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20.0¢ brainchip holdings ltd

I don't know how he's impressed with a business plan...

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moneyinmouth

3,243 Posts.

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29/10/19

09:32

Post #: 41114011
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Originally posted by Stanm3: ↑

Just a reminder, this quote was from around the same time...

"There was a question about how long the cash will last, you know at $700,000 a month, it's easy to do the math, and you also have to put in whatever your best judgment is on where you think we'll go with revenue, which our model has baked in, as I said, something nominally around $7 million, we'd love to overachieve"
"I would point you for a good model that's been developed in our last round that we did of, what was it, $21.5 million, it was done with Shaw and Partners. The research analyst there is very solid, he's written a very nice report, it has a financial model in it, it's got a revenue model. Thinking only of Brain Chip Studio and Brain Chip Accelerator, certainly 2018 is too early to start thinking about Akita revenue, but I think their model was something on the order of $7 million or so in 2018 revenue. I think it was a nice ground-up model, you know conversion of opportunities in the casino industry, conversion of opportunities in surveillance, so while those aren't our numbers, those are certainly numbers you can look to."

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I don't know how he's impressed with a business plan being made for the company..

Seems like one of the first things you do.

BRN Price at posting: 5.0¢ Sentiment: None Disclosure: Not Held
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