BRN 0.00% 21.0¢ brainchip holdings ltd

I Want To Believe, page-1251

  1. 2,731 Posts.
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    lost control/influence of invention (patents) when company merged with Aus then US company and then acquired by IBM. I think he held several patents related to cybersecurity

    Well rewarded in takeover allowing him to research, write book, invent SNAP and get founding US patent and form Brainchip Inc with some funding from friends and associates..

    Did ASX IPO as opposed to traditional silicon valley venture capitalists route.

    With Robert Mitro & Family, Anil and his executive coach from Singapore effectively still has majority of votes when you look how many shareholders actually vote.

    This also makes BRN takeover proof unless it is friendly which means PVDM and Anil would have a material continuing role

    Another CR at these prices would dilute to the point where I think they would be concerned so I can see some form of debt financing on the horizon for a final round/bridging to meaningful revenue.

    I am of the view that BRN is at the point where ADAS/AV potential customers don't want the platform to fold and you may see some unity in view from many of them as their points of differentiation is the data training sets they hold to "teach" Akida as Bob said.

    The only farce at the AGM will be the second strike as KMP they cannot vote except RM & Family and they still have the numbers to determine who goes on the Board.

    Then again just my view from the cheap seats
    Last edited by homeales: 03/04/19
 
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