Brainchip Business Model and Investor Opportunity

Lets get back to the facts and the drawing board so to speak!!- here are the near term opportunities of our technology
Some Valid Statements by BC
recap:
BrainChip has been 10 years in development by its inventor, Peter van der Made. Peter has been a leader in computer innovation for 40 years and has achieved significant commercial success. He invented one of the earliest high resolution colour graphics accelerator chips for the IBM personal computer, as well as a computer immune system that was ultimately acquired by IBM-ISS where he was appointed Chief Scientist in 2002.

First stage development priorities - BrainChip’s development plans have been strategically selected following lengthy consultation and guidance from a number of major technology companies. BrainChip has chosen to initially address the following attractive, high volume, lower risk opportunities by exploiting SNAP's low power consumption capabilities.
 Smartphone technology applications that address unique cochlear-based voice signature identification capabilities. These high volume applications when developed are targeted to be licensed to leading smartphone chip manufacturers and will be used in smartphone devices, smart television sets and tablets.
 The “Internet of Things” (IoT). IoT is a term used to describe miniature sensors and intelligent devices that have embedded technology to communicate with one another over the internet. ABI research (ABI) estimates there will be 30 billion miniature sensors and devices connected to the Internet of Things by 2020

The BrainChip business model
BrainChip intends to licence technology designs to its potential technology partners. The technology partners will design and manufacture chips utilising the BrainChip SNAP technology. The chip will then be incorporated into digital electronic products, which are then sold.
BrainChip anticipates receiving an upfront licensing fee, plus a royalty, typically based on a percentage of the chip price or product, for every chip/product sold using BrainChip’s SNAP technology.
Many customers will be able to re-use the same SNAP technology in many different chips going into a broad range of end-user markets. Each new chip will start a new stream of royalties.-