IMO ..... Accordingly, if Co things don't start falling into place before May 2024 then this will make the next AGM a most interesting one, especially noting the potential of a Strike 2 situation arising.Fair criticisms there McHale
As Diogenese has said, the starting game is the NASDAQ.
I understand the Company's restraint in making unnecessary announcements, with that goal in mind.
But as you have stated and is bleeding obvious, is that the silly errors that keep happening, in the announcements they do make, is a running joke now and goes against their very desire, to portray a good reputable, professional image.
They need to implement some kind of basic checking procedure.
The whole of the World, will see any announcement once submitted, so I see no reason, why any announcements shouldn't be shown to staff first, as many as possible.
It sounds like a joke, but something as simple as offering a meat tray, to the first one who spots any errors.
Let their kids read them and if they find a mistake, they get ice cream.
View attachment 52251
It has sadly gotten to that stage..
Person who makes the mistake, pays for it.
As well as..
"Hey Sean would have just sold some shares and there wasn't an ASX announcement? Does that mean I get a meat tray too?"..
Yes, yes you do
Also, the Company's strategy on announcements and keeping low key, has obviously not helped in stabilising the share price and as @Perhaps has said, it will not go well, if things don't start falling into place this year and additional funds are needed.
The fact that they aren't beating the drum, as much as they could, possibly indicates confidence in where we are going and what's happening, behind the scenes.
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
wilzy123
Founding Member
What is it that you think needs to fall into place before May 2024? What happens in May 2024? Answers that don't use the word 'strike' only please and thanks.
David holland
Regular
Did you attend the 2023 AGM Wilzy 124
DingoBorat
Slim
I'm completely against voting out current management Xray1.
I think overall, they are doing a good job, although It's completely understandable for some to be disgruntled with the share price and a lack of "perceived" progress.
I think we have a Great team and I don't think you realise, what the aftermath of such an event will be.
It is not likely to instill any confidence in customers, who for all we know are going ahead, or ready to go ahead.
I believe it will cause a capitulation in the share price and there is no telling, how the resulting restructure, will affect current share shareholders.
It could very easily get ugly and does nothing, for the signing of IP deals.
Be careful what you wish for..
Taproot
Regular
Cupcake Edge AI Server - Unigen
Unigenās Cupcake Edge AI Server delivers a reliable, high-performance, low-latency, low-power platform for Machine Learning and Inference AI.
unigen.com
Gestalt IT Rundown: Unigen Bakes a Cupcake - Unigen
By Tom Hollingsworth ā Gestalt IT Rundown We were briefed this week by Unigen, a company with over 30 years of experience focused on OEM manufacturing, on a new edge AI server known as Cupcake. This compact edge server might not draw much attention, but it has a few surprises lurking inside...
unigen.com
Fact Finder
Top 20
Hi All
I know some like to rail against the corporate machine but it does seem that the majority of the anger is directed at Sean Hehir CEO.
The FACT of the matter is that he is clearly meeting the benchmarks given to him by the Board of establishing a global ecosystem of partners and sales opportunities supported by an experienced talented global sales and marketing team.
On the technology development side he has clearly accelerated the development timelines with the introduction of the 18 month development cycle for next generation product aligned with partner and customer requirements.
So from the Boardās perspective he is doing what he was employed to do and though some here and elsewhere are critical of the progress made on income growth the sales team has been booking deals such as EDGX/European Space Commission, VVDN EDGE Box, TATA Elxsi, Renesas, Unigen, MegaChips, Teksun, Socionext etc all of which are marketing AKIDA in the real world.
In short the bottom line is that looking from the outside it is difficult to see any basis for the Board to respond to the disgruntled and remove the CEO particularly when in the real world such action would likely lead to a significant payment for wrongful dismissal.
So what do these unhappy holders do. Threaten a second strike. But will this resolve their problem with the CEO.
Alas no because the pesky little CEO is not removed by a second strike it only affects the Directors.
Regardless in a spirit of butting their heads against the brick wall the second strike occurs and the same Directors are once again elected or even new Directors are elected they will still face a situation where the CEO is performant and his removal would be impossible.
To their dismay the disruption caused by the second strike and the 90 days at least of market uncertainty until the election of Directors takes place crushes the share price in an unprecedented fashion and their woes compound.
So what should these poor unhappy shareholders do?
1. They can write anonymous complaints on social media warning the public against investing because of the terrible CEO. This of course would not be a logical thing to do. It would be like advertising your car for sale and putting a sign on it saying donāt buy this car itās a dog. No one would do this.
2. They could write to the company expressing their concerns privately in the hope that by pointing out their great expertise and qualifications in the commercialisation of world first technology the Company will take notice and implement their suggestions. Not an option for those who do not have this expertise of course.
3. They could decide to cut their losses and sell and move on to better performing investments.
4. They could as some investors claim to do put their shares in the bottom draw and forget about them on the basis that they have a belief that eventually the Company will prove to be the investment they hoped.
5. Cannot think of a fifth thing to do other than ignore this post and keep on doing what they are doing. Perhaps create some additional profiles on social media so they can appear to speak for a majority of shareholders. This of course would just further blunt market confidence so probably not a sensible option.
By the way Unigen is promoting yesterdays release on their website:
unigen.com
My opinion only DYOR
Fact Finder
Merry Christmas to all genuine shareholders
I know some like to rail against the corporate machine but it does seem that the majority of the anger is directed at Sean Hehir CEO.
The FACT of the matter is that he is clearly meeting the benchmarks given to him by the Board of establishing a global ecosystem of partners and sales opportunities supported by an experienced talented global sales and marketing team.
On the technology development side he has clearly accelerated the development timelines with the introduction of the 18 month development cycle for next generation product aligned with partner and customer requirements.
So from the Boardās perspective he is doing what he was employed to do and though some here and elsewhere are critical of the progress made on income growth the sales team has been booking deals such as EDGX/European Space Commission, VVDN EDGE Box, TATA Elxsi, Renesas, Unigen, MegaChips, Teksun, Socionext etc all of which are marketing AKIDA in the real world.
In short the bottom line is that looking from the outside it is difficult to see any basis for the Board to respond to the disgruntled and remove the CEO particularly when in the real world such action would likely lead to a significant payment for wrongful dismissal.
So what do these unhappy holders do. Threaten a second strike. But will this resolve their problem with the CEO.
Alas no because the pesky little CEO is not removed by a second strike it only affects the Directors.
Regardless in a spirit of butting their heads against the brick wall the second strike occurs and the same Directors are once again elected or even new Directors are elected they will still face a situation where the CEO is performant and his removal would be impossible.
To their dismay the disruption caused by the second strike and the 90 days at least of market uncertainty until the election of Directors takes place crushes the share price in an unprecedented fashion and their woes compound.
So what should these poor unhappy shareholders do?
1. They can write anonymous complaints on social media warning the public against investing because of the terrible CEO. This of course would not be a logical thing to do. It would be like advertising your car for sale and putting a sign on it saying donāt buy this car itās a dog. No one would do this.
2. They could write to the company expressing their concerns privately in the hope that by pointing out their great expertise and qualifications in the commercialisation of world first technology the Company will take notice and implement their suggestions. Not an option for those who do not have this expertise of course.
3. They could decide to cut their losses and sell and move on to better performing investments.
4. They could as some investors claim to do put their shares in the bottom draw and forget about them on the basis that they have a belief that eventually the Company will prove to be the investment they hoped.
5. Cannot think of a fifth thing to do other than ignore this post and keep on doing what they are doing. Perhaps create some additional profiles on social media so they can appear to speak for a majority of shareholders. This of course would just further blunt market confidence so probably not a sensible option.
By the way Unigen is promoting yesterdays release on their website:
BrainChip and Unigen Partner to Deliver Powerful, Energy-Efficient Edge AI Server - Unigen
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the worldās first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Unigen Corporation, a global leader in the design and manufacturing of enterprise and industrial electronics, today announced...
unigen.com
My opinion only DYOR
Fact Finder
Merry Christmas to all genuine shareholders
Last edited:
Space Cadet
Regular
Could not agree more. IMO, if we were to have that happen, I would be kissing my investment goodbye and working until I'm 80.
That would be a disaster in my opinion. Shorter's may love it. Investers won't. Don't believe it will happen. It's like cutting your nose off to spite your face. Only one person's opinion but pretty sure I'm right.
SC
buena suerte :-)
BOB Bank of Brainchip
Totally agree with all of the above DB ......
Voting for a second 'strike' would be an absolute disaster!!!!!
Everyone will just have to kirb their frustrations/emotions for just that 'little bit longer' and good news is very close IMO!!
AGM still 5 months away!!!! A heap of positives can happen between now and then....Hold tight Chippers
Remember it's your hard earned $$$$$$$$$ that will take the knock out punch if that '2nd strike' happens!!!
Cheers
Last edited:
Space Cadet
Regular
Or what FF said. Says so much better than me. I'm a bit more blunt, and straight to the point.
SC
Schnitzel lover
Regular
A reoccurring trend with mistakes in ASX announcements are a bad look.
Certainly shows that management are sloppy, with BODās having to sign off on such things before release.
Otherwise, IP deals & earnings are all that matters..
The rest is just noise.
Certainly shows that management are sloppy, with BODās having to sign off on such things before release.
Otherwise, IP deals & earnings are all that matters..
The rest is just noise.
Yoda
Regular
Yes, I totally agree. Voting them out without a clear plan of who is replacing them will most likely cause far more harm than good (and for the record, I'm not in favour of voting them out at all).
Yoda
Regular
They just need a new Company Secretarial Service. I agree the mistakes are far too frequent but at the end of the day this is easily fixed.
Worker122
Regular
Merry Christmas to you and your Family FF, thank you for your input over the past yrs. May 2024 be the yr we all are waiting for. Take care.Hi All
I know some like to rail against the corporate machine but it does seem that the majority of the anger is directed at Sean Hehir CEO.
The FACT of the matter is that he is clearly meeting the benchmarks given to him by the Board of establishing a global ecosystem of partners and sales opportunities supported by an experienced talented global sales and marketing team.
On the technology development side he has clearly accelerated the development timelines with the introduction of the 18 month development cycle for next generation product aligned with partner and customer requirements.
So from the Boardās perspective he is doing what he was employed to do and though some here and elsewhere are critical of the progress made on income growth the sales team has been booking deals such as EDGX/European Space Commission, VVDN EDGE Box, TATA Elxsi, Renesas, Unigen, MegaChips, Teksun, Socionext etc all of which are marketing AKIDA in the real world.
In short the bottom line is that looking from the outside it is difficult to see any basis for the Board to respond to the disgruntled and remove the CEO particularly when in the real world such action would likely lead to a significant payment for wrongful dismissal.
So what do these unhappy holders do. Threaten a second strike. But will this resolve their problem with the CEO.
Alas no because the pesky little CEO is not removed by a second strike it only affects the Directors.
Regardless in a spirit of butting their heads against the brick wall the second strike occurs and the same Directors are once again elected or even new Directors are elected they will still face a situation where the CEO is performant and his removal would be impossible.
To their dismay the disruption caused by the second strike and the 90 days at least of market uncertainty until the election of Directors takes place crushes the share price in an unprecedented fashion and their woes compound.
So what should these poor unhappy shareholders do?
1. They can write anonymous complaints on social media warning the public against investing because of the terrible CEO. This of course would not be a logical thing to do. It would be like advertising your car for sale and putting a sign on it saying donāt buy this car itās a dog. No one would do this.
2. They could write to the company expressing their concerns privately in the hope that by pointing out their great expertise and qualifications in the commercialisation of world first technology the Company will take notice and implement their suggestions. Not an option for those who do not have this expertise of course.
3. They could decide to cut their losses and sell and move on to better performing investments.
4. They could as some investors claim to do put their shares in the bottom draw and forget about them on the basis that they have a belief that eventually the Company will prove to be the investment they hoped.
5. Cannot think of a fifth thing to do other than ignore this post and keep on doing what they are doing. Perhaps create some additional profiles on social media so they can appear to speak for a majority of shareholders. This of course would just further blunt market confidence so probably not a sensible option.
By the way Unigen is promoting yesterdays release on their website:
BrainChip and Unigen Partner to Deliver Powerful, Energy-Efficient Edge AI Server - Unigen
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the worldās first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Unigen Corporation, a global leader in the design and manufacturing of enterprise and industrial electronics, today announced...
My opinion only DYOR
Fact Finder
Merry Christmas to all genuine shareholders
OK. Replies to this/my post have tempered my enthusiasm e.g." it will take time to earn revenue, only a revenue announcement will up the SP." Digging deeper I realised the "thing" was introduced by Unigen on SEPTEMBER 19, 2023 and yesterday's announcement is about a vastly improved one with Akida in it. It will be more energy-efficient etc and since Akidas are only ~$20, it could be that the vast majority of Cupcakes will be this version.
It would be useful to know Unigen's revenue from Cupcakes since September. Anyone?
Morning MADX ,
Prices vary .
Regards ,
Esq.
Prices vary .
Regards ,
Esq.
Featured snippet from the web
PRICE IS PER DOZEN WE ARE A BAKE TO ORDER BUSINESS - ORDERS MUST BE BY THE DOZEN PER FLAVOUR.| Flavour | Mini Size | Standard Size |
|---|---|---|
| Fancy Flavours | $32 ($2.67 each) | $50 ($4.17 each) |
| Gluten Free | $35 ($2.92 each) | $55 ($4.58 each) |
| Vegan | $35 ($2.92 each) | $55 ($4.58 each) |
| Gluten Free + Vegan | $40 ($3.33 each) | $60 ($5.00 each) |
Itās always easier for some people to blame a company. I made the experience, that some people are just waiting for issues like this. Just to feel more āconfirmedā (is this correct?) about their past postings. Just my personal thoughts
Dr E Brown
Regular
I'm sure you will have seen this recently arrived mail. It's almost as if we have a new, energized CMO and Sales chief, chomping at the bit with positivity about the future of Akida.
Getupthere
Regular
| ||||
|
wilzy123
Founding Member
You'd have to seriously worry about the mental health of someone going to these lengths.
Thank you FF, when you put it like that it would be stupid to vote for a second strike.Hi All
I know some like to rail against the corporate machine but it does seem that the majority of the anger is directed at Sean Hehir CEO.
The FACT of the matter is that he is clearly meeting the benchmarks given to him by the Board of establishing a global ecosystem of partners and sales opportunities supported by an experienced talented global sales and marketing team.
On the technology development side he has clearly accelerated the development timelines with the introduction of the 18 month development cycle for next generation product aligned with partner and customer requirements.
So from the Boardās perspective he is doing what he was employed to do and though some here and elsewhere are critical of the progress made on income growth the sales team has been booking deals such as EDGX/European Space Commission, VVDN EDGE Box, TATA Elxsi, Renesas, Unigen, MegaChips, Teksun, Socionext etc all of which are marketing AKIDA in the real world.
In short the bottom line is that looking from the outside it is difficult to see any basis for the Board to respond to the disgruntled and remove the CEO particularly when in the real world such action would likely lead to a significant payment for wrongful dismissal.
So what do these unhappy holders do. Threaten a second strike. But will this resolve their problem with the CEO.
Alas no because the pesky little CEO is not removed by a second strike it only affects the Directors.
Regardless in a spirit of butting their heads against the brick wall the second strike occurs and the same Directors are once again elected or even new Directors are elected they will still face a situation where the CEO is performant and his removal would be impossible.
To their dismay the disruption caused by the second strike and the 90 days at least of market uncertainty until the election of Directors takes place crushes the share price in an unprecedented fashion and their woes compound.
So what should these poor unhappy shareholders do?
1. They can write anonymous complaints on social media warning the public against investing because of the terrible CEO. This of course would not be a logical thing to do. It would be like advertising your car for sale and putting a sign on it saying donāt buy this car itās a dog. No one would do this.
2. They could write to the company expressing their concerns privately in the hope that by pointing out their great expertise and qualifications in the commercialisation of world first technology the Company will take notice and implement their suggestions. Not an option for those who do not have this expertise of course.
3. They could decide to cut their losses and sell and move on to better performing investments.
4. They could as some investors claim to do put their shares in the bottom draw and forget about them on the basis that they have a belief that eventually the Company will prove to be the investment they hoped.
5. Cannot think of a fifth thing to do other than ignore this post and keep on doing what they are doing. Perhaps create some additional profiles on social media so they can appear to speak for a majority of shareholders. This of course would just further blunt market confidence so probably not a sensible option.
By the way Unigen is promoting yesterdays release on their website:
BrainChip and Unigen Partner to Deliver Powerful, Energy-Efficient Edge AI Server - Unigen
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the worldās first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Unigen Corporation, a global leader in the design and manufacturing of enterprise and industrial electronics, today announced...
My opinion only DYOR
Fact Finder
Merry Christmas to all genuine shareholders
From what I see, the staff at BrainChip are working hard and have put a lot in place to ensure success.
I believe 2024 will be a great year for BRN shareholders.
We have waited a long time and had to endure the WANCAs and Manipulators. They are so afraid that BrainChip will be successful that they continue with their daily rants (very sad souls).
I bet they are dreading CES2024, which is only three weeks away!!!
Despite their efforts, there is nothing they can do to stop Akidamania.
To all of BrainChipās genuine shareholders, stay strong and good luck. I hope to celebrate with many of you at the next AGM.
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