great responses and justification for holding but share price is...

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stock_kahuns

126 Posts.

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23/03/18

15:26

Post #: 31984036
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Originally posted by cyberworks ↑

SK, an interesting post. I'm sure a lot of things you've said strike a cord with many holders. But fair go, some of your comments are screaming out for a fact check.

“No one wants to risk there unlimited investment capital to develop this chip.”

Assume you're not aware that BRN completed an oversubscribed share placement of $21.5m in October last year. It was supported by many institutions. The capital raised was to provide among other things, the funds needed to develop the chip. Your comment is not true.

“ Its had some deep pockets from big corporations with virtually unlimited resources put there hand on it seen and study it.”

In respect of Peter's Snap64, this did have the capability of unsupervised learning. But it was really only proof of life on FPGA architecture. It wont be until the completion of the project to add JAST technology to the SNAP processor, that BrainChip will be able to offer the Akida product on FPGA mid 2018 and Silicon end 2018 early 2019. So in respect of Akida the Chip doesn't exist yet. So your comment's not true.

“BRN has a market cap of 170 million if these companies like Cisco thought for one clock pulse it had any potential after 3 or 4 years it would be snapped up by now? 3 or 4 years in this space is like 20 years elsewhere. 170 mil is pocket change to the big guns in corporate land “

Interesting point. Who knows maybe they've already fielded offers from some big players. If there were offers at this point you would bet they would not be enough. Lets face it, nobody really knows what's gone on behind the scenes. The other issue of course is that a chip with the capability of Akida which has the ability to do all it's the processing utilizing SNN IP on the CHIP itself (repeat on the chip itself) is a pretty difficult rabbit to pull out of any hat. Intel can't do that. No one has achieved this yet. The behemoths maybe keeping their money in their pockets until BRN pulls this groundbreaking milestone off itself. So I don't believe your above point is true either.

Cheers

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great responses and justification for holding but share price is going down past a comfortable level of support . Forum people happy to hear and like your responses but a lot of the real world people are voting with their wallets
I don't need thumbs I just want to give an objective view and peoples can see my post and I think if you followed me (except for BRN) you would be making money.

Time will tell I hope I am wrong.

BRN Price at posting: 17.5¢ Sentiment: Sell Disclosure: Not Held
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Last 13.8¢		Change 0.003(1.85%)		Mkt cap ! $307.2M

Open	High	Low	Volume
13.5¢	14.0¢	13.0¢	2.676M

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Vol.	Price($)
15000	13.5¢

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Price($)	Vol.
14.0¢	1654135

Last trade - 16.10pm 07/08/2026 (20 minute delay)

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great responses and justification for holding but share price is...

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