BRN is about 6-9 months behind the commercialisation schedule I had envisaged and maybe the market also so they have gone elsewhere for a little while. Not patient capital I am with BRN
Spikenet assimilation and CEO, Sales Engineers vacancies created a pause in the development momentum as PVDM filled two roles and Anil did also in the sales sphere. They recognised this skill gap and waited until the right person was recruited who melded with the team and OWNERS.
Things are back on track with key hires and more importantly the hardware schedule is gaining momentum for the first FGPA release (Brain development Kit as promised) which will make the market sit up and take notice especially in the leading edge academic field and startups developing new AI products. Talk of the town one would say.
Spikenet provided a test base of customers to bring along but also delivered the exciting neural network algorithms that from my read will be disruptive in true AI terms - 3 level not our current 2 level which academically in software has proven ground AI breaking - now imagine that on sympathetic hardware.
I expect big things in say 6-9 months and see the current price as attractive to be overweight BRN.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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26 | 568227 | 0.165 |
27 | 1452882 | 0.160 |
47 | 1519084 | 0.155 |
117 | 3652569 | 0.150 |
Price($) | Vol. | No. |
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0.180 | 698170 | 7 |
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