BRN Discussion Ongoing

[Fullmoonfever]

@Diogenese

Wondering if you can have a squiz at the following pls? TIA.

This is a paper from the ECCV / ECVA late 2024 conference for an event suppression method.

Am I reading right that Akida is so efficient already on the memory constraints / consumed mem, that even though the ELSE enhancement assists the other processors in the table, Akida is still better?

Or have I got something backwards?

I note this paper was partly funded by the NimbleAI project which we already know are using Akida 1500.

Paper HERE

https://eccv.ecva.net/virtual/2024/calendar

NimbleAI HERE

 

[Guzzi62]

If it doesn't getting you going, then there is clearly something seriously wrong with your thinking..

A valuation that is $0.59 lower then the last paid for valuation, and have you actually read the report and what is says about having to raise money over the next five years because licence fees can only cover a fraction of their cash expenses?

You are so blind, you can't even see what's happening right in front of your eyes.

My apologies jrp, you are right, I sat down and read it more closely.

The report is indeed very sloppy, some of it seems acuate, but other parts are hmm odd/misleading?

Antonio said at the 2024 AGM that one very juicy IP deal could make the company profitable overnight. But what he says versus facts are not always the same.

Is the report made mainly via a boot process, and have no one really checked it? Someone from BRN have surely checked it before publication? Well, I guess not!

Did BRN really pay for this, and do they agree with the report?

Sean said he expects 9 mill US$ in revenue, but not likely this year. That number is probably very conservative? More can easily pop up, I hope.

WTF is going on?

 

[Diogenese]

TRIM

I found the report fairly superficial on the tech front. It recites some tech facts and some "alternative" tech facts, but does not evince a deep understanding of the tech.

It is also unduly pessimistic on the commercialization front.

While Table 12 lists numerous partnerships and collaborations, this passage from page 15 does not these into account in calculating the time to market, relying instead on the signing of IP licences as the starting point:

"Until BrainChip earns any royalties from its licensing agreements, then it is expected to run at a loss. However, there is significant uncertainty as to when this will happen since it also depends on how long it will take the licensees to develop and manufacture their products that use the Akida IP. According to BRN management, it could take a minimum of 2-3 years for simpler consumer applications or 5-10 years for more complex industries such as automotive, industrial, etc. Hence, we developed several scenarios as to the timing of royalty revenues. Our valuation largely hinges on the prospects after 5 years (2030 onwards), since we don’t expect any current licensees to have any products developed/launched within the next 5 years (there hasn’t been any significant activity in terms of product development with regards to licensees Renesas and MegaChips, according to BrainChip)."

As we have seen customers like Onsor can spring up fully formed. We have had a partnership with Prophesee for several years, and Arquimea suddenly appears:

https://brainchip.com/brainchip-gives-the-edge-to-search-and-rescue-operations/

FG/ESA, BH/DoD, RTX/AFRL- the green shoots have sprouted and are beginning to bear fruit. How many of these partnerships are about to break through the topsoil?

I consider the M2 cybersecurity board (QV/Chelpis?) to have a massive unmet market.

 

[FiveBucks]

$1 per share?

Sold!

 

[MDhere]

Check out this job at BrainChip : https://www.linkedin.com/jobs/view/4226488775

] View attachment 84449 View attachment 84450

All I read was with ARM ARM ARM (LLM is integrated with Arm) (Show casing our LLMS with Arm) ....Arm Arm Arm

 

[MDhere]

$1 per share?

Sold!

Well thanks to Mercedes, those that got caught up in that whirlwind won't be overly excited. I say at least $2ish and then Brainchip board can sleep a bit better at night. But time will tell I guess. I know PVDM will want the best for ALL shareholders involved and well maybe just maybe Sean will too. I went back over a couple of videos with Steve Brightfield at CES and Sean with that funny Tech X guy and if anyone hasn't seen them worth a look. The positivity in these guys in these 2 videos is real. so let's go brn. The truth lies in its promise, now where did i hear that before

Happy Thurs fellow brners

 

[Pom down under]

Had this saved in favourites for sometime now and can’t remember why and can’t be arsed to look through it again. Update I was meant to take a look

U.S. Patent for Neural network chip for ear-worn device Patent (Patent # 11,995,531 issued May 28, 2024) - Justia Patents Search

A hearing aid may include a neural network chip having tiles arranged in an array, each tile including memory, 16-128 multiplier-accumulator circuits (MACs), and routing circuitry. The memory of each tile may be configured to store a portion of elements of a matrix A comprising weights of a...

patents.justia.com

Chromatic

High-tech. Hard-tech. Healthcare.

www.gochromatic.com

 

[Pom down under]

Another one in favorites

Technology

Nature has been perfecting the human nose for 7 million years: a tough act to follow. So, instead of reinventing a masterpiece, we chose to replicate it. Dive deeper into our tech.

www.noze.ca

 

[FiveBucks]

$1 per share?

Sold!

I should rephrase.

$1 per share?

Sold to the man who thought we would be at $4 by now who regrets not selling at $2 (anywhere above $1 actually) who is now so jaded with management after selling us explosive growth and watch financials only to make sweet FA in sales and to be told that decent revenue is now years away, which only means one thing, further dilution just to keep the lights on only for the senior management team to continually be paid out huge bonuses for what!?!?

Heck I'd sell at 50 cents right now just to break even with my average.

Excuse my poor grammar, it is meant to represent me talking really fast.

 

[MDhere]

Hey @Bravo I know it's baffling that we are 3 years ahead (and we are still 3 years ahead) that we haven't seen a doorbell or even heard the slightest dingdong sound.
But I do know that with the roadmap and I personally spoke with Peter on general level, he is very happy with the direction and movement that Brn is heading. So I hope that at least that piece of info to you will have you jumping into those running shoes again soon.

 

[Pom down under]

Another saved item in favorites. 100% not watched it

 

[DK6161]

Hey @Bravo I know it's baffling that we are 3 years ahead (and we are still 3 years ahead) that we haven't seen a doorbell or even heard the slightest dingdong sound.
But I do know that with the roadmap and I personally spoke with Peter on general level, he is very happy with the direction and movement that Brn is heading. So I hope that at least that piece of info to you will have you jumping into those running shoes again soon.
View attachment 84474

DId you ask Peter if he is giving away more shares this year? What's his plan anyway?
Giving them away at this level and then being dumped straight into the market did not do us any favour.

 

[MDhere]

DId you ask Peter if he is giving away more shares this year? What's his plan anyway?
Giving them away at this level and then being dumped straight into the market did not do us any favour.

Hey DK,
I had a number of general questions and I am happy with the interaction.
Thought I would share the enthusiasm from the founder for a little pick me up to Bravo. Don't mind how you take that DK.
Sell your shares to get to the next AGM and you can ask him yourself.

 

[manny100]

TRIM

I found the report fairly superficial on the tech front. It recites some tech facts and some "alternative" tech facts, but does not evince a deep understanding of the tech.

It is also unduly pessimistic on the commercialization front.

While Table 12 lists numerous partnerships and collaborations, this passage from page 15 does not these into account in calculating the time to market, relying instead on the signing of IP licences as the starting point:

"Until BrainChip earns any royalties from its licensing agreements, then it is expected to run at a loss. However, there is significant uncertainty as to when this will happen since it also depends on how long it will take the licensees to develop and manufacture their products that use the Akida IP. According to BRN management, it could take a minimum of 2-3 years for simpler consumer applications or 5-10 years for more complex industries such as automotive, industrial, etc. Hence, we developed several scenarios as to the timing of royalty revenues. Our valuation largely hinges on the prospects after 5 years (2030 onwards), since we don’t expect any current licensees to have any products developed/launched within the next 5 years (there hasn’t been any significant activity in terms of product development with regards to licensees Renesas and MegaChips, according to BrainChip)."

As we have seen customers like Onsor can spring up fully formed. We have had a partnership with Prophesee for several years, and Arquimea suddenly appears:

https://brainchip.com/brainchip-gives-the-edge-to-search-and-rescue-operations/

FG/ESA, BH/DoD, RTX/AFRL- the green shoots have sprouted and are beginning to bear fruit. How many of these partnerships are about to break through the topsoil?

I consider the M2 cybersecurity board (QV/Celpis?) to have a massive unmet market.

That section of the report serves to pour a little cold water on expectations.
Sean at the AGM did say he expected take up from smaller business. That would be due to shorter timeframes.
As you say cybersecurity seems to have a lot of potential on a shorter timeframe.

 

[IloveLamp]

https://www.linkedin.com/in/sandra-mikich?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

 

[IloveLamp]

#ai #semiconductors #nvidia #amd #innovation | Anthony T.

In 2025, the AI chip industry has been marked by groundbreaking innovations and strategic alliances, capturing the attention of tech enthusiasts and industry experts alike. The rapid growth in AI capabilities is not just a wave; it's a tsunami reshaping the global tech landscape. Leading the...

www.linkedin.com

 

[jrp173]

Antonio can’t remember if he did or didn’t kill it
He can’t remember if he paid for this trim report

This is a big nudge to the shareholders to get out now we don’t want you here
And we will only be worth a dollar if your lucky
So sell now and maybe be lucky to get something back

This will send the price south for sure
Another classic from the non management of Brainless chip

I am annoyed that they released this
Why
Why
Antonio should release it as a price sensitive asx announcement
lol
It’s becoming a fricken joke a laughing stock
Rant over

Totally agree.

And this was absolutely should been released as a price sensitive asx announcement. This is the problem with having American management and Australian Non Executives that are weak and clearly never challenge the board on anything. No point in having them.

The American's just do what ever they want with zero consideration for shareholders.

If there was any doubt about our management previously, surely people are seeing them for what they truly are...

And don't forget the Trim Report is dated 5 May, one day before our AGM!

Unbelievable that people voted on RSUs for Sean, and they hid this report until after the AGM. Absolutely disgraceful.

 

[HopalongPetrovski]

Get a grip people.
Some mob of self appointed experts has put out a report forecasting possible futures.
Remember a year or so ago, when that shorter mob put out theirs, citing all the red flags?
Remember how the shills and manipulators over on the crapper seized upon it and gleefully used it to sow Fear Uncertainty Doubt?
Same game, different alias's who are now colonising here as well.
Buy Sell Hold. These are our options at any given point in time.
All the wanna be catastrophising and doom calling is either intended manipulation or else just standard trolling.
Don't get sucked into their game.

 

[MDhere]

View attachment 84484

Get a grip people.
Some mob of self appointed experts has put out a report forecasting possible futures.
Remember a year or so ago, when that shorter mob put out theirs, citing all the red flags?
Remember how the shills and manipulators over on the crapper seized upon it and gleefully used it to sow Fear Uncertainty Doubt?
Same game, different alias's who are now colonising here as well.
Buy Sell Hold. These are our options at any given point in time.
All the wanna be catastrophising and doom calling is either intended manipulation or else just standard trolling.
Don't get sucked into their game.

i really dislike that movie

 

[jrp173]

I haven’t had time to fully digest all the information yet, so the following is my VERY preliminary opinion, for what little that counts.

That said, at first glance, this appears as though it could be the Board’s way of nudging shareholders toward accepting a predetermined sale price, potentially around $1.00 per share, possibly to a party like ARM, for instance.

I don't know what else to make of this to be honest.,

Hi Bravo, I wouldn't be surprised if you are on to something here.

Flicking between TSE and HC (in my opinion) shareholders are becoming worn down and are questioning what is going on with BRN.

Why would the company put out a price sensitive announcement (that was not even required) to discuss a potential reconcile (that could result in a 25:1 consolidation, hold an AGM where the Chairman verbally attacks shareholders and is a exceptionally rude to shareholders when questions were asked that he did not like, and finally publish a research report that is almost bordering on self sabotage...

Maybe they want us so despondent, that we'd snap their hands off if we were offered $1 (or even less) for a take over....

Something is not right here...

Would love to hear your thoughts when you've read the report in it's entirety.

Another question... why would they also post it under linked in??? I mean can you imagine a new potential investor reading this report with statements like this: