Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Agree with all you say LowiePete. There is a subset of long term investors here who, far from being "morons" have researched to the extent that they can confidently dismiss the negativity some spout here. There are a few topics mentioned here recently that, should you be so inclined and research more deeply than the first few results on Google would leave you gobsmacked. It's all there for anyone to find. Just have to dig.
haven't we already got a subscription thing going with O2 -- their customers were given a 12-month subscription to MelodyVR when 5G rolled out.
and O2 are paying them guaranteed money so presumably its an exclusive thing. maybe they have to wait for it to end before they can open it up to everybody.
haven't we already got a subscription thing going with O2 -- their customers were given a 12-month subscription to MelodyVR when 5G rolled out.
and O2 are paying them guaranteed money so presumably its an exclusive thing. maybe they have to wait for it to end before they can open it up to everybody.
It's a mistake to think that MVR's catalogue of VR recordings is "huge". Compared to the breadth of the music industry, it barely causes a ripple! To be viable, especially to potential subscribers, it'll probably need to multiply its content. No-one is going to be pleased to subscribe to a service where the total content by a single favoured artist amounts to an hour's worth of viewing.
The present hiatus really puts a dent into the catalogue creation, hence the recent fundraise. No-one will want to watch a theatre performance without an audience to be part of and participate with. Else, as I've said before, it looks like watching a naff dress-rehearsal. With the rakings-in that JG wants to make, nothing short of a full performance with every single VR jump-point being active will do.
If you're worried about the company, then the DYOR mantra reigns! For several LTHs, this is a buy and forget share to put away in an ISA. We have enough belief in the BoD and the tech to not worry too much. However, everyone's risk threshold is different and no-one but yourself can make that assessment. If your thought is of the MVR catalogue being huge, then some real understanding of the music industry is probably your research starting point.
Sorry. Post below riddled with grammar and typo errors!!
Hi Lowiepete.
Thanks for your post.
Whilst I fully appreciate both patience and point of execution is critical I am slightly concerned and confused why so much is being held back.
Of course, because all will be released upon subscription. I just wonder, why haven’t we gone to subscription yet? Surely it’s not that complexed.
Every other post mace stated ‘DYOR’..... Well I’m doing this and want to scratch a little more than the surface here with regards to this huge catalogue they hold.
Other than their ‘word’, what else do we have? I’m just asking for assistance here to help give me confidence that this exists and perhaps there’s something out there of greater substance that can help elevate my concerns that if perhaps doesn’t exist...
As an investor this is a fair question and course of action to follow through with?
Apologies for the double-post - wifi is a tad busy...
The only thing that's missing from that assessment is a good dose of patience! It takes time to build a reputable library of original material from scratch. If you go too soon, you disappoint users by not meeting their imagined expectations (remember, in their ignorance, they might well compare this app to a very well known streaming service) and bad news / reputations travel fast and stick!
All this baying for release of this or that material is totally premature. The high-flyers getting paid big bucks are fully aware of when the right time to press the "Go" button will be. They cannot afford to get it wrong as it'll stain their reputations forever.
As for dilution, that has been very well mitigated by share sales from the top bods, simply to keep the petty cash tin well topped-up. That's something to thank them for, not criticise! It has enabled MVR to continue to build their library without either a fund-raise or seeing the company bled dry by shorters.
The current situation changes nothing about the "going too soon" aspect. There will only be a "too late" if another operator manages to catch up or overtake MVR progress. That's unlikely, meaning that MVR have the march stolen and can afford a forced pause - at least they have a budget for it, with very strong support.
I emphasise my opening gambit!
Happy Easter everyone and please stay home!
The only thing that's missing from that assessment is a good dose of patience! It takes time to build a reputable library of original material from scratch. If you go too soon, you disappoint users by not meeting their imagined expectations (remember, in their ignorance, they might well compare this app to a very well known streaming service) and bad news / reputations travel fast and stick!
All this baying for release of this or that material is totally premature. The high-flyers getting paid big bucks are fully aware of when the right time to press the "Go" button will be. They cannot afford to get it wrong as it'll stain their reputations forever.
As for dilution, that has been very well mitigated by share sales from the top bods, simply to keep the petty cash tin well topped-up. That's something to thank them for, not criticise! It has enabled MVR to continue to build their library without either a fund-raise or seeing the company bled dry by shorters.
The current situation changes nothing about the "going too soon" aspect. There will only be a "too late" if another operator manages to catch up or overtake MVR progress. That's unlikely, meaning that MVR have the march stolen and can afford a forced pause - at least they have a budget for it, with very strong support.
I emphasise my opening gambit!
Happy Easter everyone and please stay home!
Hello fella,
Decent post that and pretty much bang on in my eyes. It could be the wine talking or the hot sun but you’re alright ??
We do have assets but so does any company.
We have agreements we haven’t exploited,technologies we haven’t launched;content we haven’t launched;a reputation for dithering;goodwill that is ebbing away,investors that are running out of patience and cash we have raised by giving away shares.Not forgetting a top team paid a fortune for doing nothing too quickly.
We have no debt though and probably a good buyout value too.