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Hi Stampee1,
I can't answer that you'd need to ask the company.
Its not highlighting a Content provider, its highlighting a specific campaign for an advertiser in this case Martell & at least this time round it actually states when it took place (March 2024).
Its also highlighting this form of advertisement to the Alcoholic drinks industry & the short time frame required to run a summer campaign if they wanted to do that.
So if they were to put it in an RNS or such like they'd just be showing new areas that are starting to be adopt the VPP market.
LOTM
As Lumax says, why not officially stated as an RNS
Https://blog.mirriad.com/virtual-product-placement-for-alcohol-brands
LOTM
why do butt heads, repeat spin and repeat garbage...
utterly bile...
if you invest, don't complain if investment goes down...
whom are these people trying to bull****e? themselves?
why if over night you lose 50% of investment, because of greed. i'm sure allowed to vent my feeling's.
just sit their and take it my son, 😂
too many prison mentally idiots on here, just take it my son, same again tomorrow.
Again, a very different business to where it was then. Yes, lots of fluffy stats then on engagements and % of market, and to a degree now too, with US partnerships. The China exit and US pivot explains the revs comp you mention and a large reason for the current share price dilution / shares issuance journey is response - it's hard to truly understand how this all unfolded. We can be cynical or not. Agree that a clearer picture on remuneration structure / current holding would be good for us to see, but a CEO getting paid is hardly cause for rebellion. But all these questions / concerns will have been put to them by M&G, Rathbones/Investec, Odey AM (b4 bust) and they seem satisfied for the time being with nobody running for the exit. They will have have to given them better reassurances / insight into revs and breakeven points. While not the most compelling reason to remain invested, it does matter for the time being at least. Getting taken out from here has real legs. The knee-jerk attempt a year ago to find a buyer was far too short a window to find a serious prospective buyer, and another poor step by mgnt most likely. Agree, you'd wonder why it hasn't happened yet, but MIRI / VPP are still flying under the radar and DD by massive corps takes time.
And the next year revenue declines a little so their packages are worth over 50% of total revenues. Nah not a lifestyle business at all. Stephan in his previous roles would have been on £200k max, he's had a great time spreading the jam
And in that year you'll see just the CEO and CFO's packages were over £1m so close to 50% of total revenue FFS
Buythedip 3 years ago turnover was over 20% higher and they said this in the annual report -
60% Top 100 global advertisers are clients
Growing number of global RFIs
and RFPs
80/90% Major USA entertainment companies/major broadcasters in the UK, France
and Germany Partnerships, negotiations and engagements
The above was 3 years ago when they had some 200m shares in issue and soon to be 1bn with less revenue and more talks of break even at best IMO in 18 months so another raise needed and what nearer to 2bn shares??
Buythedip I only resent the chuckle bros egging all on to buy when they clearly have little experience in AIM PLCs, nor do they know the basics re accounting, AIM rules, role of NOMAD and thinking the BOD had other finance options except a crap raise although they spout mates rates. It's embarrassing and to waste time emailing such things and writing on LinkedIn would put people off investing as you'd think the co attracts numpties.
Another raise in H1 next year bang on, the question is i the share price higher and if programmatic continues to have slow take up it will be painful. Also, given their pathetic balance sheet and cash burn anyone thinking they might infringe on the IP won't care as there is no way MIRI can afford the lawyers to defend it.
So if from 12 months from the date of signing the agreement they thought it would generate £180k in revenue (last year’s total was £1.8m) they would issue an RNS.
It is not a material deal so is not subject to sn RNS. FYI a material deal is anything at or above 10% of prior year revenues.
I guess it is to be expected that AIM investors are in for a quick buck and on to the next one, and the next move in share price HAS to be meaningfully up, but if ppl can't handle their investments being down 50+% then maybe they shouldn't be investing in AIM stocks in the first place. While the latest placing price was a completely crock of $hit, if you are a LT investor, and not a retail bandito, than raising cash or waiting for clients to onboard and scale, while unwanted, is all jst short-term noise, as long as the LT prospects remain in tact - which they do for now. We can all throw around opinions on unweighted pipelines, guesstimates of breakeven dates in 25, H2 sales > H1, how much programmatic revenue has been booked or not, the likely rubbish terms of initial contracts and time to ramp up etc. But we know nothing. Trying to say the company is a lifestyle company, and mgnt are on the take, and that it is anything comparable to the company it was 3 years ago is just nonsense, and while MIRI has always had massive potential, and they do sound like a broken record, it has a very different kind of potential today vs 3 years ago. I feel for those who will likely never re-coup their investment here, but the resentment needs to stop and we all need to stay more LT focused and adjust accordingly based on developments that impact the LT picture, not the next 3 months.
With some more shows to integrate VPP in
Thanks for announcing Bell Media rather than Mirriad pulling their finger out
https://www.linkedin.com/feed/update/urn:li:activity:7193625971483181058?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A7193625971483181058%29
Yep the 2 rampers on here shut down any voices of reason and egged others on to buy more when a raise was nailed on. 2phevs posting about likes on LinkedIn FFS, it's a business network and business is incestuous so likes etc mean feck all as do the rampy posts they've put on LinkedIn for YEARS, any material news has to be subject to an RNS.
You carry on your way LL and I'll carry on my way not my thing normally but I've green coffined you and suggest anyone that doesn't want to see my posts does the same to me.
Just click the filter tab button just above posts and enter the exact (case sensitive) name of the poster
I mean LOTM sounds like he/she has been investing for a few weeks as seems clueless and out of their depth. Still gave advice to other mug punters. This was on advfn at 2.2p
-
Someone has offloaded a few, so if your wanting a top-up best to get the stock while you know its available.Or hover in case it goes lower.
LL, I remember when I was mocked for having a cautious view (labelled indirectly as "disgruntled" by you know who) and for only having 3% of my portfolio in MIRI and still choosing to sell-down to a lower percentage. There is something to be said for sticking strictly to RNSs and for critiquing unfulfilled/undelivered ambitions from series of RNSs. Shame so many people focus on hype and crazy speculation and not on actual revenue, cash and costs. Best wishes to all in their future investments.
Hey 2phevs (Allenby's nemesis haha) why before the GM, what difference does it make?
Had a response about MSFT webinar no show yet apparently the top guy that Mirriad deal with Steve Jarvis has got on Paternity leave and can't edit/clear it before release
1 down 7 to go explained the urgency for a clear understanding before going to the GM
Touché!
Should change his name to Richard.
Another piece of advice read regulated news (RNS) and ignore rampy LinkedIn as they have been doing that for years with no effect on revenu. Ignore LOTM and 2phevs who have shown they are even worse than your typical mug punter as mug punters so listen and learn. The questions you’ve asked have highlighted you shouldn’t be investing and don’t understand the machinations. Save your money and invest in much lower risk funds.
Don’t dismiss and belittle people who were trying to offer advice. Good luck to everyone holding and especially those who bought due to the 2 numpties on here.
Head of the rem committee is Bob Head
Yep it was pretty easy to work out his email
How do you get direct access to him? You just got his Mirriad email and been building a relationship?