Member Info for AlbertPode

N & G hold 364 million shares - they sold a few - but at 12.3% they are hardly in a position to take over the company.
We calculated that they have paid an average of 1.48p, so to double their money it would only have to reach a shade under 3p.
That would give AM and SH a return of £4.74m and £3.6m on their shares respectively. Their outstanding options/warrants would hardly be worth bothering with. I don't think so.

Best let the new app take it's course. Await the 2021 H1 figures, then FY2021, then 2022H1.
We wouldn't really want to exit at 3p. In any case, as has been discussed on here before, the company probably already has a value in mind.

All IMO

Steady on Lord.
Your boys won't get out of bed unless they can bang at least four in.
We've got to play you soon..........Help !

Re Spotify.
I think by the time MVR/NAPS have got the new app as they want it, it will be like comparing 'ripen at home' - (they never do) with the finest strawbs. (that's NAPS).
Napster are addressing the problem of compensating artists fairly, including songwriters who are now wanting their fair share. SPOT have found it difficult making a profit while paying artists a pittance.

AM said MVR/NAPS are 'looking for new things to do'
Are Spotify? Whilst they seem to want to embrace immersiveVR, two efforts so far haven't exactly set the world alight.
VRtify a few years ago just fizzled out. And as for Dri(i)ft . - It just gave us a good laugh. And Spotify a headache - whether to dump them.

With 487 million streaming users, what %age of the do NAPS need to be a successful, viable business? Even before MelodyVR is included.

Good Lord, it's Lord !
Where the hell have you been?
I think Horse was missing you ?!? LOL.

Agree Croydon, good interview - aimed at larger investors IMO.
It's a case of reading between the lines with AM. He's not going to go giving all the new app secrets away, and has already said so.

2021 H1 numbers will be out end of next month.
It will almost exclusively be about Napster's streaming , but it looks promising.

Meanwhile N & G hover with their 364 million holding. Interesting !

Themis, while I'm still on here.
They're not going to fly to the stars on lifestyle.
We might have skin in the game, but they have 158m and 120m shares respectively. That is where their potential fortune lies.

Yes, that's the trouble. There's too much 'parroting' on here.
Well, you should know !

Sorry if you were embarrassed.
Well no, I'm not really. That was the idea.

Get back to your Ladybird Book, Londondan.

Brilliant observation !!
You haven't got the faintest idea what Equitory are doing. Not surprising when insight isn't a strongpoint.
The 'strategy' which they are instrumental in brokering, is towards an exit, longer term.
Read the RNSs. Watch the presentations. The clues are all there.

And don't get all mardy simply because they don't reply to your emails. If they tell you everything they are planning, they are telling the whole world. There is no sense in that.

RBBe
You wouldn't give Offler an 'A' for anything.
Typical of the de-ramping fare we get on here - bland, repetitive, and always having to try too hard to be funny.

You just get a better class of poster with the Napster Bulls !

Hi Italian
The latest conversion was just the news we wanted to shoot down the bears with.

N & G, who seem to be under-estimated by some, are now the largest shareholders with nearly 50% more shares than the next largest holders. How is that a negative?
And forget dilution. It comes with the territory.

No-one is saying the CLN route hasn't been aa bumpy road. But it's about to be tarmacked !

Offler
Wouldn't that have been a good move?
It wouldn't have sunk, would it ??

Tangible examples to the contrary, Londondan?
I don't think The Four Horsemen did 'tangible examples to the contrary.' I don't suppose they even knew what it meant. They were only a bunch of simple doom mongers after all, to be taken with a pinch of salt - well, maybe a bucketful.

Always wondered what happened to the Four Horsemen of the Apocalypse.
They posted on here today.

Apocryphal - Untrue, invented, of doubtful authenticity.

Themis
It's as I see it. I did qualify it with IMO.
We are all shareholders, with the intention of 'making money out of NAPS', as you put it. Are we not ?

Not seeing that N & G/Equitory have been working together shows naivety.
Whilst Equitory are London based, Clara Melia lives in Switzerland as do N & G. They have probably been acquainted for years, and they both made their Napster presence at roughly the same time.

It's pointless whinging about lack of news. It is what it is. But do you really suppose they are not doing anything under the radar? It's best kept there. No advantage in letting the whole world know what you're doing.
Remember what AM said in the last presentation when asked by the lady presenter about forthcoming key milestones. 'I have to be careful what I'm saying.'

Sorry for the late reply Italian.
They have now converted four tranches at four different prices. Each one more sizable and at a cheaper price than the last. Manipulation or what !! Anyway 1.48p is about what I made it.

TBH, I was more than happy to see the latest - and largest - conversion. They must be getting some positives here.
And at 12.3% it may be the end of their activity - at least with the shares.

Without going over what I have said before, I still can't get away from the fact they are working closely with Equitory on a future M & A strategy.
There are hurdles to clear i.e. 2021 H1, the new app, FY 2021, and 2022 H1. All of which will take us up to a year from now.
It almost looks like N & G/Equitory have taken over the reins - unofficially at least. Whatever, they are all over this.

All IMO.

GLR1990
Following the RNS of 1 July, their holding stood at 164,671,841. So they had slightly reduced.
They are now buying 200m which brings it to 363,671,841.
There are now 2,962,9456,547 shares in issue.
I make that 12.3%. - 12.2% if you want to round it down.
As things stand they are our largest holders by some way.

Horse
N & G's commitment is worth the dilution.
They didn't HAVE to do this.
They now hold 364 million shares - 12.3%. It would be interesting to know why.

Yes MrH
There is only so many times you can say it, which is why I haven't posted much lately. But the bears wont's listen.
Actually the bears on here are B's (bears without ears).

All the 3%-plus holders are still in, including the founders. That has to mean something. AM has even mentioned a take out recently, and it's the way business works anyway.

My thoughts are we may be looking towards this time next year.
2022 H1 report should be out around end-September 2022. This will include 18 months of integrated Napster streaming together with Melody's immersive VR which could be almost anything. Whatever, there should be some solid numbers to work with.
IMO I think they will want to do small one-artiste shows in front of up to 1000 or so fans, rather than large festivals. There seems to be a growing liking for this with performers, and it is potentially far more lucrative.

Mel
I'm guessing that maybe someone at he company has been rude to you. If so, there is no excuse for that.

I agree the comms are awful. Melody ended up with far more PI's than they bargained for and the attitude is cavalier e.g. the fundraises via placings. A discounted rights issue would have been the fairest way to do it.

The 20% tanking on Monday didn't make any sense. Normally this would have been associated with a sea of red 'sells'. But it wasn't , and business was two-way not far off 50-50.
So IMO, this shouted out tree-shake, done primarily for N & G, but with others buying cheap shares as well .

I can see AM handing over the wheel eventually, but only in the sense that the company is on course for a take out.

There are clues:-

AM recently mentioned take out for the first time that I can recall in (I think) the last presentation.
The Equitory involvement. Their strategy includes more than just introducing N & G, and M & A is in their repertoire.
Similarly the new NOMADS, who have a specialist M & A department.
The founders' holdings. AM and SH have a fortune tied up in their shares, of which they still hold around eighty per cent of their original total.

All IMO

Mycool
You were on here twice last May.
Even you don't find your posts very memorable !

The slide started in early February following the N & G and Equitory announcements.
It's tanked today following the two early RNSs.
A classic tree-shake IMO. What other explanation ?