RE: Ibiza isn’t rocking29 Oct 2018 16:42
Puddin1006 has a valid point
Re: Equity swapping has been placed under revenue generation.
I completely understand, Its not direct sale of our APP, its tertiary effort - B2B and accounting trickery and all that.
So let's accept that and remove Today's £330K removed from 1.1 M / year.
We are left with around 670K Revenue generation
Starting from Second half of this year.
How do you feel with 670K for half a year ?
That for a year goes above 1 million.
If VR Adoption is still there then revenue generation couldnt have been in EVRH hands, solely.
So we have to give them that space.
On that basis - they couldnt have done better, ok fair
So could they have increased the value of the company in other ways not revenue wise ?
How do you feel about all other contracts with Cinemas, top downloaded bands of this age amongst many other things.
There's hardly any equity left in the markets.
Ibiza deal on itself might not be huge today and in a way MVR needs them more than they need us, that's how it looks - but that's alright - because today wont be here forever.
Spring next year - MVR will be on every RAVER'S eye sight and mind.
Time goes fairly quick, its looking good