I’m referring to the announcement on the 3rd of Jan… announcing the company will draw down a MINIMUM of 12million this year from LDA…
given they already have $20 milll in the bank it doesn’t give any confidence in brainchip having ANY revenue this year. If they were expecting revenue in the next 6-12 months they would not have made this announcement at the very start of the year. Whilst it’s good to be prepared it appears SEAN is preparing for the worst which is NO new licenses and NO royalties.
should be a cracking AGM where I’m sure he will brag about his partnership program
BRN GOING BACK TO $ 2.00, page-25
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