BRN 5.56% 25.5¢ brainchip holdings ltd

Agency Theory and Corporate Governance, page-16

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    Milestone 4 – Execute an IP License Agreement with an upfront payment of no less than$500,000.

    Until This milestone is achieved - The share price and market capitalisation will be purely based on speculation.

    Achieving Milestone 4 will not be as easy as many here has stated

    The other 3 in house Milestones mean nothing unless they can secure revenues and earnings going forward.

    Milestone 4 will be the beginning of acceptance and acknowledgement of the BC technology and even then it will depend of the type and quality of the agreements going forward.

    After Milestone 3 is achieved there will be around 700m shares on issue with only around 50m performance shares yet to be issued

    DYOR




 
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