Napster
its not just the name
we effectively got all their customers
and above all its about cornering US market
US is a multi multi trillion dollar market
marketing a new brand US will many fold more millions than acquiring Napster and using it.
I can afford to lose £33,000
so am happy to concede am the least intelligent here
you can keep your intelligence and wisdom
I will keep the money
learn19
you think I'll be wasting time on a company chat board where I have no interests or investments ?
that'd be akin to complaining about traffic condition in the capital of Kazakhstan where I dont effing live or drive
PHOOOOK that ****
possible reasons
1 - person is unemployed
2 - person has no hobbies or interests in life
4- does not have £33,000 him/her self to spend
5-control freak, dont realise people can throw their money as they wish
6-no family, friends or personal commitments
7- J E A L O U S
Only a dolt can think that IPO hinges on an online post on a single website.
Another joke added to
Gold Rising to 3000
Millionaires buying Tally
Lionsgold owns mines full of gold
Well I am not marketing expert so perhaps it’s not needed as a marketing tool - same for accounting reasons as of course there’s a cost etc to gigs
Then of course an artist has to be available and willing
But so far I failed to see why music industry would want to be quiet over festive season - in the end its their revenue source.
Having John Legend in the middle of chaos and pandemic ? what was the point of that ? compared to Christmas ?
Never installed it
lofa
seriously shouldn’t go without a gig -
we need to check if artists usually do anything around Xmas ?
and what about NYE ? isn’t there a DJ available for a show ? I can think of many
Dance music isn’t huge huge and mega huge over NYE and some British electronic music Artists/Duo/Bands should easily be available - Jimiroquai is already on MVR -
I seriously doubt everyone will decline the offer
People with Virgin Media wont even have to buy the gig - if they select it on Smart TV App - it will be added to their monthly bill
And same applies to audio stream for O2 customers
theatre definitely separate and should really be separate
ORLM
speaking for myself
and my investment in this sector + market + finally this company
the accounting details are neither here nor there
am not buying at 80p or 40p or even 20p
I am buying at 4p - extremely low
business should carry on - accounting will take care of it
it will bother me when sector + market + company had matured
Has anyone considered why Davis Partners would effectively buy £30million of MVR company
When people are complaining about 1 grand of their share
I think Davis is a right idiot throwing 30 million at MVR - total banker !
who knows
you can never be sure
the ASK isnt going down though -
4.3 will be met
Between the extremes of next best thing and absolute flop - there’s plenty of scope
Big Theatre is dead (covid)
When it’s up can 15% be sold content via MVR ?
Spotify comparison meaningless but MVR+Napster video+ concert at home.
Can that get us 15% more users ?
That’s direct consumer
Indirectly Virgin + O2 Telco - can 15% of broadband consumers be sold MVR+Napster ?
Can we sell MVR recordings and future live concerts to just 15% of existing Napster user base ?
Can we reduce spending by 25-30% by combining businesses
Opportunity cost of not having Napster ?
Will we have favourable exit for private investors in future ?
Besty if I accept your view then my utmost sincere advice to you would be to reduce your average - that will be best for you.
And that's what I did today although am not at all worried but I bought over 200K shares today, brought my average down.
Then give it a couple of weeks, you will be happier :)
all the best
you cant borrow 25 million for a business at 3%
specially in tech business because there are no old fashioned factories or assets banks could use to issue secured loans
so 3% is actually wrong for business
does it look good ? of course not cause no body wants to pay anything
but opportunity cost of building consumers by ourselves and letting something like Napster go is far too high - accounting costs I think its waste so long as we keep making money at this point
1. The Admission doc is full of utter crap.
You have never read a RNS of a SP500 company.
2. This share is a shorter delight.
So, why dont you short and make money instead of complaining ?
Actually you dont know how to short, a financial equity is put on short when its high, shorting at 18p would have made sense. but you werent here then were you ?
3. Only people who will get rich from this are AM and SH.
They are already rich, did you mean richer ? there are more players with almost equal shares - but you wouldnt know.
4. You guys better pray that Napster deal gets closed or this is going into the 2s and then the 1s.
Pray ? is that how you fix financial issues ? Napster deal has happened - wake up.
5. 13 days to keep this one above 4.3 or more shares being printed. Markert will hold us by our balls because of this.
Yep - that's why directors bought good £1m worth -
Today's Closing asking price is 4p.
6. Napster have 408k paying customers (lol!) what happened to the millions AM?
lol when did you last paid Google for search ?
Millions of users - equates advertisement money
Paid customers fully subscribed are always lower
7. Mvr think a metric of success is how many viewpoints people changed when watching a concert.
Agree concerts should not stop now
dont mention him please !
i just want business to continue
more and more and more and more concerts
and no gap during xmas/nye
however they run the back end i dont care
Nikki was one of the top force behind Spotify, if anyone can bring Spotify down it will be Nikki - Trojan :)
group name (the one listed) does not need to change the name
but the MUSIC APP will be Napster and it should be.
Theatre APP could be MVR or anythign really doesnt matter
look out for next hiring - I expect MVR to poach someone from US someone with huge credentials like Nikki
tbh Business matters, accounting doesnt
keep churning concerts until the eyes bleed