Live Company Share Price (LVCG)

There’s a massive turnaround story here and good progress is being made on its delivery IMO

Since the takeover of the new businesses last December, LVCG have already taken more in revenue from the new divisions than it paid DC in consideration (the vast majority which was done in share at 10p). That included existing contracts for the cycling (£1 million recurring annual revenue and all the costs paid by the sponsors) and the volvo ocean race stopover. But that procurement included the promise of securing a formula e race in Cape Town and an efest to go with it.

Since then they have done a deal with messe frankfurt and released an outline heads of terms to deliver the efest.

Delivered an agreement for 5 years with a 5 year extension to host formula e in Cape Town.

Made significant progress on the planning for the efest golf tournament and also on the concept of the efest along with a climate change conference and a pop concert.

Made further links to the biggest boy band on the planet (you know the ones that sponsor Formula E and are in involved in start art)

So in less than 8 months, having laid out a plan, they have made some pretty solid progress to actually delivering it.

Oh and let’s not forget that DC seems well on his way to getting the efest concept adopted by other host cities on the formula e circuit. He seems pretty instraumental in helping formala e executives and Seoul gain a spot on the calendar next year too.

Where is all the news? You mean aside from

13 July Formula E 10 year deal to host race in Cape Town (100% owned by LVCG)

6 July major new contract with Singapore zoo (worth around £0.5 million)

25 June major new contract with capron zoo

24 June new contract in Italy

22 June update on start art investment

22 June events in 2021 (that;s close to £1.5 million in bricklive rentals announced in that RNS)

4 June Wolverhampton art gallery contract

And then there is the entry fees for the cycling event which will have brought them in close to £0.5 million

This company promises a lot but delivers nothing. Where is all the news promised? All the deals? All this money invested into this new art company?

This share was worth double this price in April with not a lot happening. Now we have Bricklive found really well; Racing; Cycling; Kpop; NFTs and routes into Asia

It’s baffling it really is

I heard that the Singapore Zoo contract was actually for £0.5 million. That’s better than I thought.