BRN 0.00% 20.0¢ brainchip holdings ltd

1. the lack of CEO is concerning. Untrue. The company is looking...

  1. 9,852 Posts.
    lightbulb Created with Sketch. 26217
    1. the lack of CEO is concerning. Untrue. The company is looking for a superstar CEO. They have an interim CEO and a management committee who in fact gave a complete update via a Brainchip Podcast just recently. Shareholders should read the CV's of the management committee before considering that there is no proper management of Brainchip in place. This as I said is an untrue statement formulated as such to create fear where none should exist.

    2. the lack of IP sales is concerning. Untrue. There has been an IP sale to one of the largest suppliers of semiconductors to the auto industry in the world. The CTO Anil Mankar has stated a number of times in line with the statements of the previous CEO that the proof of concept clients who will be spending 30 to 50 million to implement the IP have indicated that they want to see the final commercial version of the AKD1000 running before they commit. Anyone with any knowledge of proof of concept knows this is how it works. Again untrue statement formulated as such to create fear where none should exist.

    3. the lack of transparency is concerning. Untrue. The company has explained to anyone who cares to listen that they have an issue with the ASX regarding the disclosure of companies protected by NDA agreements. Every shareholder should unless they lock themselves in a steel vault and refuse to receive communications will know precisely where the company is up to it is testing the production chips one at a time to ensure that only perfectly functioning chips go to proof of concept customers. They have also advised that they are close to releasing the Tacheon Pi & modules for purchase via the Brainchip website. They have advised that they are recruiting engineering and scientific staff and building the sales team. They have made transparent through their actions of releasing videos and attending trade shows and being sponsors and announcing their attendances in advance how they are marketing AKIDA technology. They have provided time lines for the search and appointment of a superstar CEO. Again untrue statement formulated as such to create fear where none exists.

    4.the directors selling shares is concerning. Untrue. There is only one director selling shares via an agreement with LDA Capital and the reasons for that sale are fully disclosed to shareholders in the ASX announcement. Again untrue statement formulated as such to create fear where none exists.

    My opinion only based on easily accessible information from Brainchip the company DYOR
    FF

    AKIDA BALLISTA

 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
0.000(0.00%)
Mkt cap ! $371.1M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 8444 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 125000 1
View Market Depth
Last trade - 16.16pm 24/07/2024 (20 minute delay) ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.