Reproducing a post by LDJ (Post #: 74584508 , 3/7/24). Validates...

Reproducing a post by LDJ (Post #: 74584508 , 3/7/24). Validates company sponsored reports, eg the Pitt Street report. AThanks LDJ.
Read the below in conjunction with the actual report.
No one has been able to show with evidence any factually incorrect information in the report so be wary of the 'usual' posters bagging the report without providing actual evidence.
LDJ post below:
"Alliance Equity Research explain via their website what company-sponsored research (CSR) is and why employ the process:
Many companies have extremely bright prospects but still struggle to reach their fair valuation just because investors are “unaware".
”There always remains a void between the fair value of the company and the actual market value of the company, which can only be plugged by making investors aware of the company.
Through our company-sponsored research (CSR) program we help them get sufficient analyst coverage by producing and distributing in-depth, institutional-level equity research reports.
Our equity research reports are distributed to a wide number of institutional and retail investors through various well-known platforms, which helps improve the company’s liquidity, achieve fair valuation, and get easy access to capital.
Reason why Pitt Street Research valued Brainchip at $1.59 per share fully diluted.
Pitt Street Research used recent M&A valuations that have been paid for industry peers. (available in the 2021 report).
Intel acquired Israel-based start-up Habana Labs for US$2BN in 2019. When Intel acquired Habana Labs, this company had already launched the Goya chip for inference processing in September 2018 and the Gaudi chip for training in June 2019, but was not generating significant revenues just yet. (available in the 2021 report).
Today, BrainChip also has products on the market and has received license fees from multiple customers. In other words, we believe that US$2BN valuation for Habana is still a pretty good guide for BRN potential valuation at the moment. (available in the 2024 report)"