Engagement with US Market, page-23

i read it as when someone there buys 1 ADR, the bank over there will go to the ASX and purchase 40 shares of BRN which will sit in an account until the ADR holder decides to liquidate it which is uncommon from what I understand, and they usually just sell the ADR to someone else if they no longer want it.

And these shares are not allowed to be lent for shorts, hence it will soak up a hell of a lot of shares that day traders and shorts need, and I honestly reckon IMO that Ken Scarince our CFO would surely be selling this if you will to the investors so there shares are safe, you could call it an almost guarantee that not only will be deliver on our business plan but we will keep your shares locked away while they grow in value, providing Brainchip deliver on their commercialisation strategy!
They alway said they will look after their LTH and this could explain what they’ve been working on for a long time.

I was doing some reading over the weekend and that’s how I interpret it, I could be wrong and happy to be corrected!

not financial advice!