Thanks FF
You know another big thing about this deal with LDA that's so very pleasing; it'll not only provide for the first time a proper financial platform for the Co to grow it's operations but more importantly in terms of BRN's commercial image in the marketplace; it will be transformative.
For comparison, just look back over the bad old days trying to flog BrainChip Studio and the Accelerator. Times were tough. Not only were we outmaneuvered and undercut by the competition, we had an image problem. Brand new disruptive tech no one understood, with a balance sheet looking like sheet. In those days noone was going to risk their career making a multimillion agreement with a Company that could be here one day and gone the next.
Things have now really changed with the LDA deal.
We have the IP and we have the hardware. And with LDA on board we now have an operational platform which has a AAA financial rating.
BRN Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
(20min delay)