BRN 2.44% 20.0¢ brainchip holdings ltd

Ann: Investor Presentation October 2015, page-224

  1. 3,620 Posts.
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    Thanks for pointing that out.

    Prospectus:
    Class B Performance Rights:
    upon Aziana announcing on the
    ASX that BrainChip has implemented the race car
    demonstration in hardware to visually illustrate the capability
    and scalability of BrainChip’s SNAP technology to prospective
    licensees (
    Milestone 2) (see section 8.2(g)(i) for further
    information);

    Class C Performance Rights: upon Aziana announcing on the
    ASX that BrainChip has released a software API specification
    and RTL design solution for implementing customer
    Client/Server neural network applications using BrainChip
    hardware technology (
    Milestone 3) (see section 8.2(g)(ii) for
    further information); and

    Presentation:
    Milestone 3:
    Proves scalability

    Scalability is critical to commercial interest.

    All imo.
 
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