Member Info for BrownAdder

The reason is Napster is slowly under cutting all other providers

that's one reason

The main obvious reason is the geographical laws - US is a nightmare

That's interesting, any more to it or just taht

First problem is that we as investors took the risk
So we were the first fools lol

The second problem is all this talk about solving global problems lol

We had someone who was trying to fix the global economy using gold from his unsold uncategorised book to now his untenable position so he is gone.

Then we have CP who has no qualification, experience or expertise in any aspect of finance and definitely not even micro nevermind macro issues.

He posted a vague tweet yesterday
14 retweets and likes from desperate shareholders

There is no level of expertise at all to launch a banking service of any standard.

ok
so here's my fair criticism of the tweet

more people die of hunger than anything else on this planet

do I think of that when I am buying my staple food

as for no hidden fees and those extreme claims
that's just desperate

people do not mind a decent fee for an excellent service

talk about the product
and forget the global picture
no body gives a toss

FX - well that was the only scenario I was harping about from the day one
Tally could have slowly annihilated all FX transfers specially to top 4 countries

but this is by the by now

anyway will see what happens, does not seem impressive - sorry to say

I dont think its "certain" that share price will continue to decline.

SP can move on other news - not linked to APP release.

Waiting for 1.5p

N&G game has backfired on them
unless this was the only way for Equitory to get investors at under 2p

who knows

Oweowe1980

If you have a window of 12 months then buy

1.5 from here looks likely

sorry I should have stated Profit and not revenue

Marketing has started albeit within the industry, its probably in the form of co-work with records label more than anything else but eventually feeds through to other segments.

Customer marketing wont start until product is ready to be launched.

They have a job to create a platform which combines Youtube+Spotify together with new features which removes existing hurdles for customers.

On top of which it guarantees bigger returns for the record labels.

Napster earnings will be relying on advertisement more than streaming income.

Second big margin will be on concerts.

Video streaming can be huge nothing to stop adding movies and or entertainment programs specially as Theatre is already added.

Lockdown has ended.

come on folks, no point having a go at each other

While almost all of the VR companies and VR competitors of MelodyVR have folded - and/or were forced to sell due to market conditions.

What we need to realise that financially failed VR companies have not gone bust / disappeared but have been bought cheaply and utilised for when the market picks up again.

Venture groups cant just do that with now Napster.

You cannot even go to market and pick up the majority of the shares to force a takeover.

I do not have exact figures but decent 60-70% is locked up,
no big name has jumped ship - yet -

Never mind the man-made judicial system.
It might not appear on their radar.

But eventually life gets these people, what goes around comes around and when it does

so we invest with our money and then apologise
lol

that's got to be the new investment guideline which every big school should adopt
cause surely CP will get a seat at the global banking
after he was removed from the other bank

I am not sure what to say.

My observations, reflections about this company and product are merely my understandings.

You are giving me far too much weightage and value - for which I can thank you - but I only respond, I do not create any circumstance, I am not leading or managing any part of this company.

A very small chance for return, yes that exists, 5-10% ?
For people to get their money back,

Yes fair enough.

But that's hardly a topic to talk about that's more like a desperate hope and prayer?

You tell me what sort of a conversation I can have on 5-10% possible

But yes I understand your point - be relieved that my words will not decide what happens, it will be the actual team and product from this company which will decide your money back - for which I am not responsible

3x - 4x is the lower end of returns which we can assume and hope N&G would like to attain.

This I believe is suitable for a PI to look after their own return, interests and exit.

As for what funds can do and would like to do - we cant be certain.

N&G website states 18 month deal with Napster.
Let's see if we get a new broker based in US or with substantial US standing

I think N&G are still overexposed at around ~7%
but that, I would guess is to help them take a front table to influence any decisions.

3 fold or 4 fold, whatever their game is
now they have to lift the SP or forever be doomed

It's now N&G's job to get this up few folds - from their purchase price - so they can cash on their investment.

yes but it wont happen today or now

back to 0.25

I have a very stable exit strategy from here.
So, to reiterate my average is very very healthy.

If company does not do well, then at least N&G will - so one can ride on their back.

btw all calculations change over the time, so no point being stuck at one place, we are trading shares - not dealing with universal constant like the speed of light. stay flexible and chill

I Am not getting fooled

The list of things has been ever growing and previous milestones havent been met.

They cant even shift the mining contracts after a year.

This is a vessel to off load dodgey money, not a single reputable institute or organisation has backed this company.
CP was removed out of that whatever bank it was and the other main man, who couldnt sell his books has jumped off the ship as well.
The old directors who created the mess are back while the earnings are 20K

Meanwhile the competitors are flying over the moon with huge backings from both public and organisations.

The company is shady
The leader is untrustworthy
The product has no demand and no uniqueness

It will all fold in a few years like any other business