Ann: Appendix 4C and Quarterly Activities Report, page-250

However it was nice to see that receipts from customers were $US191,000.00 or more importantly $AU259,000.00.

We therefore have most likely received payments from at least four new EAP customers possibly five as the EAP fee is $AU50,000.

I would say that four is more likely and the remaining $AU59,000 is engineering fees for the work done with the European sensor manufacturer, NASA and Renesas. (FF)

29/07/21

10:33

Post #: 54861969

The above is from FF post today and is what Branded is referring to.
FOUR more EAPs added to the list is an excellent observation of the 4C report.
This along with the " Volume Production of Akida™ AI Processor in progress" statement on the 4C are the real gems today!
Ok here we go again, VOLUME PRODUCTION of AKIDA1000 Chips and what does this really mean in reality?
Perhaps this will give us a "Clue" ??
(b) Payment of US$2.25M in the prior period resulting from a milestone payment to a major
supplier in advance of wafer fabrication for the production version of the Akida device;
Ok so we have paid US$2.25 mil for the wafer fabrication. How many "Chips" could we reasonably get from this outlay [expense] do you think?
7000 chips has been a number floated around here but, would you SPEND US$2.25 Mil to make 7000 chips with a value of $20 each say?
So how many chips would BRN get for spendingUS$2.25 mil is the real question it would seem.
Any ideas please?
Maybe the 7000 is going into ONLY the Raspberry Pi's ?? How many if any left over ???