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Lordfont, you are an unbelievable ramper, just who predicts 20 soon?
Modeller
your sticking out like a sore thumb .
all the news/info is positive , all pundits predict 20 soon , unless you have any info to convince / show you have any idea of what is going on your posts are inaccurate and arrogant .
Hi Bonker been banging on about all the major companies involved with melody for ages . These people are not thick the see some massive potential here not just in increased value but constant revenue stream for their companies and artists . Just taken snd a global pandemic for it to gain traction. Next few week we will see the big artists arrive with there massive online followings . All imo of course
Someone knows their 14x table ;)
rather more to the point than my offering bonker.good man!
This Wandisco?
https://imgur.com/a/DkiDQvw
Depends on when you got in doesn't it? If you wait until there's already millions of users then you're paying many times more to get in, possibly at the top to boot - this game is about tomorrow, not today as I'm sure you know.
Say, talking about what you know - given you created this account two weeks before the 3.75p placing was announced, could it possibly be that, actually, you know quite a bit more that you're not telling, hence the (oh so obvious) constant talking of your own book on here?
Fill us all in please - what motivated you to create this account on March 10th with the sole purpose of slating the company/share?
lets see the numbers when ticketmaster email their users.....
Melody VR has dropped to 124 in the Apple MUSIC app chart, you're a wee way off "30 million super-engaged" users poppet.
Check out the Californians investment into WANdisco - hardly meteoric
"Noam Bardin, Ehud Shabtai, Amir Shinar and Samuel Keret were all sick of sitting in traffic. They wanted a real-time, reliable way to report and share traffic information when they were stuck in the middle of it. They created a clever app that allowed users to do just that. Within a few years their app, Waze, amassed 30 million super-engaged users around the world, and developed its own unique mapping technology. Despite the fact that they were making zero revenues, Google acquired the company for a cool $1.1 billion in 2013."
Sometimes it's not just about the current revenue, it could be the idea, the licenses, the synergy of the IP/tech with another idea.
The California-based hedge funds who bought in $Large here in the Spring obviously have some idea about value and, as likely as not, they're "better informed" about how this may go in H2 given they're just down the road from Silicon Valley and LA ...
TM. There is no expected placement in the immediate future. You made that up. They have around a years funds after the last placement.
The recent announcement means the they will now be generating revenue to offset the costs so your scaremongering ain’t going to work
Keep making yourself look stupid. We will all laugh at you whilst the business and SP grows.
Good morning Henry, all,
Your post on the need for a new placing really is the pachyderm in the parlour (also herein for ease of reference). The cash burn of this company has always been inordinately high and its recent transatlantic excursions will have dramatically increased the run rate. I also believe a new placement is 'inevitable', and would be staggered if the mechanics for this are not already in play.
But will this be at a lower level than the current share price? This will be informed by the proprietary information of the terms executed with Live Nation. The PR refers to partnership but the balance of power in this relationship is unquestionably with the c.$10bn Live Nation and they won't have taken prisoners. bonker99 appears sanguine about the future but anyone who forecasts a value of ~ £1bn to MelodyVR, given it generated annual revenues of £195k in 2019, plainly does not let the truth get in the way of a good story.
Caveat emptor ...
Best wishes,
- TM
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Just a couple of thoughts: it seems that Melody will have to do a lot of work now. According to my estimation, Melody has £8-10m on its accounts now. They spent about £1.2m per months before (without private studios). I would expect that their expenses will increase. I think a new placement is inevitable. I hope that new money will be sourced from LN strengthening the relationships between the companies. The expected placement can explain large today's sells holding the SP and reducing the cost of new assets for LN. Thoughts?
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Well if it’s 50 p I’m a very happy man been accumulating these for 3 years now a large holding. Been sat waiting believe in the tech the company and the very unique position it now finds itself in . Win win all round
Nice one bonker good post
Good answer Lofas :-)
Thank you very much Bonker , most on here will appreciate it . i do .
@lordfont
Placings can and do happen on AIM as we all know but they're not necessarily done at a lower price than the current SP.
They dumped MVR (EVRH) to 2s ahead of a placing they would already have known about at 3.75p at the end of March at a 22% premium to the prevailing SP.
There's no chance of a dump from here after that news but you may well see another premium paid for big(ger) players to get on-board again.
A forward-sold placing? Possibly but then they usually rocket the SP to offload ahead of the placing announcement and this has only gone up half a penny recently.
Sit on your hands IMO - who knows what happens next but they could have a ton of blockbuster news to drop over the coming days/weeks.
Note the California, USA hedge funds buying in $Large in April after the 3.75p placing and around the time that Apple bought out NextVR - who knows what they know over there eh?
Stick with it IMO and don't sweat the pennies - I like 50p here if they give it the big un ...
Lofas
Great board here .
Ditto.
Hopefully your recent constant negativity on a share you profess to own is behind you now too Lofas.
Fingers crossed.
After 3+ long years Its difficult to say goodbye. Frustrations, I hope are now behind us. Massive announcement today, most significant since my first purchase. Hope it becomes a mainstream tech.
Lofas must say nice to see you get behind our investment .
Mels e-mail is how we all see it , when do we sell is the next round of debate . you staying to 20 -------------------------
Aug...31 long days. Pencil a date in the Callander :-)
LF,
I think last injection is sufficient To finance the coming activities and 2020 in general. It will be a disappointment if dilution occurs where SP below 8. Let’s hope AM can hold for at least after releases of the coming LN events.
What a day, MelodyVR partners with the world’s largest ‘Event company’, already having the John Gore partnership one of the largest‘ theatre company’, and a deal with one of the largest manufacturers of VR headset being Oculus, and to top it off, 3 named venues for artists to perform and to Monetise our APP!! “Funny how good things come to those who wait”!! It must be said, a few traders have lived off the backs of some speculative investors for the last 3 or 4 years during the evolution of EVRH, however I do believe from August 2020 the long term holders of MelodyVR Group will have the last laugh!! Keep hold of those shares MelodyVR is about to become a household name!! GLA