BRN 5.08% 28.0¢ brainchip holdings ltd

Ann: Milestone 2 Achieved, page-254

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  1. 8,917 Posts.
    lightbulb Created with Sketch. 32
    'You think these guys would risk everything without rock solid proof ? '

    Well yes, and that is what has occurred.
    There is no solid proof, as yet.
    Risk - I'm not sure who is risking what?
    A broker, gets interested in a single dude at an innovation centre, convinces a mining company (that is going nowhere) to invest $400k and perform a reverse transaction, and announces milestones which if met generate huge dilution, and the M2 just released is theoretical to say the least. All it 'proves' is that the algorithm used is better than a 'generic' one, and maybe the hardware is faster.

    Anyone with a technical bent would know that this is not how proof of concept data is produced. There would be many pages of; the hardware each car simulation was running on, the algorithms of the simulation compared to the generic, what other tasks the generic processor was running, how optimized each was etc etc. None of this would be confidential as the hardware version will not have any code.

    Where if the proof? Let alone rock solid proof?

    I suspect some insiders are make good $ already. If this 'milestone' is worthy of SH being diluted then someone is being sold a pup, imo.

    For the poster who wanted to buy at 50c - how many hundreds of thousand do you want. Maybe we can do an off market deal?
 
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