Fair question ….in view of yesterday's Announcement where's all the revenue?
- The million dollar Paris Police deal? Well that appears imminent but we still wait for the announcement of the deal and commencement of actual roll out. Same applies for the many other French municipalities. Work is still in progress with roll out in the Yveline District.
- The hundreds of casinos. Well the GPI deal is still having the video analytics software designed and developed then integrated with their ATS product. Exciting stuff, but still may be months away from release and marketing to Gaming Industry.
- Lockport School District Deal – Still work in progress. Receipts will likely slide into 2nd Quarter.
- ADAS and AV - Still very early early days and ultimately requires the release of Akida on silicon.
For any more information about secured deals, the best we are going to get is here.
http://www.finnewsnetwork.com.au/Presentations/BrainChip/April2018_Update/index.html
Am sure most holders appreciate all the hard work of our CEO. He's chalked up many runs for the Company in terms of design wins, joint development agreements and collaborations. And OK not much revenue but we will no doubt see it start to grow this year.
But I don't see any of the above deals sending this Company into the stratosphere any time soon.
You may recall Louis touched base on a couple of leads in his last webinar. Not for me to dot join, but if something like that came together then that would be an immediate game changer for BRN. THAT'S what this Company and it's shareholders needs; a game changer right now.
Over to you Louis; balls in your court.
ps. FNN advised a few days back that a written record this time will not be made available of Louis last webinar.
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