BRN 2.63% 18.5¢ brainchip holdings ltd

Ann: Milestone 2 Achieved, page-252

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    I won't lie, I am a little underwhelmed with the Milestone 2 announcement. In fact I just went over it again and I'm more than a little underwhelmed. Anyone who read it and is 100% happy with it, I'm sorry to say clearly has tunnel vision - which from the comments the vast majority here do.

    As announced in the Oct Investor Presentation, Milestone 2 was to show;
    - "SNAP implemented in hardware"
    - "Demonstrates the advanced nature of the SNAP technology"
    - "Enables scalability"

    Now you can't tell me you weren't expecting a physical hardware demonstration of the SNAP technology in this Milestone 2 announcement. Because from reading those 3 points from the Investor Presentation, that's exactly what it's made out to read like. Perhaps it's just clever wording.

    Sure, there are a few pretty pictures of the way the Genetic Algo car learns and then the way Brainchip works. And then the nice diagram showing the difference between Sequential Processing and Parallel Processing. But alas, we had to 'read' about their success in this Milestone and couldn't 'see' it for ourselves.

    Either way, I don't want to take away that it's definitely good news as it is progress for the tech and the company, however I was expecting more from the announcement. And from Red Emperor's post he's been told 'Videos, verifications & independent reviews' will be following so I'll be waiting anxiously for those, not too long hopefully.

    And before I get attacked by the hardcore fanboys, make no mistake, I believe in this technology and the company and I have no doubt the SP will definitely rise on this news, but as an investor and long term holder, I expected/want to see more in the sense of something physical and working, rather than just reading and looking at diagrams and pretty pictures.
    Last edited by pierre23: 31/10/15
 
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