2024 BrainChip Discussion, page-1024

Don't know the reasons of dismantling BRN?

1) Hype ball play by management - they hyped this thing up with ''excitement'' and ''boozeBUS'' which is now stuck with a flat tyre.

2) No space for the tech - regardless of it's potential, management and sales team have not been able to make a breakthrough in sales/product.

3) Plenty of alternatives - Neuromorphic is not the only way - while power consumption is a great point, customers go for reliable and trustful brands.

4) Poor communication - companies comms is poor. No doubt about this (Except for rubbish podcasts). But not much on actual markets.

5) Treatment of shareholders - In an ideal world everyone is equal, but BRN has a few shareholders who gets priority with open comm channels.

6) Lack of ability to keep their word - no goals or targets, moving the goal posts and targets, with no repercussions.

7) Disrespect towards investors and share price - management clearly does not care about share price, which they have disclosed multiple times.

8) Poor employee recruitment process - needs major review. Bit of a turnover, not good for anyone involved.

9) Freebies - there is no goal or target based incentives. Especially if you are in the ''know''. Multiple examples already.

10) Credit raises - timing of it which followed by secret meetings, CEO's share sells do not give market any confidence.



I saw some noob comparing BRN with the poor performance of some other dog stocks.
Apparently as per the investment expert poida, because there are other dog stocks on ASX, it's okay for BRN to be a dog stock too.

This is inherently the issue with some of the cult group here.
If we look at the general market, and also the IT sector, last year both these areas have made significant progress and have recouped the losses which was made during the ukraine saga.
Those people on here and the sexpump forum who continuously relied on ukraine issues for BRN's share price performance will now move their excuses to palestinian issues but neither was the actual issue.

The issue lies within.

Have a great day.