BRN 1.28% 19.3¢ brainchip holdings ltd

Honeymoon party over

  1. 2,247 Posts.
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    It seems AZK honeymoon party is well and truly over.
    No doubt, brain –chip concept is good but still a lot of work required. This concept is in progress since 2007 and all of a sudden after few weeks in relation to exercising options, AZK announced ‘Milestone 1 achieved’
    This is not real. More so, it is ridiculous. I’m not sure whether AZK management team has adequate knowledge of brain-chip development.
    I’m not sure whether brain-chip development team is fully resourced to take research and development to the next level.
    Though, brain-chip development concept is good but it needs a lot of time. May be years of work from now.
    AZK would require a lot of cash. Therefore, present cash raising is not one-off to complete transaction but several would be required in the future.
    Not to mention risk would always be there as has since 2007.
    Keep watching….
 
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