Ann: Market Update Webinar, page-220

We have been told over the last 18 mths that IP sales will likely produce the first meaningful income.

We have been told over last 6 to 8 months that there will be some income towards second half 2020 with meaningful income commencing 2021.

We were told in this webinar that there are outstanding invoices.

We were told that the early access customers are paying for the privilege.

We are told that there are proof of concept agreements in place.

We are told that having the FPGA, the IP and the ADE perform is all well and good but if a customer will be spending $30 to $50 million they want to see the actual working chip before they proceed.

We are told the chip and evaluation board will be in the hands of these customers shortly ie the ones who have accessed all the IP, the FPGA and the ADE and who have signed proof of concept contracts and who are paying to do so which must be a sign of some commitment.
Added to which whatever these household named customers want to do with the IP if AKIDA1000 proves itself will involve investments by them in the tens of millions of dollars how can long term investors in BRN not be happy.

My opinion only DYOR.