BRN 5.56% 25.5¢ brainchip holdings ltd

Ann: Corporate Update and 2016 Outlook, page-72

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  1. 2,369 Posts.
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    As you would probably appreciate the humility of our directors and possibly the way they are trying to run the company , it makes sense that not get carried away on the "hype-train" for short term gains.

    As far as I can see there is no "watering down". Infact, quite the contrary the company has advised to the market that

    Serveral of these partners are expected to be signed in 2016.

    M3 has not been watered down at all.

    Infact the fact that the company is pushing to get M4 achieved immediately shows commitment towards a goal as opposed to having a short term benefits in terms of stock prices.

    As you are aware that the announcement for the first time highlights that the technology using the API could then be controlled over the network.

    This means a Qualcomm engineer sitting in US could control a server in AU and control the unit size of neurons , the information flow and much more. This is the intended goal in 2016 because BRN will derive substantial revenue by helping them integrate these in their technology. Abandoning their primary chip for an experimental tech does not make sense.

    If you are expecting things to happen overnight perhaps the gambling casino might be an appropriate avenue for you.

    Maybe its worthwhile thinking the strategic timing of the CR.
    Would the management benefit at all if the price of the stock went south to single digits if they needed to raise capital ?
    What will the SP be if the company can sign a 500K agreement tomorrow ?
    Would it validate the tech for brokering houses ?

    Show me any other company who has signed a 500K agreement ?
    Look at RYG . 50 % up on a MOU.

    You are missing the point here. They are not asking you to believe the tech by some agreement or partnership. They are saying that the partner company will pay 500K. Find me a tech spin off on the ASX that can claim money for its tech adoption.

    To be honest , I would expect an agreement before the CR.
    I will expect them to deliver on other things that were never a part of the prospectus.
    Its truly exciting what this company is trying to achieve.
    Maybe time to show some patience.
    ALL IMO.
    Last edited by neutralopinions: 09/02/16
 
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