Some big confirmations in this 4c
- no royalties yet
- BRN are spending big on advertising +$1 million for the quarter
- BRN have spent big on the new akida 2 chip
- BRN have no idea when they will make money.
- at current burn rate they can see out the year that’s IT.
more cap raising incoming before revenue will appear.
get the pitchforks out for the AGM. The message will be loud and clear on performance shares.
those thinking that companies are busy working akida into technology and are hidden under NDA have been mislead or misinformed. No company can design akida into any chip without first purchasing a license. The EAPs from AKIDA 1000 have seen the tech and decided not to use it. Will they use akida 2.0??? Well that will be known in about 18 months.
Some big confirmations in this 4c- no royalties yet- BRN are...
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