This line excites me the most: "A Royalty Fee will be charged for every unit produced using SNAP technology"
If BrainChip is genuine and is be taken up by the tech co's (Apple, IBM, etc) then:
It is entirely possible that in 3-5 years we could see BrainChip in a helluva lot of devices. If the tech co's pay $1 per chip royalty, we are talking hundreds of millions, if not billions of $$ revenue per year!!!!
What's even more important is that this is a royalty for the co's to use BrainChip, AZK would not be responsible for the manufacture etc, so the revenue would have very little expenses associated with it.
In years to come, provided BrainChip is the real deal, I can see the share price in the $5-10 range, if not more!
BRN Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
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