I understand your concern about mkt cap. You've probably haven't...

I understand your concern about mkt cap. You've probably haven't done enough research to understand the value of BRN. I take it you're mainly an ASX investor? ASX retail base usually don't boad well with valuing tech companies.

However, comparing IoT to BRN is a red alarm.

There's a reason why BRN has been above $100M mkt cap since the beginning. BrainChip has underlying AI IP that is to be priced by the ASX base at $100M. If BRN was listed in the US, it would be valued against private counter-parts e.g. BRN should be valued at comparable companies raising or exiting at series B, C, D rounds (that figure happens to be $400M USD+).

You cannot deny the fact that BRN has held this mkt cap for so long. Only way BRN falls to $15M is the day it's IP is no longer viable. We have a Silicon Valley veteran CEO, SVP who left a comfy $16B nasdaq company, one of the worlds only scientists who's developed patented SNN AI, COO who held higher up positions at F500 and a team of engineers which some have been poached from Intel and Qualcomm.

I'm sorry, BrainChip is completely isolated from any comparable on the ASX. It cannot be compared.