Ann: Investor Presentation, page-71

I used to be a BRN holder. I bought it at 35c and sold it at 81c. Their Akida chips are fascinating and has huge potential in a sexy industry, but their valuation is just insane (just like NVX, VUL etc.). It's been priced in for the next 3-5 years in my opinion. At their current MC, even though it's a market darling stock, its downside risk is huge compared with AVA.

I am waiting for BRM to pull back to 50-70c level then I will retake a position there. If it never pulls back to that range, I think I'll just skip BRN then.

Happy to have a discussion as I am trying to pick up one stock in my watchlist with my AVA dividend too.