Teach22
Regular
Nah mate, I meant 16/8/21.
What happened after that one was the more relevant imo.
The SP was already up and away before the capital call in January last year imo.
BRN Discussion Ongoing
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What happened after that one was the more relevant imo.
The SP was already up and away before the capital call in January last year imo.
Terroni2105
Founding Member
I hope you mean you are bidding those farewell by putting them on ignore and not leaving the rest of us by actually leaving TSE
Baron Von Ricta
Regular
Let's recap a bit....
Revenues from January 2022 to End of June 2022 was $4,831,081 and the Receipts from Customers for the same period was $1,435,000
This leaves a balance of $3,396,000 revenue.
The September 4C was $118,000 receipts from customers.
This means that there is still 3.278M revenue to be paid by customers.
So it has to show up sometime soon in a 4C.
**Revenues are earned when goods are sold or services are provided; at this point, an invoice is issued to the customer for payment, after which the seller receives payment from the customer (the “receipt”). Thus, an additional difference is really just a matter of timing, where the revenue is recorded first, and the receipt is recorded later, when the customer pays.**
PS. I am not an accountant.
Revenues from January 2022 to End of June 2022 was $4,831,081 and the Receipts from Customers for the same period was $1,435,000
This leaves a balance of $3,396,000 revenue.
The September 4C was $118,000 receipts from customers.
This means that there is still 3.278M revenue to be paid by customers.
So it has to show up sometime soon in a 4C.
**Revenues are earned when goods are sold or services are provided; at this point, an invoice is issued to the customer for payment, after which the seller receives payment from the customer (the “receipt”). Thus, an additional difference is really just a matter of timing, where the revenue is recorded first, and the receipt is recorded later, when the customer pays.**
PS. I am not an accountant.
Build-it
Regular
I wonder if Sean will ask anything about this in the Podcast?
OCTOBER 04, 2022
Accenture Collaborates with Mars to Develop “Factory of the Future” Using AI, Cloud, Edge and Digital Twins
NEW YORK; Oct. 4, 2022 – Accenture (NYSE: ACN) is working with Mars, the global leader in confectionary, food, and pet care products and services, to transform and modernize its global manufacturing operations with artificial intelligence (AI), cloud, edge technology and digital twins.
Accenture and Mars have been trialing digital twins for Mars’ manufacturing operations since late 2020. Digital twins are virtual representations of machines, products, or processes. Fed with real-time data, they can predict and optimize production processes and equipment performance, from reliability to quality to energy efficiency. Applied to its manufacturing plants, digital twins will enable Mars to simulate and validate the results of product and factory adjustments before allocating time and resources in the physical space.
The companies tested a digital twin to reduce instances of over-filling packages, a common problem in the food industry. The digital twin gave Mars a bird’s-eye view of the production lines at one of its factories in Illinois. The twin fed sensor data from manufacturing machinery into a predictive analytics model, which allowed factory line operators to monitor events in real-time and adjust the filling process. After the successful test, Accenture and Mars introduced the solution across the U.S. and developed similar solutions for its pet care business in Europe and China.
Under the new agreement, Accenture and Mars will work together to apply digital twin technology and models to the company’s manufacturing facilities globally. This will give Mars factory line operators real-time insights into current and predictive performance. Mars plans to apply them to dozens of use cases over the next three years.
Over the next two years, Accenture and Mars will create a new cloud platform for manufacturing applications, data and artificial intelligence (AI) to lay the foundation for its vision of the “Factory of the Future.” The new platform will provide next-generation robotics, AI and automation capabilities at the edge to make Mars manufacturing operations significantly more efficient and address essential sustainability goals such as water stewardship and reducing waste and total greenhouse gas emissions.
William Beery, vice president, and global CIO at Mars Wrigley said, “Our collaboration with Accenture, combined with our partnership with Microsoft, enables us to scale digital twin technology to reach this goal, delivering not just significant cost savings and sustainability, but preparing our manufacturing operations for the future of work.”
Larry Thomas, a senior managing director at Accenture and client account lead for Mars adds, “Our work with Mars is about using the power of data, cloud and edge computing to modernize factories, boost business agility in response to change, and put power in the hands of Mars Associates so they can make informed decisions faster.”
Accenture brings cloud, engineering, manufacturing, and supply chain capabilities to the project. It also works closely with Microsoft to leverage the Azure platform and Accenture’s proprietary edge accelerators. Earlier this year, Accenture was named Microsoft’s 2022 Manufacturing & Supply Chain Partner of the Year.
Thiago Veiga, senior director of Digital Supply, R&D & Procurement at Mars Inc., said, “We at Mars are constantly looking for innovative and sustainable ways to create value in our end-to-end supply chain, and digital manufacturing is a key priority.”
Simon Osborne, a managing director at Accenture leading its digital twin work with Mars, said, “The problems we’re solving aren’t new; what’s new is how we use advanced technologies to get real-time data into operators’ hands and apply AI to help them make decisions before problems occur. While many companies are beginning to experiment with digital twins, what sets this project apart is the speed and scaling of the technology across Mars’ operations globally.”
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 721,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
About Mars, Incorporated
For more than a century, Mars, Incorporated has been driven by the belief that the world we want tomorrow starts with how we do business today. This common purpose unites our 140,000+ Associates. It is at the center of who we are as a global, family-owned business, and it fuels how we are transforming, innovating, and evolving to make a positive impact on the world.
Every year, our diverse and expanding portfolio of quality confectionery, food, and pet care products and services delight millions of people and supports millions of pets. With almost $45 billion in annual sales, we produce some of the world’s best-loved brands including Ben’s Original™, CESAR®, Cocoavia®, DOVE®, EXTRA®, KIND®, M&M’s®, SNICKERS®, PEDIGREE®, ROYAL CANIN®, and WHISKAS®. We are creating a better world for pets through nutrition, breakthrough programs in diagnostics, wearable health monitoring, DNA testing, pet welfare and comprehensive veterinary care with AniCura, BANFIELD™, BLUEPEARL™, Linnaeus and VCA™.
We know we can only be truly successful if our partners and the communities in which we operate prosper. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire our Associates to act every day to help create a better world tomorrow in which the planet, its people and pets can thrive.
For more information about Mars, please visit www.mars.com. Join us on Facebook, Twitter, Instagram, LinkedIn and YouTube.
Accenture Collaborates with Mars to Develop “Factory of the Future” Using AI, Cloud, Edge and Digital Twins
NEW YORK; Oct. 4, 2022 - Accenture (NYSE: ACN) is working with Mars, the global leader in confectionary, food, and pet care products and services, to transform andnewsroom.accenture.com
Hi Bravo,
Great sleuthing as always.
All the Accenture posts look positive imo.
This is right in our wheelhouse.
Edge Compute.
rgupta
Regular
You are talking pure non sense here. If someone invests just through social platforms I assume they are super rich and lazy people. I do not know why you think you are super intelligent and others ignorant, and why you think my way or no way. Just like one of my friend tweeted cisco was worth 600 billion dollars with a sale of 6 billion and is 200 billion with a sale of 50 billion. We have to invest and deinvest depending upon our understandings and targets. So you cannot blame anyone else for your decisions. It is a social form and no place for investment advise.
Please do you research before blaming someone for the same.
chapman89
Founding Member
I don’t understand the level of some people’s emotions and how when the share price is where it is, some lose sight of the fundamentals.
The company’s fundamentals have never ever been stronger than they are now.
Yes we have had “headwinds” and macroeconomic challenges, inflation, it’s all been negative.
But at a time when companies are laying off 1000’s in the tech industry, Brainchip is trying to aggressively hire all over the world, & look at the quality of people they’ve hired…absolute world class standards, these people such as Nandan and Duy-loan and Chris Stevens have come from very successful companies, mind you Nandan came from a trillion dollar company and was in charge of the successful adoption of Hey Alexa. Do you really think these high caliber recruits are joining a sinking ship? They’ve had a look under the hood and are amazed, look at what they’ve all said when they’ve joined us. Go and have a look at Sean’s LinkedIn and what he’s said about Brainchip, I mean this guy is a Silicon Valley board member??? That’s some big claims to make if it wasn’t going to come true.
Off the top of my head, in the last 12 or so months we’ve had Mercedes, ISL, VVDN, ARM, SiFive, Intel, 3 universities join us, Prophesee, Socionext Renasas VVDN Nviso displaying akida in real world applications for the first time, we’ve got Renasas taping out as we speak “mass volume” and all the other achievements that’s happened despite all that’s happened and happening in the world and some are losing their cool right at the last hurdle????
I just know that if the share price was let’s say $2, would those who are becoming impatient still be saying the same things? I bet absolutely not, but see, what’s wrong with that is, NOTHING has fundamentally changed, it’s STRONGER THAN ITS EVER BEEN.
The share price will catch up to where we all know it should be, but even the most successful companies in the world are facing struggles, so why would Brainchip be immune to it all? I just don’t get it.
Yes people are allowed to vent frustration, vent their opinions no matter how negative or positive it is, but god damn don’t forget the actual facts of what’s in front of us.
The tipping point is Renasas taping out mass volume this year, god damn if you all say you know Brainchip will be successful then buy more shares?!?! Or sell and move on honestly.
Stop making up your own timelines to suit your narrative only to be let down. Focus your energy on the facts.
Renesas will finish taping out sometime end of 2023, so I’m personally winding back my expectations of anything before then, so I’m not disappointed, will we get more licensing deals before? Well who knows, time will tell.
The company’s fundamentals have never ever been stronger than they are now.
Yes we have had “headwinds” and macroeconomic challenges, inflation, it’s all been negative.
But at a time when companies are laying off 1000’s in the tech industry, Brainchip is trying to aggressively hire all over the world, & look at the quality of people they’ve hired…absolute world class standards, these people such as Nandan and Duy-loan and Chris Stevens have come from very successful companies, mind you Nandan came from a trillion dollar company and was in charge of the successful adoption of Hey Alexa. Do you really think these high caliber recruits are joining a sinking ship? They’ve had a look under the hood and are amazed, look at what they’ve all said when they’ve joined us. Go and have a look at Sean’s LinkedIn and what he’s said about Brainchip, I mean this guy is a Silicon Valley board member??? That’s some big claims to make if it wasn’t going to come true.
Off the top of my head, in the last 12 or so months we’ve had Mercedes, ISL, VVDN, ARM, SiFive, Intel, 3 universities join us, Prophesee, Socionext Renasas VVDN Nviso displaying akida in real world applications for the first time, we’ve got Renasas taping out as we speak “mass volume” and all the other achievements that’s happened despite all that’s happened and happening in the world and some are losing their cool right at the last hurdle????
I just know that if the share price was let’s say $2, would those who are becoming impatient still be saying the same things? I bet absolutely not, but see, what’s wrong with that is, NOTHING has fundamentally changed, it’s STRONGER THAN ITS EVER BEEN.
The share price will catch up to where we all know it should be, but even the most successful companies in the world are facing struggles, so why would Brainchip be immune to it all? I just don’t get it.
Yes people are allowed to vent frustration, vent their opinions no matter how negative or positive it is, but god damn don’t forget the actual facts of what’s in front of us.
The tipping point is Renasas taping out mass volume this year, god damn if you all say you know Brainchip will be successful then buy more shares?!?! Or sell and move on honestly.
Stop making up your own timelines to suit your narrative only to be let down. Focus your energy on the facts.
Renesas will finish taping out sometime end of 2023, so I’m personally winding back my expectations of anything before then, so I’m not disappointed, will we get more licensing deals before? Well who knows, time will tell.
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TheUnfairAdvantage
Regular
“This place no longer serves the intended purpose so I bid you and others farewell.”
Whhaaat. Again! You’re leaving this place again! Nooooooo!! Never coming back. Whaaaaat.
Cmon Fact Finder. A little bit of negativity and that’s it. Years of sitting at the screen and someone questions the company performance and that’s it. No. Not having it! Not accepting an alternate? Not accepting a challenge? Not like you at all! However.
We’ve seen it before. This technique used to harness the crowd to support the positive affirmation you decree via empathy and support for the downtrodden. Poor Prince Harry tried it. Hasn’t worked for him.
TSEx will not wither and die whilst Brainchip still needs the crowd to support it. But, when revenue booms, when dividends are paid, when we are all on our Brainchip paid retirement holidays……… Fact Finder, you, me and all TSExers will not be lamenting who is and isn’t posting! Get over it people. Brainchip is destined to succeed, with or without Fact Finder.
Sorry
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Tothemoon24
Top 20
Touchdown! Brilliant
I just tried to read AI Transformers for Dummies - way above my pay grade. I bet Milind Joshi and his team of patent attorneys in Perth are having a ball.
You da man Chap
Totally agree.
Have they got any shares to dump?
Quatrojos
Regular
The Ann says 'on or around 11/1/23'...
Food4 thought
Regular
That's not when the shares are transferred - that's when the price calculation commences:
Love your work, HoppyCRAP!
Stable Genius
Regular
Great post @chapman89
A slight correction: Renesas has already started taping out their product containing Akida.
Renesas is taping out a chip using the spiking neural network (SNN) technology developed by Brainchip.
Learn more about the collaboration between BrainChip and Renesas as they tap out a chip using the Spiking Neural Network (SNN) technology.
brainchip.com
eeNews Europe — Renesas is taping out a chip using the spiking neural network (SNN) technology developed by Brainchip.
Dec 2, 2022 – Nick FlahertyThis is part of a move to boost the leading edge performance of its chips for the Internet of Things, Sailesh Chittipeddi became Executive Vice President and General Manager of IoT and Infrastructure Business Unit at Renesas Electronics and the former CEO of IDT tells eeNews Europe.
This strategy has seen the company develop the first silicon for ARM’s M85 and RISC-V cores, along with new capacity and foundry deals.
“We are very happy to be at the leading edge and now we have made a rapid transition to address our ARM shortfall but we realise the challenges in the marketplace and introduced the RISC-V products to make sure we don’t fall behind in the new architectures,” he said.
“Our next move is to more advanced technology nodes to push the microcontrollers into the gigahertz regime and that’s where the is overlap with microprocessors. The way I look at it is all about the system performance.”
“Now you have accelerators for driving AI with neural processing units rather than a dual core CPU. We are working with a third party taping out a device in December on 22nm CMOS,” said Chittipeddi.
Brainchip and Renesas signed a deal in December 2020 to implement the spiking neural network technology. Tools are vital for this new area. “The partner gives us the training tools that are needed,” he said.
I recall it was going to be available for mass production by the end of this financial year. So a top 5 micro-controller company in the world will be selling a product with Akida inside within the next 6 months. They sell millions and millions of them. I’ll dig about and edit this post if I can find time to look up corroborative evidence.
I‘m not sure why there is this constant need for continuous positive reinforcement by some. Read the information which has been spoon-fed over the last few years. Make an assessment of it’s accuracy and value. Why on earth would all the recent partners previously listed become partners if they didn’t intend to use Akida in their products? If you are satisfied with your knowledge learned then continue to buy more or hold. But please stop the negativity every 5 minutes. At times it’s like listening to drunks argue or children!
I am heavily invested in Brainchip and at the first sign of factual evidence the company is not travelling well I will sell. My opinion is that Brainchip is going extremely well so I will continue to hold. Global conditions are way more concerning than the company’s trajectory. I’d buy more but I’m currently cashed out!
Sam
Nothing changes if nothing changes
Apologies if already posted I don’t get a chance to be too thorough on this forum.
Tony Coles
Regular
Spot on DB, as I tell family and friends anything under a dollar is a blessing, as long as your in and lock away the shares. I was topping up at .98cents and no regret, just happy slowly building up my shares.
Food4 thought
Regular
Some people just can’t handle the unknowns
And have just as much trouble handling the known knows
Which brings me to the feeling that is all around us.
The pressure is intense, there is so much positivity here, things are found out before they happen almost, but it’s not showing in the share price and that’s frustrating people.
It all comes back to the preparation of reading research and having a plan, and having faith in a company that has done everything right. Well in my eyes anyway compared to lots of other stocks I hold.
So I have my plan and it’s 1/2 way through my journey another 2 1/2 years to go, then I will reconsider where or what I do.
How many of you investors have grown fruit trees??
Silly question maybe but think about how they grow
Do they. Give you what you want from day one
Avocados take 7 to 10 years
Other trees 5 years
So give it time let it take root, branch out , flower, and let the fruit grow
Don’t forget the weather have a major effect on your results just like Brainchip
The weather is crap at the moment but I see plenty of buds, and new growth coming on.
JUST GIVE IT TIME TO GROW
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