BRN Discussion Ongoing

[DingoBorat]

I pining my hopes on an announcement from the Nanose patent which is due approval any day now and this will shock the world before anything else does. Just imagine a device that can sniff out many diseases in seconds with minimal training for the user and if you’ve been keeping up with nanose medical their data base of diseases and clinical trials are getting bigger by the day.

Taking a rest now after writing so much.

View attachment 55907

That might stop them snoring, I think we need something more mainstream, to really wake them up...

Not sure what though..

 

[rgupta]

N

At the 2022 AGM during question time a shareholder raised a question and comment regarding whether Brainchip had a flexible pricing policy as this might facilitate getting customers to sign on the dotted line. Both the Chair and the CEO answered in the affirmative that they did have a flexible approach to how they priced the technology to each individual customer.

I have mentioned an Australian company called Nanosonics as an example of a company which has a flexible pricing policy based on a number of different models. The most instructive of how a flexible pricing model can be created to sell product is the model they created with the UK's National Health. To understand how inventive sellers can be to get a sale across the line it is worthwhile following up.

Brainchip is an IP company however it has never tied itself to how it will charge out the IP to any or all customers in fact the former CEO Mr. Dinardo made a strong point that Brainchip would not be disclosing publicly how much it would be charging to maintain flexibility with its customer base. He did suggest that larger customer orders could see a price reduction.

Without changing the business model in anyway Brainchip could agree to amortise the IP licence fee over the life of the product so that the royalty paid would consist of the amount of the royalty plus an amount for the IP licence.

Brainchip makes the point when they are questioned about why such and such a partnership was not announced on the ASX that under the Continous Disclosure Rules unless they can calculate a dollar amount they are not entitled to announce such matters on the ASX.

So lets take Tata Elxsi as an example. Brainchip have released that they have partnered with Tata Elxsi to drive adoption of AKIDA technology in medical and industrial applications.

Brainchip could have contracted with Tata Elxsi on the basis that they will supply the IP and charge 'x' amount royalty and a proportion of the IP licence fee per product produced and sold.

This type of deal would be one which Brainchip would claim does not meet ASX requirements because they do not have any idea how many sales will be made and therefore cannot calculate what the value of the contract with Tata Elxsi is at this point.

When the first sale is made by Tata Elxsi even then Brainchip may not under the terms of the agreement know about the sale until Tata Elxsi accounts to them a sum of money at which point Brainchip would be entitled to then audit to ensure they have not been under or over paid.

These funds being for past events could lead to an announcement about the amount received if it is considered material in nature other wise it could just as we have been told appear in the 4C without attribution.

But ask yourself this question how can Tata Elxsi or any other partner like Microchip suggest they are going to be driving the adoption of AKIDA technology by their customers in the absence of knowledge as to what the product they are selling will cost.

It is ludicrous in the extreme to think that Tata Elxsi will do all the work to design the product and take the customers order without having Brainchip locked in to an agreed price. There is no doubt in my mind that a contract has been signed by Tata Elxsi agreeing terms with Brainchip. It cannot be otherwise.

I do not know the terms of that contract but as I suggest above it could involve amortising the IP licence fee. It could require a million units be sold before the IP licence fee becomes payable and its quantum could be then based upon the value of the future sale book at that time. Brainchip remains an IP company throughout just the terms of payment remain flexible to be agreed by the parties.

My opinion only DYOR
Fact Finder

Brainchip is an IP provider and secrecy of relationships and contract values is very important especially when you are going through development phase.
I still the asx asking questions about value of ip contract receipts was a big issue which hinders company's long term goals.
So that was the time company changed policy and postponed the IP signing until a product ready stage is not coming. So that is why we can see a lot of partners and no IP sale.
We all know the last IP was signed more than 3 years old but still there is no commercial product. So why company should target signing new IPs and then put product development on back burner.
On the other hand it will be a good policy to help partners getting product ready and develop companies ecosystem and gain market confidence and partners' support.
So signing IPs could had delayed the ecosystem development by at least 2-3 years. Signing 4-5 new IPs can help SP but derail company's long term vision.
So I strongly believe partnership developments is helping us getting to our ultimate goal.
My last point is, brainchip is working with other undisclosed companies already under NDAs. So they know better about market and how to grow.
So I will take partners as a good development and another step to our overall goal.

 

[Quatrojos]

I hope Sean has hidden the IP's in partnership deals because if he hasn't gone down that line his in trouble with the lack of IP signings

He's been on a lot of dates since coming on the market. Can't wait til he gets past first base!

 

[Pom down under]

If you ever wondered what happened to the noisy gut project undertaken by Western Australia university a while back and if Akida was used in anyway. Then the answer is no Akida wasn’t used unless I’m wrong.

Development of a bowel sound detector adapted to demonstrate the effect of food intake - PMC

Bowel sounds (BS) carry useful information about gastrointestinal condition and feeding status. Interest in computerized bowel sound-based analysis has grown recently and techniques have evolved rapidly. An important first step for these analyses is ...

www.ncbi.nlm.nih.gov

 

[Kachoo]

If you ever wondered what happened to the noisy gut project undertaken by Western Australia university a while back and if Akida was used in anyway. Then the answer is no Akida wasn’t used unless I’m wrong.

Development of a bowel sound detector adapted to demonstrate the effect of food intake - PMC

Bowel sounds (BS) carry useful information about gastrointestinal condition and feeding status. Interest in computerized bowel sound-based analysis has grown recently and techniques have evolved rapidly. An important first step for these analyses is ...

www.ncbi.nlm.nih.gov

Thats over 2 years old that article.

I can't comment on if we are or not still working but this is pretty old.

 

[Pom down under]

Thats over 2 years old that article.

I can't comment on if we are or not still working but this is pretty old.

Is 2022 old then

 

[Chris B]

On the issue of IP Contracts... I think it's just a simple case of getting products ready to sell before signing the finale dotted line. We have a new product and this way de-risk the customer with paid help from Brainchip to get the product ready. Big things will happen soon enough... My opinion only

 

[David holland]

On the issue of IP Contracts... I think it's just a simple case of getting products ready to sell before signing the finale dotted line. We have a new product and this way de-risk the customer with paid help from Brainchip to get the product ready. Big things will happen soon enough... My opinion only

Thanks for your input when do you think it'll change

 

[wilzy123]

Thanks for your input when do you think it'll change

NO DH. NO.

 

[Chris B]

Thanks for your input when do you think it'll change

When the Customers are ready..

 

[Chris B]

Thanks for your input when do you think it'll change

When the Customers are ready.. sorry, when will it change from our side? ... how long is a piece of string? I think with any new product you need to flood the market with as many quality products with big name companies if possible and smaller in all area's... then later we will have the upper hand with the johnny come lately. Just my opinion thou

 

[Diogenese]

When the Customers are ready.. sorry, when will it change from our side? ... how long is a piece of string? I think with any new product you need to flood the market with as many quality products with big name companies if possible and smaller in all area's... then later we will have the upper hand with the johnny come lately. Just my opinion thou

But, given the nature of our product, market flooding is not within our bailiwick.

 

[rgupta]

🧠💡 Exciting news! | Byron Callaghan

🧠💡 Exciting news! I had the chance to explore the world of neuromorphic computing with Intel's Lohi 2 chip, and I'm beyond impressed with its potential to revolutionise how we approach computing. This isn't just another chip; it's a glimpse into the future of artificial intelligence. 🌟 Intel's...

www.linkedin.com

Please go through the comments section as well

 

[Chris B]

But, given the nature of our product, market flooding is not within our bailiwick.

True... but looks like it's the plan, by having so many partners that seem to be getting market ready using our IP in many different industries without signing the final dotted line. We seem to be lenient at the moment to simply get our IP out there for the world to see in real world action... that's kinda flooding the market... then hopefully we have plenty knocking at OUR Door. Just an opinion of a simple Truck Driver that's hoping for retirement in 3 to 4 years ;-)

 

[DK6161]

We got a taste of that, with the original Mercedes reveal.
Next time, it will be a full course meal in my opinion..

Another great post DB.

Potential customers got a free tasting, but still looking at the menu and deciding if they want to dine in or go somewhere else with similar cuisine. What can we do to get them in the door? That's the question for our frontline staff?

Once people star to sit down and fill the tables, others will line up.

 

[Diogenese]

True... but looks like it's the plan, by having so many partners that seem to be getting market ready using our IP in many different industries without signing the final dotted line. We seem to be lenient at the moment to simply get our IP out there for the world to see in real world action... that's kinda flooding the market... then hopefully we have plenty knocking at OUR Door. Just an opinion of a simple Truck Driver that's hoping for retirement in 3 to 4 years ;-)

As I keep telling my last remaining mate "Any day now!"

 

[Food4 thought]

As I keep telling my last remaining mate "Any day now!"

It feels like I can’t even mention Brainchip anymore to anyone lol
But every day gone is a day closer to that announcement or big reveal.
The odd must be in our favour now surely.

My guess is that it will surprise everyone
And only the ones with tickets can get a seat on the bus

 

[Space Cadet]

Found this link interesting. US Higher Gov site with awards for Blue Ridge Envisioneering. Be warned once you click on the awards themselves it only let's you do it a couple of times before it asks you to sign in. Needless to say, I don't think we have the necessary clearance .

There is the Phase 2 SBIR award that we know we are involved in which has 12 months to run. There a couple more I can't find what they are for ending 2026 and 2027.

Down the bottom are a couple where they are awardee with BAE Systems as prime awardee. These are under the Big Safari program. That is big secret squirrel stuff.

https://www.highergov.com/awardee/blue-ridge-envisioneering-inc-10007222/

https://greydynamics.com/big-safari-the-us-air-forces-marriage-with-private-acquisition/

SC

 

[Space Cadet]

Found this link interesting. US Higher Gov site with awards for Blue Ridge Envisioneering. Be warned once you click on the awards themselves OT only let's you do it a couple of times before it asks you to sign in. Needless to say, I don't think we have the necessary clearance .

There is the Phase 2 SBIR award that we know we are involved in which has 12 months to run. There a couple more I can't find what they are for ending 2026 and 2027.

Down the bottom are a couple where they are awarded with BAE Systems as prime awarded. These are under the Big Safari program. That is big secret squirrel stuff.

https://www.highergov.com/awardee/blue-ridge-envisioneering-inc-10007222/

https://greydynamics.com/big-safari-the-us-air-forces-marriage-with-private-acquisition/

SC

Forgot to add, there is nothing to say we are involved but nothing to say we aren't either.

SC

 

[Frangipani]

Talks about Edge/On Device AI

In the same vein…

Apple quietly launches its multi modal AI LLM rival called Ferret

When it comes to revolutionary AI development Apple isn't in the race, but they are doing things quietly.

www.fanaticalfuturist.com