BRN 2.94% 17.5¢ brainchip holdings ltd

Ann: Product Development and Business Update, page-13

  1. 198 Posts.
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    Wants.

    Company also wants to sign a deal with a European car maker. Company also wants to sign a multi-billion dollar deal with IBM. 

    Until its happened, there is nothing positive in this announcement except management realising they didnt deserve the payouts. Yet another fluff statement by the management team. Why was cost reduction not at the forefront of management's mind given the ROI on current spend / cash burn rate? 
 
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