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Surely this new partnership means a new website / new app with a different name?
I think the good fortune of those in BIDS and their recent stellar rise means the profits there are coming here :) given the -10% drop over there on this RNS I think shorts will need to close now - we hope, although expect already closed.
This could be the prompt they need...
trust it's mainly the boyband fanboi's who've sold up in last 30 mins... should see this splashed over papers and specialist theatre sites over the weekend...
Definitely good news, no doubt about that. I'm now being greedy, I want more news on timescales and schedules.
The only rumour I remember is 'news soon'
Cant recall seeing anything re going into the theatre business. Can only see this as a positive and again new partner has an interest in seeing the SP rise.
They must also have trust that VR is the way to go.
parts 1,2 and 3.
Let's face it us LTH'rs needing something like this to give the sp a nice boost, and it has.
GLA
If you'd care to check my posting history I have mentioned that a fund raise was on the cards so it is no surprise and the price is only a premium because the company have failed to produce news to stop the decline in price.
This was leaked a few days ago from well known Twitter posters.
looks like extremely good news to me.
And the SP is up 15%
fundraise was way higher than today's sp so don't know why you're bleating? only pain now will be the 3point something holders selling off and putting the brakes on the rise...
most folk haven't a clue who john gore is... will take time for this to filter through...
A fund raise at 25% PREMIUM to the SP and we are entering a new market. Themis, give your head a wobble
RNS Number : 5633B
EVR Holdings PLC
07 June 2019
EVR Holdings plc
("EVR" or the "Company")
Strategic Partnership with John Gore Organization for Theatrical Content
New Equity Issue at 4.5p per share to raise GBP5.0 million
Issue of Option to potentially raise a further $10.0 million valuing the Company at GBP220m
EVR Holdings plc (AIM:EVRH), the leading creator of virtual reality entertainment content and operator of the MelodyVR platform, is pleased to announce that it has entered into a binding heads of terms for a strategic partnership with The John Gore Organisation, ("JGO") a leading developer, producer, distributor and marketer of Broadway theatre worldwide, via JGO's subsidiary; Broadway Channel LLC ("BCL").
The strategic partnership will see the creation of a new joint venture in order to facilitate the VR capture, production and distribution of Broadway theatre content globally. In addition, as part of this co-operation, JGO has provided a GBP5m investment commitment to the Company to underpin the success of the project and to further align both company's long-term strategic interests.
Under the leadership of 13-time Tony-winning theatre producer and owner John Gore, his family of companies which includes Broadway Across America, Broadway.com, The Broadway Channel, BroadwayBox.com, and Group Sales Box Office ("Broadway"), develops, produces and distributes live theatre content in 45 cities across North America, London's West End, Japan and China. Its Broadway.com platform has featured internationally recognised theatre productions such a Wicked and Disney's The Lion King and provides TV audiences with on-demand access around the world. Broadway has won Tony Awards in every producing category as well as numerous other Drama League, Drama Desk and Olivier Awards.
The first piece of content to be released under the strategic partnership is an exclusive experience featuring Joe Iconis, in which he takes viewers through a tour of the Tony Awards suite at Sofitel New York, before heading to his Tony nominated new musical Be More Chill. The content will be released in companion with the CBS special "At the Tony's" as the theatrical community gears up for Broadway's biggest night. The Be More Chill experience will be the first step in production-driven content. As a leader in capturing and distributing live concerts in VR, MelodyVR in partnership with John Gore and Broadway, is now creating the opportunity for the first Broadway show to be streamed straight to fans homes in full immersive virtual reality.
"A fund raise"
At 4.5p so at least its at a premium!
got the 4.5p now the selloff
A fund raise, what a surprise, after all their mention of having the cash, same old AIM
220 million - how much is that in SP then ?
WTF £220 Million valuation
Any views regarding the new RNS ???
BOOOOOOOOM!!! Absolutely made up with that RNS, something I have mooted before before and it is actually happening!! The market for theatre is absolutely massive and it is perfect for VR in my opinion this is simply sensational!!!
....Just happened.
I see what you mean now. Would only take 2 mins to add.
The link is on the 'about' tab, where I've found most channels put theirs.
Why would they announce that , they haven’t announced anything meaningful all year. Besides that would mean communication with shareholders. Melody don’t do that.