BRN 11.4% 19.5¢ brainchip holdings ltd

I Want To Believe, page-1476

  1. 2,597 Posts.
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    point two is up for debate, i think it reads better

    LDN embarked on a commercialisation strategy which involved targeting deals that would award performance shares , and just scrapped in before the deadline a couple more months and they expired ,( who knows how bad this deal was for us just so he could get his shares) this took the Co off track and burnt shareholder and development funds.

    the two biggest deals ( both still no shows yet shares still awarded) where structured in a way that awarded the performance shares both SN tech and GPI

    so in reviewing ipo 15 , shareholders put up millions for SNN , Lous burnt all the money chasing performance shares , and sold it as a commercialisation strategy, now with bugger all of the shareholders money left, money that was raised for Akida, the co will try to develope and market.
 
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