BRN Discussion Ongoing

[zeeb0t]

But since when did "whinge" become a profanity? Also I happen to really like pork chops!

Plus who doesn't think "Whoops, forgive me, I must have missed the memo that told us this forum is actually the BrainChip complaints department" was funny?

Take it to message mate. No more derailing BRN, we’ve given it enough airtime here. But simply, your peers didn’t agree. What can I say?

 

[JDelekto]

I didnt receive anything so i logined on Boardroom and i can vote from there. If you haven't registered with them then they will send an activation mail to your address.

I did try going there, and used the correct country, what I appear to be missing the Voter Access Code (VAC):

I am not sure where to get this? Is this issued by the company?

 

[Schnitzel lover]

Well I just completed the on-line voting for the AGM, and surprised myself. I am a huge fan of PVdM and AM and what they have done to bring their vision to reality. So I voted for PVdM's performance rights. What he has achieved is tangible and visible.

As for the other performance rights and restricted stock units, I voted against them all. Why I hear you ask? Don't we need to issue these to preserve cash and still attract top quality people? My answer is a definite yes, with the BIG qualification that I need to have visibility of what the KPI's are so I can understand the value that the recipients have brought and are being rewarded for.

I was a senior exec in the IT industry for many years (Asia Pac MD of a Silicon Valley based software company) and am very conversant with, and a big supporter of, incentive schemes. However, the lack of information and transparency on display here means that I cannot, in all good conscience, vote for something I don't understand. NDA's and so forth notwithstanding, the directors will need to do much better at allowing me to understand the proposals before they get my vote.

My opinion only and DYOR before making up your mind.

Arent they 2026 vesting?

Makes it harder to vote in that regard with what may transpire the 3years in between..

I decided to vote in favour as I think if 3 years passes I’m happy to give the benefit of the doubt until then..

 

[Onboard21]

I did try going there, and used the correct country, what I appear to be missing the Voter Access Code (VAC):

View attachment 34740
I am not sure where to get this? Is this issued by the company?

yes, I received mine in an email

 

[Diogenese]

Take it to message mate. No more derailing BRN, we’ve given it enough airtime here. But simply, your peers didn’t agree. What can I say?

You could say "A minority of your peers don't agree."

 

[Schnitzel lover]

I have noticed that several other people have mentioned voting before the AGM. As an investor in the US, I hold shares of the BCHPY ADR (a very insignificant amount) and OTC-traded BRCHF in my Fidelity Investment accounts. I assume that for my holding of BRCHF, I should be allowed to vote.

While I get the occasional marketing e-mails from BrainChip and Rob Telson, I have not received anything about the information I need to be able to log in and vote online. Additionally, there are no proxy materials provided from my Fidelity account.

While I have sent an e-mail to Tony Dawe to inquire about this, can anyone think of a reason that would exclude me from voting? Is it because I am an overseas retail investor? Could it be that the number of shares I hold is not enough to reach a certain threshold? Maybe there is information that BrainChip needs to provide to Fidelity?

I understand that I have no voting rights for the BCHPY ADRs because the actual shares are owned by the bank that issues them, but I believe that with BRCHF, I own the share.

You'll have to excuse my ignorance on this one. I've never voted for any of my investments in the past, mainly because I've never really owned a single stock, only mutual funds.

Yes I think it’s an ASX thing.. Eg when they release Announcements they say not for distribution in other countries.. I assume it’s the same for voting rights at the AGM..

It’s probably to do with where your shares are held. If they are not directly held via the ASX then you don’t have any voting rights until or unless the listing changes to a dual listing (Nasdaq).

AIMO I think that’s what is occurring here

 

[zeeb0t]

You could say "A minority of your peers don't agree."

Well, a civil jury consists of 4 in NSW. So, this is one above that.

 

[Diogenese]

Well, a civil jury consists of 4 in NSW. So, this is one above that.

But they are the complainants.

 

[JDelekto]

yes, I received mine in an email

This is probably part of the issue. I've not received any e-mail from either Fidelity or BrainChip. As I noted, I am receiving marketing e-mails from BrainChip and Rob Telson, but this apparently would not be the list they send to the actual investors.

I am guessing I either need to notify the company of my e-mail or perhaps there is some configuration on the Fidelity platform to provide it. I have sent an e-mail to Tony Dawe, whom I hope will point me in the right direction.

Hopefully, I don't end up in circles with the company saying that Fidelity should have notified me, with Fidelity responding in kind, saying that the company hasn't done this, that, or the other. That seems to be a recurring theme lately, like the whole DTC eligibility fiasco. The last reply I received regarding that topic was from Mark Komonowski on October 3rd of last year, then just silence.

 

[zeeb0t]

But they are the complainants.

Sure. And so what do you have to say when I see Forum regulars destroying the forum by engaging the trolls, putting so much effort in to that, but none of which bother to hit report?

The reason the number is 5 is because based on data, that is roughly the number of times something is reported before it needs to be looked at.

I’d much rather that number be 10, 20, 50 - but we’d sooner see as many flaming and baiting responses to trolls than reports.

Where is the problem here? Is it I for needing to set that number, or is it members who’d rather complain loudly repeatedly and publicly to the distress of the forum, then to just hit report and be done with?

 

[Wags]

The AI does not decide the human element. Your numerous peers did that when reporting.

In short; your concern is misdirected as is others here. Blaming the technology when it was 5+ peers who sent it that way is really where your argument lies imo.

Just asking for a friend, Are all these posts re Dreddbot "on topic". Careful, you may get sent to visit Bravo. oooops, now I may be.....

 

[Diogenese]

Sure. And so what do you have to say when I see Forum regulars destroying the forum by engaging the trolls, putting so much effort in to that, but none of which bother to hit report?

The reason the number is 5 is because based on data, that is roughly the number of times something is reported before it needs to be looked at.

I’d much rather that number be 10, 20, 50 - but we’d sooner see as many flaming and baiting responses to trolls than reports.

Where is the problem here? Is it I for needing to set that number, or is it members who’d rather complain loudly repeatedly and publicly to the distress of the forum, then to just hit report and be done with?

I'm all for free speech ...
for everyone who agrees with me.

 

[Shadow59]

For goodness sake Zee is between the devil and the deep blue sea with this. He is doing a fantastic job in an imperfect world.
There will always be those that disagree. Quite often the minority, which are those that make the most noise. Remember we all have personal filters if it gets to hard press ignore!

 

[JDelekto]

Yes I think it’s an ASX thing.. Eg when they release Announcements they say not for distribution in other countries.. I assume it’s the same for voting rights at the AGM..

It’s probably to do with where your shares are held. If they are not directly held via the ASX then you don’t have any voting rights until or unless the listing changes to a dual listing (Nasdaq).

AIMO I think that’s what is occurring here

I'm not sure that's the case. Wouldn't their listing on the OTC markets (not the pink sheets) be considered a dual listing? I see announcements appearing on the Fidelity platform, although usually a day later than on the ASX.

Unless my memory fails me, it seems that some announcements aren't making it through or have the distribution limitations you noted.

I still go to ASX for all the announcements as I found they are not time delayed. One could get them hot off the ASX site in the BRN announcements section before that time expired.

 

[Humble Genius]

I have noticed that several other people have mentioned voting before the AGM. As an investor in the US, I hold shares of the BCHPY ADR (a very insignificant amount) and OTC-traded BRCHF in my Fidelity Investment accounts. I assume that for my holding of BRCHF, I should be allowed to vote.

While I get the occasional marketing e-mails from BrainChip and Rob Telson, I have not received anything about the information I need to be able to log in and vote online. Additionally, there are no proxy materials provided from my Fidelity account.

While I have sent an e-mail to Tony Dawe to inquire about this, can anyone think of a reason that would exclude me from voting? Is it because I am an overseas retail investor? Could it be that the number of shares I hold is not enough to reach a certain threshold? Maybe there is information that BrainChip needs to provide to Fidelity?

I understand that I have no voting rights for the BCHPY ADRs because the actual shares are owned by the bank that issues them, but I believe that with BRCHF, I own the share.

You'll have to excuse my ignorance on this one. I've never voted for any of my investments in the past, mainly because I've never really owned a single stock, only mutual funds.

I'm presume they are coming to you in the mail, mailed from Australia? My 6 sets of voting forms came in the mail yesterday, in Melbourne that is, so I guess yours may take a bit longer (and no I didn't receive any email on this topic either).

 

[TopCat]

We could be onto something here with Dwellwell. I can imagine quite a big market for this.

View attachment 34721 View attachment 34722

Dwellwell Accepted into Prestigious REACH Program for Innovative Real Estate Technology​

APRIL 12, 2023

Smart home data and analytics provider selected as one of only seven commercial participants,
from hundreds of applicants ​

Dwellwell, the first data-driven residential diagnostics Software-as-a-Service (SaaS) platform – also known as the First Check Engine Light for the HomeTM – today announced it has been selected to join the 2023 REACH Commercial program. The highly competitive cohort is comprised of seven participants, chosen from hundreds of applications globally.
Created by Second Century Ventures — the most active global fund in real estate technology — and backed by the National Association of Realtors®, REACH is a technology scale-up program designed to accelerate start-up companies’ growth. The program leverages the association’s more than 1.5 million members and unparalleled network of executives within real estate and adjacent industries to achieve this objective through education, mentoring, events, and peer networking.
“We are thrilled to be selected for the 2023 REACH commercial cohort.” said Dan Simpkins, Dwellwell Co-Founder and CEO. “No other accelerator program can deliver the breadth of capabilities and deep bench of real estate professionals to support our growth. We are eager to benefit from REACH’s knowledge, mentoring, and expert guidance as we take Dwellwell to new heights.”
REACH offers a demonstrated track record of success through prior cohorts. The program has played a significant role in advancing real estate technology through innovations such as digital signatures, data analytics, and financial platforms.
“We work with start-ups whose solutions will benefit real estate professionals across all sectors. Dwellwell’s unique proptech platform, leadership team, and success to date made them a natural match for our program,” noted Bob Gillespie, Executive Director, REACH Commercial. “Our selection process for REACH is very competitive, receiving application from across the globe, and we had an outstanding group of applicants this year. We look forward to working with Dwellwell to advance the development and deployment of their platform.”
Dwellwell’s innovative, industry changing smart home product delivers comprehensive diagnostics for the entire home. The SaaS platform helps institutional property owners better understand the overall health of their rental properties and avert costly catastrophes like fire, HVAC failures, and flooding. Combining patent-pending, multi-sensing technology and artificial intelligence, Dwellwell identifies maintenance issues as soon as they arise ‒ and ultimately predicts issues before they occur.
About Dwellwell
Dwellwell is the first comprehensive Check Engine Light for the HomeTM. The powerful technology diagnoses and alerts residential property owners and managers to irregularities in the performance of core building systems, like HVAC, electrical, plumbing, and even environmental concerns. The SaaS platform provides early detection of issues before they lead to system failure or devolve to catastrophic faults. Built by a team of seasoned tech entrepreneurs, Dwellwell proactively diagnoses issues across an entire building, helping large-scale single-family rental and multifamily owners streamline maintenance, generate cost savings, and improve resident comfort.
About REACH
REACH is a unique technology scale-up program created by Second Century Ventures, the most active global fund in real estate technology. Backed by the National Association of Realtors®, REACH leverages the association’s more than 1.5 million members and an unparalleled network of executives within real estate and adjacent industries. The REACH program helps technology companies scale across the real estate vertical and its adjacent markets through education, mentorship, and market exposure.

This could prove a giant boost for Dwellwell sales. Let’s see what comes of it

 

[Cardpro]

I will wait for the quarterly report but I am 99% sure that I will be voting against almost all of them for the first time .

Yes, the management can't control share price, but share price can be seen as a strong indicator of their performance (especially given we are a small tech company in which the macro economic factors are not the main driver of the share price but revenue & IP contracts are)...

The fact is that we have only landed two IP contracts back in 2020 n 2021... and none for over 12 months ... and there were no material price sensitive announcements other than technological advancements and quartery / annual reports...

I honestly thought that time to land a new contract will reduce significantly given we've landed a couple (vs 0 previously) and we would experience exponential growths... but instead, we stopped landing any IP contracts despite acheiving more technological advancement & joining multiple eco systems...

I wonder how long it will take for all these "interested" "EAPs" who are hiding behind NDA as they would like to hide us from the competitors to put the money on where their mouth is...

Also, I would love to know how are we defining "interest" & "engaged"? I am interested in iphone 15 16 17 99 and would love to test them for fun even though I will probably never buy them...

All IMO...

23 December 2020: BrainChip Signs First Akida™ Intellectual Property License Agreement

21 November 2021: BrainChip Partners with MegaChips to Develop Next-Generation Edge-Based AI Solutions

 

[jtardif999]

Athena was the daughter of Zeus, however she didn't have a mother. She was plucked out of his forehead, so perhaps the implied though is that she has evolved from the brain, therefore its link with AI.

According to my wife Athene is the daughter of Zeus

 

[Bravo]

Sure. And so what do you have to say when I see Forum regulars destroying the forum by engaging the trolls, putting so much effort in to that, but none of which bother to hit report?

The reason the number is 5 is because based on data, that is roughly the number of times something is reported before it needs to be looked at.

I’d much rather that number be 10, 20, 50 - but we’d sooner see as many flaming and baiting responses to trolls than reports.

Where is the problem here? Is it I for needing to set that number, or is it members who’d rather complain loudly repeatedly and publicly to the distress of the forum, then to just hit report and be done with?

Maybe the regulars don't hit the report button, because we're too busy contributing versus the "complainants" whose only real contribution appears to be hitting the report button?

 

[zeeb0t]

Ok - thanks to the feedback provided by the community, it has provided me with an idea to combat 'bad actors' who report.

I do acknowledge that there is a potential problem whereby the 'peers' judging you are the trolls.

So, I have now included a measure of a users standing within the community. If that users exceeds a reasonable threshold of poor community standing, they no longer have the ability to report posts outright.