BRN 2.50% 20.5¢ brainchip holdings ltd

Ann: Private Placement Completed Oversubscribed-BRN.AX, page-187

  1. 321 Posts.
    lightbulb Created with Sketch. 33
    In the asx meeting, i think i heard Louis mentioned about hiring sales and marketing staffs as well as engineers. So, im agree with your thought. Why would they wait relying on limited staffs instead of raising funds for hiring staffs so they can rollout way faster? Even say they have
    1% of the savings 35m, it generates about 350k a year. This sounds very little but if we multiply this by 50 casinos, it can generate a good sum of around 1.5m revenue a month just from this one product. The rollout news of Game Outcome in the second casino should come out very soon IMO. The hiring itself would probably take few months (1-3 mths sounds normal to me). Within 1 month i hope they announce new staffs with brn having their staffs hiring completed within the next qtr which then again brn keeps their word to rollout more casinos following second casino as they have mentioned in the announcement. On top of that brn may sign a licencing deal this Nov who knows
 
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