BRN 1.92% 26.5¢ brainchip holdings ltd

Ann: Notice of Meeting - BrainChip Acquisition, page-73

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  1. 21,700 Posts.
    lightbulb Created with Sketch. 886
    ''For the same reason as the tech giants are chucking millions at this solution to the inevitable end point of Moore's law.''

    Yes I fully agree millions will needed to prove this technology

    Unfortunately I don't see millions available in the budget below

    Great budget for Sales and marketing $20k

    Column 1 Column 2
    1 Item
    Proposed Capital Raising ($4,000,000) plus existing cash
    2 Estimated cost of the matters proposed in Resolutions 1 to 10 and the Capital Raising1
    $627,000
    3 Engineering development
    $1,275,000
    4 Research and development
    $732,000
    5 Sales and marketing
    $20,000
    6 Working capital and corporate administration
    $1,479,000
    7 TOTAL
    $4,133,000
    Last edited by Merchant2000: 02/07/15
 
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