RE: Cash loss 800k26 Mar 2024 14:31
Hi Silversprings,
More than happy to respond to you, whilst I will be the first one to admit that things have not gone to plan what i find unpalatable is the comments made on here about Mark Epstein and how the SP is all his fault and that the roads he has taken us down have all been failures.
He is not likely to come out and tell people the whole story about the journey MOS has been on but one thing i can tell you categorically is that Bet, Talk and Capital Media would not be happening if were not for him, people can believe that or not, frankly i don't care.
People commenting on him going to Mexico on a " jolly " have literally no idea what has been involved in bringing this all together, it is months and months of work, long hours on phone calls and emails ( due to time difference ) and weeks away from his family - to suggest anything else is disingenuous and one the main reasons why i have no time for most people on here.
Coming back to your question of the NFT's, yes i think there perhaps is an argument to say too early into the market and it didn't pan out as expected for all types of reasons but again to point the finger and solely blame the BOD for this is wrong, with the NFT contacts there two parties to the deal, we could have held our end up but they might have held theirs up due to being busy on other projects which took priority - who knows ? - is it Mos's fault that Mexico didnt get further in the World Cup or that the federation probably didn't put as much effort into marketing as they should ? - no.
I am not looking to make excuses here I am looking to create balance.
We are still here albeit with a depressed SP with a fantastic opportunity ahead, the BOD didn't throw the towel in and walk away like Bidstack or sell a £5 million supposed asset for £200k ( gfin ) they battled on trying to create value and my view is that this is what they now have.
I am sure ME could have walked away from MOS with his Bet idea and done it alone under a separate company and made pots of money but no he did it all through MOS to ultimately benefit shareholders.
Do i think the NFT market is a dead duck ? - most definitely not.
With the Bitso web3 wallet on the way and the existing tie up's with football clubs together with them investing in the new venture opens up many avenue's for income streams with a new database, you only need to look at the value add slide i put a link to on here the other day to see that.
Am i happy with the SP - no
Do i think we have made a few mistakes - yes
Do i think communication could be better - yes
Do i think the BOD are doing the best they can to increase shareholder value - yes
Anyone who thinks there are no other investors in other shares are not in the same place but with less prospects are naive - AIM is a s**t show at the moment and even darlings like AVCT are suffering.
This is the last roll of the dice for me but i believe it will work and will work handsomely - we just have to let