BRN 2.70% 18.0¢ brainchip holdings ltd

Why I have sold all my BRN shares – Worth a read for non-holders., page-15

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    Just noting in response to pickbrains post;

    Akida would not be used in smartphones. Factories, almost all navigation systems in both naval vessels, aerospace vessels and autonomous vehicles including drones and cars, require very different things to a smart phone. Not to mention, the rise in mobile phone detection cameras, speed cameras, public surveillance cameras, you are seriously underplaying the size of the market.

    Second, while all of your points regarding other competitors is absolutely true, you are completely discounting the size of this market, a 1pc share of a multi billion dollar industry (and that is a very small share) would still be millions. Altium, appen, both earning hundreds of millions only, still in the high double digits.

    Third, you haven’t heard anything from the NDA’s because, they have literally signed a non disclosure agreement. Not sure why this is confusing. You don’t sign and NDA in any industry unless you don’t want the results blasted all over the place, and of course this could be good or bad, but lets face it, it unlikely to not perform the way its been shown to perform and at this stage in the development the table is certainly tilted in our favour. This chip has a very specific use, the sales manager from ARM itself is working here with BRN now as if you needed any more indicators. You’re concerned about no sales, when they have literally just hired a sales director, with 15 years at ARM to boot.

    Nothing you noted was incorrect, it was just way out of context. And as the only listed stock, just a single revenue producing contract will see many more investors come pouring into a single stock, exactly what happened the few month prior, but likely a higher order of magnitude considering its even more likely.

    Tech is one of those industries that produces multi millionaires every day. So if a guy making youtube videos of pokemon cards can make a profit, im sure a chip with decades of research can find a buyer in this world where electronics outnumber humans by factors.
 
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