The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Thought I'd share this video for anyone who's not seen it. Facebooks "Oculas for business" has selected us as ISV partners for anyone who doesn't know. The IVS program is mentioned at the end of this video. At the start of the video though there are some impressive stats about the size of the emerging VR market for training and in the workplace along with a great demo of the effectiveness of VR training.
https://youtu.be/PRi-JPQBc-c
The one downside at the moment is that the "Oculas for Business" seems to be delayed although I understand Facebook have some giants (DHL, Amazon etc) signed up already.
Also, I was just looking through the old posts here, I would not be worried about dilution via placings, I would rather us be well capitalized as a business and attract the best and the brightest. These are billion $ markets we are targeting here, having 3 mill in the bank with a 20% dilution I would find perfectly acceptable. Capital is needed to create value and it has to come from somewhere, while the good news and contracts are flowing we do not want the board to be concerned with cash flow.
I get why people don't like dilution, but they have a bad rep because of dodgy oil companies et al. In our case if we need it to keep ahead of the game I hope they don't hesitate to raise. I've not doubt we would see the value instantly increase our MCAP anyway if it mean't financial security through the next (crucial) 18 months.
Just my take anyways.
Looks good, will have to sit in on a few. Just been looking at the Twitter feed too, looks like we're hiring. Check out the fireman simulator too if you've not seen it. Really shows the potential of VR for training, amazing stuff.
FYI to all investors about VRE's Engage list of events : https://app.engagevr.io/events/public. I just came across these and will most certainly be looking in - good for investor research - IMO.
YEP! a lot of people will kick them selves over their slowness to cash in.
Only found out about VRE over the weekend and really liking what I see so far. The experience revenues alone look set to more than justify our Mcap. With the partner list and Engage platform falling into place I've no doubt things are going to get exciting here. Started looking to buy an all in one Oculas quest, waiting list until end of June so looks like mass VR adoption is well underway.
ENGAGE is an advanced virtual reality education and training platform that makes it easy to collaborate and learn in VR. It enables educational institutes and businesses to host classes, conferences, private lessons and presentations with people from across the world in a safe & multi-user environment.
Don't know about going pop, but we may see a bit more out of it this afternoon, quite a few buys showing and all equal at 1-1 on the scoreboard.
This is going to pass go in a big way!
cool.
And this one:
https://www.thisismoney.co.uk/money/investing/article-8237057/SMALL-CAP-SHARE-IDEAS-VR-Education-prime-spot-demand-virtual-meetings-lifts-off.html
Nice article in Daily Mail talking about this taking off and referring to link with HTC
Looks like some interest for tomorrows Engage tutorial
Wednesday?, ?April? ?22?, ?2020
11:00
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EXPLORING ENGAGE
A hands-on lesson in which attendees experience the various features available on the ENGAGE platform
Host: Roisin Moran | Attendees: 21 |
Many schools have been forced to close their doors due to the recent coronavirus pandemic. This is having an effect of how students are learning. Remote learning has become the only way that students can continue their studies.
With an increased demand for remote learning solutions, VictoryXR, a US-based company will begin using the ENGAGE platform to help support students affected by the coronavirus pandemic. VictoryXR specializes in US-based science curriculum content and virtual animal dissections, both in the VR and AR space. To date the company has created more than 240 unique VR and AR learning experience.
Teachers will be able to run live virtual classes using ENGAGE and the imported content library from VictoryXR. Lessons will also be available for replay via the ENGAGE platform.
“VictoryXR is taking school inside virtual reality with ENGAGE. Students will learn with the best teachers and have the best learning labs, all in an interactive virtual world,” said Steve Grubbs, CEO of VictoryXR. “We view ENGAGE as the platform, much like the iPhone is the platform for world of apps. VictoryXR will build a VR school curriculum app on top of this platform which gives every school and every student access to the best equipment, the best teachers and the most effective learning.”
all those kids needing remote learning
Not sure if the dates can be relied upon, but Morningstar are showing the final results as coming out next week, the annual report the week after that, and the AGM the week after that. Should be an interesting few weeks.
With the company's exposure via its conference & hope fully some sales in the past three months & the next three plus perhaps some funds from the latest US deal, I would hope the cash position will have improved. I hope the company won't think it's an opportunity to raise cash for further expansion as they would put it, with the shares double what they were a few months back.
I invested just over two years ago when they first came onto the market as an EIS share at 10p, pretty well exactly where they are now. I am hoping that with its high profile & partnerships in such a field with huge potential, it will come out with some really good figures & statement of future prospects.
You have to be an optimist in these sort of markets!
I have watched this company for a while and am thinking about belatedly taking a position. It appears to be a good company with outstanding prospects and in the right place at the right time. The one thing that is holding me back is my concerns over their cash position. In the January trading up date it stated that it had a cash balances of £1.29m which on current burn rate of £0.2 million per month would give it enough cash up until end of June. Unless this position has improved over recent months it would appear a rights issue or placing could be expected in the near future. Grateful for views on this possibility before I decide whether to take the plunge or not. Another possibility of course could be a takeover (or investment) by one of the big players which has been suggested on the these pages. Anyway grateful for any views people may have on this.
With Numerous Companies, watch the interview.
Constant newsflow incoming here, and as I’ve posted previously, this Company will be bought out pretty quickly by a big player.
Would be a great way to use the VRE tech possibilities endless.
And the rns is now showing on here and chat is back up. Better late than never.
Todays chat seems to have been taken down? No rns showing, now the chat has been removed. must be 5G interfering !.
There’s simply very little stock.
On the Victory XR website.
Gives an Indication of potential just off this one agreement.
Lots of news to come in this space.
Great rns here today, pity its not shown on the LSE platform. heading up the risers board now which may bring some further interest.