BRN Discussion Ongoing
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rgupta
Regular
The Sean and team is so transparent that they lie to holders in day light. Last CR Sean told us it is because of their relationship with investors in Australia and it is all about their relationship development in last two years. Now we know who used those shares, shorters were very active for those two years, does it mean management was in process of relationship building with the shorters. Sean and team can never defend us holders, they actually suck all the oxygen from the holders.
Yes they are telling us their intentions time and again but we are idiots. I still remember last three AGMs with Sean
1st one judge me on the results, look at the bottom line, but no results, he told us h the way to judge him and if we are unable to judge him then it is our mistake.
2nd AGM I think he was fearful that someone will ask him a question what he said in 1st AGM, he try to complete his speech in a hurry, looks very nervous and left the stage before someone ask him a question
3rd AGM a classical case everything was going alright until someone ask him a question, a simple business question
If a rising drone company approach brainchip for their technology will they attend to them or not.
Sean said easily they will not entertain the same and then Antonio jumps in and start telling a long story how, why, where.
But matter of fact the question was about writing an essay but a strategy they work out in team meetings. It is not possible that CEO is telling something different from team meeting strategies but yes Antonio felt it is not a right answer and try to convince audience. So if a CEO is not good enough to defend his own answer then how good it looks to the market.
Now we get an information that company is planning a redomicile just before on market sell off and no plans and strategy is shared with broader market. No one cares what will be the consequences, how the market will react, does it necessary to share information without a proper plan but yes we have a plan and we have holders who will bear the burden.
I don't want to debate on technology knowledge Sean have but one thing is coming out loud and clear there are questions on his business acumen and to run a company as CEO, someone must have better understanding of a publicly floated start up.
Dyor
rgupta
Regular
No redomicile vote or information here. So if the management is not sure then why to raise that issue with share holders.
To re domicile either they have to gather 100% support or arrange another meeting and gather 75% support. It does not look like management have a plan on that as yet.
What a mismanagement here.
Hi all,
I have never personally met Steve L, but I do know that Simon Thorpe got on with Steve and thought he was a genuinely nice bloke..
It is interesting how the BOD have not supported his self-nomination, but in saying that, we have a pretty solid team already, maybe Steve for Geoff ?...keeping Australians on the Board is extremely important in my view, I personally don't see us moving to the US markets unless something big is presented to the Australian retail market, have we already been approached and offered a future pathway by an American company IF we make the move to the US in early 2026 ?
Many are very unhappy at present, I totally understand that, our technology isn't holding us back, so what is ??
Mid 2026 is still D-Day for me, ticky tock, ticky tock...love how AKD 1000 still gets the recognition, month after month....too narrow, my arse !!!
Hold tight.... regards Tech x
I have never personally met Steve L, but I do know that Simon Thorpe got on with Steve and thought he was a genuinely nice bloke..
It is interesting how the BOD have not supported his self-nomination, but in saying that, we have a pretty solid team already, maybe Steve for Geoff ?...keeping Australians on the Board is extremely important in my view, I personally don't see us moving to the US markets unless something big is presented to the Australian retail market, have we already been approached and offered a future pathway by an American company IF we make the move to the US in early 2026 ?
Many are very unhappy at present, I totally understand that, our technology isn't holding us back, so what is ??
Mid 2026 is still D-Day for me, ticky tock, ticky tock...love how AKD 1000 still gets the recognition, month after month....too narrow, my arse !!!
Hold tight.... regards Tech x
I also suspect it was to create chaos (which it did). Perhaps they were trying to take the spot light off of the AGM. Just a thought!
Pom down under
Top 20
Mid 2026, wasn’t it Jan 2025? Next it will be end of Dec 2027
Kingkong2015
Regular
$0 in royalty payments after so many years of hyped or manufactured news, deals and empty promises.
Sean, go home.
Sean, go home.
Hi Tech,
I've said many times that I think that one thing which has retarded commercialization has been the lack of silicon COTS, but I do recognize that, at the time the "IP only" decision was made we were under great financial constraints, so I was happy to see very recently that, in addition to the algorithm product announcement a few months ago, there was mention of silicon as a product, although we haven't been told which hat they are pulling it out of. However, the lack of silicon over the last few years has given our competitions (Synsense, Innatera, ...) a "first-to-market" type of advantage, while we shot ourselves in the foot by producing TENNs just as the ink was about to be applied to the paper. But even that has not stopped a number of customers/EAPs from being impressed with Akida 1.
There has been a constant stream of good news for a few years. Today, we see Tony Lewis praising TENNs in relation to the ISL announcement, but as everybody says, that won't even slightly lacerate the mustard without $$$$. So I've always been in the camp of those expecting a big announcement before the US move becomes a reality, and hopefully before the AGM.
Yes, "Too narrow" was something which, like "the market will do what the market will do"*, was poorly expressed (glib?). My interpretation is that the potential field of application was expanding exponentially, and some new applications required greater accuracy and compatibility with the de facto 8-bit standard, and greater context (NLP cf KWS).
* Actually, I think that, at that time, the US directors were not aware of how corrupt the ASX is. The scales have fallen from their eyes now, hence the move.
rgupta
Regular
"Actually, I think that, at that time, the US directors were not aware of how corrupt the ASX is. The scales have fallen from their eyes now, hence the move."
Dio sorry for the same can you explain the last paragraph. How ASX is corrupt when management is not passing on any information, which in result is making shorts smart.
e.g that news of Anil not a substantial holder was 2 year old and reproduced on ASX, 100 million wiped off on a single day.
Is that a corrupt practice of asx
That news we want to redomicile to US without a proper plan and another 100 million wiped from the sp , is that again a corrupt ASX.
Again very sorry but cannot understand how ASX is corrupt than mismanagement.
Again sorry.
I agree
Who to trust
Date of ISL Patent 22nd Feb'22.
Just shows how long the process is to this stage let alone deals which are followed by revenue.
" A method for implementing the result ing DNN onto a Spiking Neural Network ( SNN ) architecture amenable to efficient neuromorphic integrated circuit ( IC ) architectures ; ( 3 ) A method for implementing the solution onto a neuromorphic IC ; and ( 4 ) A statistical method for ensuring reliable performance ."
My bold above.
Just shows how long the process is to this stage let alone deals which are followed by revenue.
" A method for implementing the result ing DNN onto a Spiking Neural Network ( SNN ) architecture amenable to efficient neuromorphic integrated circuit ( IC ) architectures ; ( 3 ) A method for implementing the solution onto a neuromorphic IC ; and ( 4 ) A statistical method for ensuring reliable performance ."
My bold above.
" ISL has developed a revolutionary Digital Twin Engineering framework"
I note from the link that ISL is also into Predictive maintenance.
It looks like AKIDA would work well with Digital Twin AI.
Broadly Digital Twin AI at ISL involves creating virtual replicas of physical systems or processes, enhanced with artificial intelligence to simulate, predict, and optimize real-world operations.
I note from the link that ISL is also into Predictive maintenance.
It looks like AKIDA would work well with Digital Twin AI.
Broadly Digital Twin AI at ISL involves creating virtual replicas of physical systems or processes, enhanced with artificial intelligence to simulate, predict, and optimize real-world operations.
Food4 thought
Regular
RTX's Raytheon demonstrates first-ever AI/ML-powered Radar Warning Receiver for 4th generation aircraft
New technology will enhance aircrew survivability and accelerate AI/ML capability deployment
Maybe this posted on linked in might be the start of everything
Humble Genius
Regular
Hey Tech,
I hope you don't mind me asking what is your opinion on redomiciling in the US and potentially ending up on the NASDAQ?
Thanks, HG
Hi manny,
The first filing date is very important, and should be used as the first point of reference. In this case the application was filed on 20210719.
The BRN/ISL engagement was January 2022: https://brainchip.com/information-systems-labs-early-access-program/ .
The ISL patent refers to a Mike Davies article about Loihi from 2021, column 2, line 49.
The way things are going, I can tell you that we are not getting in Nasdaq.
Give it 18 months and we'll be out of cash and stuck here in Aus ready for delisting.
overpup
Regular
My growing fear for BrainChip involves a slower, more frustrating and drawn out death.
CR Dilution to the point where we need consolidation.
Followed by more CR Dilution and further consolidation...
In 5 years time we all own 10,000 BRN shares @ 20 cents a piece.
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