BrainChip and a "reasonable assumption" in the same sentence? Don't even go there!
https://www.asx.com.au/asxpdf/20180430/pdf/43tm04sqnmmljd.pdf
BrainChip estimated that the company would have revenue of $25m - $45m annually (from GPI and Quantum Corp alone) beginning in late 2018. 2020 now! How much have we seen so far? Seems like they'll say anything to prop the share price up for the next capital raising?
Wouldn't a "reasonable assumption" (at the time of the above ASX announcement from BrainChip) be that BrainChip should be absolutely drowning in tens of millions of dollars of revenue by now? We're still waiting for something of substance? Seems almost misleading?
Personally, I wouldn't believe anything from this company unless I can see some receipts.
IMO, the capital raising is coming very soon, likely April, about 3 months from now?
I think they need to pump the FOMO hard, with a decent and believable announcement! ASAP!
Unfortunately, IMO, this is not the decent announcement we're all waiting for. Soon, maybe?
Hopefully there's still a spark of life left that will warrant my jumping back in?
Still think this company has something going for it, at least tech wise, but I remain cautious.
Ann: Company Update, page-18
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