Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
If I remember rightly (and without looking it up), the GFIN deal was something to do with them having skills that MOS didn't at the time. Hopefully someone else can add more detail here.
NFTs - I don't fully understand the attraction of them either, but those that do seem to be mad keen! The Puma's release was sold out in rapid time, and there is already a lot of buzz about future ones. A lot of people seem to be waiting for the Dani Alves Pumas release, and are also happy buying packs. My assessment is that the enthusiasm will continue to build in this space, as there is a lot of NFT business happening across the world. MOS are in it at a good time and now have the marketplace to gain 5% from everything, even after the initial sale. I also assume Mexico FA is a similar project for the World Cup and as the first NFT release for Mexico, this will get a lot of attention. I relate it to the first football sticker albums back in the day that are still madly popular today, and the old ones are steadily rising in value. Age of the NFT is important here, from what I understand.
Can't argue with most of your points there Guzzler. Sentiment is at an all time low and I definitely didn't buy in to be diluted like this.
To play devils advocate though - what if the LiveScores and affiliate bits still look positive, but the NFT market is so much more attractive that it doesn't make sense with the limited funds to focus on the old stuff because the NFT stuff will blow it out of the water. Food for thought!
When I watched the investor presentation last night it seemed Nigel was much more involved and responsible for the placing detail that ME was. ME seems focussed on contract delivery - which is the part that appears to be going well. However, I believe in the team as a whole! So much so, I topped up over 7m shares this morning!
I do agree though - the "get in the car" comments were poorly timed and poorly received. I'm sure he has learnt from that!
I politely disagree about ME. I think he is in a massively difficult position at present but I can't see anything recently that casts my personal doubt that he is doing the best job long-term for the company.
If these contracts are on the table, it's because of the positive developments inside MOS and by the MOS team. That is driven from the top. Let us not forget, only a few months ago we had a few tiny contracts coming out that gave tiny revenues. There is now the Puma's and Mexico FA contracts signed and in place. These can be multimillion contracts with up to 30 more on the way. £50k revenue on the first Puma's tester release is MEGA! I can't wait for the rest.
I think we need to give the guy a chance to prove whats he's been saying - that we should judge him once these contracts are released! The business model is there, the Heroes marketplace is up and running, now we just need the contracts to get the revenue, and that needs money.
He's also level headed and not rushing it! They turned down a contract with an NBA team as it was just too big at this stage and they didn't want to damage the business! Oh what the future could hold!
An interesting assessment, and I do appreciate where you are coming from. I don't honestly believe that MOS required so many dilutions over the last 2 years. I do however think the board have been fairly open early this year about transitioning towards an NFT focussed business, and moving away from the legacy bits, although keeping them ticking along as required. I believe in this raise, I don't believe in the previous ones. I really don't think they wanted to do this raise after all the previous talk, but when you have a business model like theirs (with few physical assets), it makes standard borrowing almost impossible. And when big opportunities come up, you have to take them. Thats my assessment of why the raise was required.
The big bit for me is that with the successful Puma's NFT release, the BoD now have a proof of concept which will now allow them to get other contracts on board. The Mexican FA are also no idiots, and they wouldn't work with a failing company. Due diligence will have been done on all these contracts (by MOS and other parties to the contracts) and I expect them to come to fruition over the coming weeks.
Like a few people here have said, the next two months will make or break this company. If they get the contracts signed up, prove revenue and show growth, this share will rocket. If they drag their heels, mislead on the contracts (or fail completely), I agree, this share price will tank and I'll be losing even more money.
I hope to be sitting on a big pile of cash by Xmas (who doesn't), but this is certainly going to be an exciting journey either way! Roll on the World Cup!
Respectfully RipperG, I completely disagree.
I'm hurting from the dilution like everyone else, but after reading everything on LSE, and watching the investor presentation, I believe the raise was done for the right reasons to expand and grow the business. Only time will tell if I'm right however. If there are around 30 contracts on the table, I think the MOS team are working extremely hard and if they get them over the line, we are in for a big reward.
To fully rebuild trust I think the company need to now do the following things:
1 - Get these contracts over the line with a significant monthly revenue increase. This could be $10m+ if their presentation numbers are right
2 - Continue to build the MOS / Heroes brand and continue business growth to double the above contract values/revenues
3 - Consolidate the business position and conduct a share buy-back in the new year to rebuild market confidence
4 - Subsequently expand the business into new areas using the monthly revenue increases
Interested to know your thoughts!
Itacon....... takes a big person to hold their hands up like that. You've gained a lot of respect from me for that. I agree, doubters will definitely be proved wrong in the near future.
A lot of respect for Mark taking the time to address investors like that, and I can't help but be very excited about the weeks and months ahead. Really impressed for him recognising the MOS staff as well. Sounds like they are doing an amazing job, lets hope they do so well that they get a very healthy Xmas bonus....and we get a nice big SP increase alongside it!
Good luck all!
Theres big movements today on MOS. That should mean a strong movement in this share with the JV coming together nicely! Good luck all
Upside
I completely agree. Trust has definitely been dented, and the handling of the communication around the placing raises questions, particularly as GFin are up 11% and we are down 20%, but I hope for brighter days around the corner.
We definitely do not have the full picture here, and it could be that this was just an opportunity not to be missed. I agree with the Strong Buy and I hope these partnerships quickly begin to bear fruit. The company needs to keep increasing its revenues, continue to prove its business model is generating the growth that we expect and if ME can clearly explain the reasoning behind it, the market will begin to regain confidence.
Lessons definitely learnt today! I hope ME is right and we will have a big moan today then be happy again in future! On the bright side.....the warrants only come in at 0.6p and quite a few LTH's would be happy to see the share price get back up there again!
Hi DIFTK
I understand your reservations but in fact I'm a long term holder. I haven't traded this stock and I haven't bought in further today. I am trying to see the best side of this news after more assessment.
I am still disgusted about the balatant dishonesty, and I do believe a 400m share raise is excessive. There is also little to show from the recent placings. The revenues are not increasing fast enough in my eyes, but there is clearly things going on behind the scenes.
My first statement clearly states that ME needs to point to where the company is going. However, I realised that further dilution is not the only direction this company could be going, and after assessing it in more detail, this is more likely to be positioning itself for a buyout than for future dilution. I do hope thats right but like everyone else here I am making my assessments on the information at hand. I still don't ME as far as I could throw him :-)
I'm trying to now see the positives here. This is starting to point towards a buyout of MOS in the near future.
- Revenues are increasing
- Cash burn is controlled
- The placing/warrants are providing cash for further investment
- The warrants will almost certainly clear quickly as the placing is above market price. They are unlikely to last 18 months.
- MOS now owns percentages of a number of other complimentary companies
If the warrants are snapped up and actioned quickly, with 3bn shares in issue, and the company can prove £200k per month in revenue, there is money to made here for a big player to snap the company up for a steal. At 5p per share, that values the company at £150m which most of us would deem a fair assessment with its current potential. Some of the big online gaming firms will begin to sniff around here this year I think!
Revenues are strong and lots of products in development. Company is heavily building with expectations of dominating a significant proportion of the online market in gaming, NFTs and more. Mark confirmed that there is no plans to extend the warrants, and that cash burn is tightly controlled. It seems they are reinvesting all profits back into the business, which should put it onto a strong footing for continued revenue growth :-)
Shannon, the more you comment, the more you are proving just how little you understand MOS. City is humble enough to not be bragging about his holdings on this forum, so I suggest you do some proper research into MOS and then come back to the discussion. Maybe you want to start by researching the TR1 holders and then you might see that City's comments are not BS and that many people highly value his opinion. Ultimately his money is DEFINITELY where his mouth is!
Apologies for what might seem an obvious question/answer for some but.........Does anyone know of any warrants that will still be exercisable after April next year?
The exercising of warrants currently seems steady, with a fair amount of the 0.2p warrants already exercised, and only some of the 0.5p warrants currently exercised. The share price is holding well which is good, and shows they are being well managed.
I expect we will see quite a few more exercised before the April cut off, but providing no new warrants are issued, does that mean from April next year, the shares in issue is fixed (baring any new company issue)?
It's really great to hear from ME in the podcast that MOS are expanding their offerings into other media areas also, not just in the betting industry. Excellent subscriber numbers in Mexico so far and additional business models in Argentina to significantly increase the revenue stream. I'm excited for more news on the next territories!
Good luck to everyone who has a holding in MOS. It has been a long time watching MOS preparing the environment to create the growth we are now experiencing. Everything is now looking very exciting. I've transferred all my other holdings to MOS and for good reason. The futures VERY bright, get in whilst you can.
In response to Buster's "someone dumping stock in large quantities...what do they know I wonder?" - Those people clearly haven't seen the Tweet below, and they know little about where the company is going. If they knew there were announcements about new territory launches, they wouldn't be selling yet as the positive news is flowing.
@MobileStreams: Our CEO will be on @********** later this week discussing all things MOS. From subscriber numbers to new territory launches etc. We’ll post the link to it here on the day it comes out. #mos
Hi Upside, fantastic response. The underlying potential is definitely there, and once the revenue figures continually provide a decent positive EPS, the sky is the limit as they say! I agree with the 3p assessment, and I hope that the good news keeps flowing!
Hi all, I've been a holder of MOS shares for around 18 months now, and continually added over the past few months. I have a few million shares at an average of 0.30p so currently I'm pretty happy with the current pricing. I am always reassured by the positivity from this forum (despite a few negative posters with alternative agendas) and I will definitely be holding long into the future. So firstly, thank you all for the comments, posts, opinions and continual news flows.
My question is, what are peoples opinion of the share price ceiling in the coming years. I'd love to dream and for it to reach £1.00 a share but I equally know that with the volume of shares in issue, that is a REALLY tough ask would take years. I am however optimistic that we could exceed 20p next year if the contracts keep flowing and revenue figures increase. What is everyone else's opinion?