BRN

2.33%

22.0¢ brainchip holdings ltd

Ann: Appendix 4C and Quarterly Activities Report, page-52

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28/04/23

10:34

Post #: 67499795
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Originally posted by jbar039: ↑

I am a holder who has never posted before, but I can't keep quiet any more.

$6.2M USD in payment to suppliers and employees, and 40K USD cash flow in from customers - and BRN management have the gall to ask us to approve the issue of more shares to themselves. Are they serious? Our investment is being eroded and they want to be rewarded. What planet are they on?

We (as the shareholders of BRN) have the ability to stop the issue of these shares with our vote.

I will be writing to Tony Dawe this morning and telling him my thoughts, which are If the Directors of BRN had any morals or ethics at all, they would be withdrawing all of these resolutions prior to the AGM. I suggest that every shareholder who disagrees with these resolutions should email Tony Dawe today and tell them to withdraw these resolutions immediately. We need to get our message over to BRN loud and clear!

I am not lining their pockets whilst my personal investment is going down the toilet.

Just a reminder of their greed......

a) 187,344 Restricted Stock Units to Antonio J. Viana (or his nominee), Non-Executive Director;
b) 187,344 Performance Rights to Pia Turcinov (or her nominee), Non-Executive Director;
c) 187,344 Performance Rights to Geoffrey Carrick (or his nominee, Non-Executive Director;
d) 462,963 Restricted Stock Units to Duy-Loan Le (or her nominee), Non-Executive Director;
e) 187,344 Restricted Stock Units to Duy-Loan Le (or her nominee), Non-Executive Director,

a) 2,264,493 Restricted Stock Units to Sean Hehir, Executive Director;
b) 1,287,906 Performance Rights to Peter van der Made, Executive Director,

Oh and lets not forget about the 8,000,000 shares to E. Hernandez.

Expand

damn! remember it was 0.03c at one point. it is one of those 10 yr minimum investment stock. it is a high-risk "disruptive" innovation. it is not for faint hearted. please understand the risk here too.

BRN Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 22.0¢		Change 0.005(2.33%)		Mkt cap ! $408.3M

Open	High	Low	Value	Volume
21.5¢	23.5¢	21.3¢	$7.637M	34.28M

Buyers (Bids)

No.	Vol.	Price($)
15	503753	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.0¢	196385	4

View Market Depth

No.	Vol.	Price($)
10	284840	0.220
22	562480	0.215
29	755011	0.210
28	767031	0.205
80	1789790	0.200

Price($)	Vol.	No.
0.230	12266	1
0.235	525889	15
0.240	474338	13
0.245	649877	14
0.250	332099	20

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Ann: Appendix 4C and Quarterly Activities Report, page-52

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Ann: Appendix 4C and Quarterly Activities Report, page-52

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