BRN 0.00% 23.0¢ brainchip holdings ltd

Ann: Market Update Webinar, page-67

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  1. 1,292 Posts.
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    It is clear that the process of testing is ongoing, but that there are no issues reported to date. If there was, ASX disclosure rules would have triggered a report from BRN that the chips aren't working/being sent back by Taiwan. This hasn't been done.

    Remember too, they have already received chips before and these chips are the next "batch" so to speak that have been produced by the biggest and most experienced chip production company in the world - on a turnkey contract, meaning all risk lies with the manufacturer at their costs - so the likelihood that they do not work is low, and most likely confined to a small sub-set of the chips, and not all.

    BRN have also done webinars in the past, so it could very likely be that the webinar merely states that testing is [x]% complete, there are no significant issues to date, and that full testing will be completed in [x]days and BRN will update the market then. In the meantime, those chips that work have been sent to EAP clients and we have commenced working with them...

    Although I do expect some material before the webinar, and hope one of them has (literal) rockets in the heading.
 
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