in a good position to win.
6. Hopefully this makes sense”

 

[IloveLamp]

Although the topic of this post "like" from Rob Telson could be interpreted as disconnected from BRNs professional road, RT has interacted with several OneSemi posts over the past 24 months including one involving APPLE

 

[miaeffect]

Sean??? Sean???

It's too fast

 

[Proga]

As I said before, the market bets on the Future not the Present.

The stock is being controlled by the shorters who bet on the short term revenue outlook. Unfortunately it isn't the only stock I own being controlled by shorters. They won't stop until an announcement saying a revenue stream is about to start.

l think our best bet in the next 5 months is from Mercedes when they start producing their 2024 models containing their new MBUX system based on the EQXX. I'm hoping it will also be in the lidar and drive train. From what Jesse has been saying and a few comments posted online lately from a merc tech, it looks to be in the MBUX at least. The models using the new MBUX also have the full blown MB.OS system for the first time. Some previous models have been using a limited version.

With all that in mind, I've bought an additional 90k share in the last week. 39k 20 minutes ago.

 

[TECH]

Please don't be totally deceived, our company/ your company is moving forward I can 100% guarantee that as a fact.

What hasn't been delivered to date ?

Brilliant World-Class Technology

AKD I

AKD II

MetaTF 1.0

MetaTF 2.0

A modernized website that's continually being updated

Top class staff with the highest integrity

Announcements that conform to the ASX listing rules

An ever growing list of high quality partners who are 100% aware of what Brainchip's IP is worth to THEM

I/we could go on and on.

If you think someone has an agenda, you would be right, our share price is under attack, I have my own views on the matter, but
I will choose to reserve my opinion at this time.

P.S. just for a minute, imagine you owned around 160 million shares, top value approximately $374 Million AUD....current value approximately
$24 Million AUD that's a slight decrease in value by a mere $350 Million AUD.

IMAGINE THROWING IN THE TOWEL BECAUSE IT ALL GOT JUST TOO HARD !!!!!

Have a great afternoon, and be grateful to be alive, our journey is far from over, good will always win over evil

Regards....Tech.

 

[Iseki]

Please don't be totally deceived, our company/ your company is moving forward I can 100% guarantee that as a fact.

What hasn't been delivered to date ?

Brilliant World-Class Technology

AKD I

AKD II

MetaTF 1.0

MetaTF 2.0

A modernized website that's continually being updated

Top class staff with the highest integrity

Announcements that conform to the ASX listing rules

An ever growing list of high quality partners who are 100% aware of what Brainchip's IP is worth to THEM

I/we could go on and on.

If you think someone has an agenda, you would be right, our share price is under attack, I have my own views on the matter, but
I will choose to reserve my opinion at this time.

P.S. just for a minute, imagine you owned around 160 million shares, top value approximately $374 Million AUD....current value approximately
$24 Million AUD that's a slight decrease in value by a mere $350 Million AUD.

IMAGINE THROWING IN THE TOWEL BECAUSE IT ALL GOT JUST TOO HARD !!!!!

Have a great afternoon, and be grateful to be alive, our journey is far from over, good will always win over evil

Regards....Tech.

What hasn't been delivered to date ?
Any sign that any company outside BRN has produced a chip containing Akida.

 

[Dhm]

Yep someone needs to be convicted for this. Lock em away. Dirty, evil scoundrels, and I cant think of a worse word. Shareholders still have a strong voice if we choose to use it. Class action anyone??

I know your comment is somewhat in jest, yet we all feel somewhat cheated/angry/duped/pissed off but this is where we distract ourselves or (if able) buy more shares. I certainly will yet I need confirmation of a trend change. As I believe I have said before, I would rather buy at 40 cents with upward trajectory confirmed than to catch a 'bargain' at current levels. As @chapman89 has generously shared a number of times, there is PROOF that we are, and will continue to be disruptive and the future of Edge computing, cloud free. Just a small reminder....

Ignore my attempt at humour, just look at Brainchip's name on the same slide as NVIDIAs, and many other great AI and IP names. And this slide wasn't produced by Brainchip. This alone is compelling validity. What about TATA Elxsi and @Quiltman s summary on the TATA thread.

The list of confirmed partners and clients truely goes on and on. This isn't hype, this is the start of a disruptive era, and we have the opportunity to be part of it. Don't blow that opportunity.

 

[Proga]

Daily shorts. Doesn't include what they bought back ie the aggregate which shortman shows

Latest Reported Shorts (Daily)​

DATE	REPORTED SHORT	ISSUED SHARES	% SHORT
5 October 2023	705,918	1,775,058,145	0.04%
4 October 2023	352,572	1,775,058,145	0.02%
3 October 2023	449,689	1,775,058,145	0.02%
2 October 2023	274	1,775,058,145	0.00%
29 September 2023	1,838,317	1,775,058,145	0.10%
28 September 2023	1,382,498	1,775,058,145	0.07%
27 September 2023	3,692,548	1,775,058,145	0.20%

 

[Draed]

Watching where the buy sell side meet, and keeping in mind there is an ever increasing institutional hold of this company. It is obvious (to me at least) that the price of this stock is totally at the whim of these institutions. They are setting the price, with large buy and sell walls, with a weak price in the middle. They then dump suddenly to cause panic and trigger stop loses. Using sophisticated algorithms they can buy, sell, short sell to themselves.

They will continue to do so until evidence that of fundamental profitability of the business becomes public knowledge. This could be in the form of new contracts being signed or revenue from royalties in the quarterlies. Or, a bit left field, a new / strong endorsement from a large corporation (aka Mercedes)

They prey on the large amount of retail investors with comparatively small holdings to their own. Those who might need their capital in this environment of rising interest rates and cost of living. They can wait us out.

Trust me or don't, it doesn't matter, but a larger corporation(s) sees our tech as a threat and would like to have bought us out (purely for the rights to the patents).

It's been stated by brainchips that the company would not entertain this idea, and possibly haven't been open to an offer in the past.

Therefore, another cost effective option from a nefarious player, would be to force the hand of the company by aggressively impacting the share price. Disrupting confidence in management and effectively blackmailing them, coming into a second strike scenario next year. All, whilst making money on shorting the stock as well.

It's been a perfect shit storm, of recent weeks. But I haven't sold any stock as in my opinion, when news hits (which it will), there will be a very large gap upwards, that might not ever be filled again.

AI tech like this is inevitable. But fundamentally neuromophic AI moves away from traditional AI that is largely predictable and operates on human training models. Allowing AI to train itself, is cost and compute efficient, but adds a large layer of risk (think self driving cars), that needs more time to work through.

I will be sitting back, trying not to watch the stock price for the rest of the year. But, have set my notifications for market sensitive announcement.

My tea leaf predictions for remainder of year are:
1) ongoing memorandums of understandings from various companies. No impact on share price.
2) TATA signing contract. Big spike in share price but will settle back, based on lead time for royalties.
3) increasing revenues in next quarter from royalties of akida 1000/1500. Not overwhelming, but solid.
4) Big left field endorsement from leading tech company. Out of blue and catapulting our share price on open of market that morning.

This is all just my musing and I'm not a professional investor. Dyor

 

[GazDix]

Here is a trip down memory lane of our SP at 15 cents.

2011, 30th December. Excitement dies down after Brainchip IPOed 10th Novemeber 2011 at 20 cents.

2018, 13th April, Brainchip Studio is released.

2020, 25th July, 2 weeks ago, Akida 1000 wafer fabrication was completed.


Finding out these facts I avoided using my hotlinks and typed some search terms into Google. It seems many have asked 'Why Brainchip shares are falling'? I don't think intos are asking this question and panicking.

Also after looking at the the SOI and who holds them in the past, I think institutions are not really worried about prying the shares of us cowboys/cowgirls. Never forget we are indirectly responsible for recommending BRN to others and not directly responsible (I hope!). It was their decision to buy, I have informed mates I have recommended BRN to what is going on and it is up to them to do what they want with their money... the missus on the other hand... Different headache.
Point being, the market markers are attacking the sophisticated investors (Sophs) or smaller funds who are investing for their clients. Unlike us, they are impacted much more than us seeing they are directly responsible with the money from their clients. So they are easy to brush off with the strangling of the share price. This is the game and how it works.

Unfortunately, this does not create a fair market seeing those with the resources to use bots, short and play ping pong with shares to get it lower have larger resources than us and Sophs. I got angry on this forum previously and the penny dropped then when we had good news that this stinks to high heaven. I also decided to feel disengaged to the SP (when it was 40 cents or so) and will buy when it is at a discount. This discount is pretty absurd. The worst case scenario that I can see is that all this bad SP action is followed up with bad news. That will be very disheartening as it proves that someone is at an advantage here. But in my experience, the harder the pummeling, the greater the rise when we have holders that won't sell on news that Brainchip's Wikipedia page has revenue of -98% year on year and sell based on that. A hard fall does get rid of bag holders at a higher price and I am sure many LTHs here (like me) will hold even after it zooms past my average buy in again.

Good luck and stay healthy all. Cheers,

 

[Adam]

LOL. Read it right to left like the Japanese then!!!

Or..Hebrew

 

[jk6199]

I used to think that too, but I’m not so sure anymore.

I don’t think funds have the patience to learn to understand companies anymore, so that future potential is never identified. Instead they just all apply the same methodology on a company by pumping it, then shorting it hard in an effort to remove as much money from retail as physically possible. They all do this and it becomes a self fulfilling prophecy. It’s lazy but it works.

Let retail plant the seed, then water it aggressively and apply light, as soon as it shoots, harvest it prematurely, ripping out the roots in the process.

Take BRN, all the potential in the world:

- huge future market reach;
- actual product;
- industry validation;
- and a share price lower than it was before they even had a product.

Funds have done this. They aggressively raised the price off the back of Mercedes, and have aggressively lowered us back down again. Using as many dirty tactics along the way as possible.

Markets are no longer a sophisticated investment mechanist to fund future industry. They’re a shit show full of manipulation aided by shorting.

Market fairness no longer exists.