2020 BRN Discussion, page-6058

The following are the statements of the CEO and the new VP Sales released by BRN and now appearing in various media outlets:

“Rob has a long history of successful executive sales experience. With over 20 years in the semiconductor and intellectual property industry, his background at Synopsys, ARM and Artisan Components are key factors in his work to support the licensing of our intellectual property and products," said Louis DiNardo, President and CEO of BrainChip. "We will work together on driving and growing our integrated circuit sales channel. With chips in hand we are well positioned to successfully commercialize the Akida product line.”

Mr. Telson added, “I am excited to join the BrainChip team. The Company is at a pivotal point in bringing new technology to market that is ultra-low power and meeting key performance objectives that significantly advance the ability to learn at the edge. With artificial intelligence as a core competency, our products can impact a wide variety of end markets.”

Two things stand out in the words used by each:
1. The CEO says: “with chips in hand we are well positioned...” (Not “once chips are in hand we will be well positioned...)

2. The VP Sales says: “is ultra low power and meeting key performance objectives that significantly advance the ability to learn at the edge...” (Not “will be ultra low power and in meeting key performance objectives will significantly advance the ability to learn at the edge...”

I am normally very tolerant of impromptu statements people make however when the statements people make are part of well planned orchestrated announcement I think it is reasonable to give weight to the actual words used.

On this basis I am of the opinion that these statements give significant weight to the proposition that the AKD1000 chips which had been tested up to the time the CEO and VP of Sales crafted this media release have been performing up too previously predicted performance objectives and as they say “the eagle has landed.”

This is my opinion only DYOR.