Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Correction. March to December. Apologies.
Over 200 million Africans are expected to watch EFC in the next 12 months, making EFC one of the most watched sport and entertainment events on the continent.
Any reason with such a huge audience we have been unable to sell out tickets for EFC events that happen once a month, January to October?
And any reason why HeroesNFTClub haven't showcased fans enjoying the experience of meet n greet, training sessions, live commentary experience and VIP hospitality?
What is questionable is how the acquisition was funded.
News released in March 2021 that boosted the SP to 0.44p. Immediately a Placing announced at 0.25p for £2M which helped to acquire Krunch and pay Epstein a load of cash.
Who said this?
"Based on the expected growth of the Streams Data business, the terms agreed are highly attractive to the Company, with the aggregate initial consideration below the level of the revenue share expected to be paid to Krunch under the existing arrangements in 2022 alone."
How's the growth of Streams Data working out?
£1.5M paid in cash and shares for Krunch. Who benefitted from the cash, and who received a load of shares transferred from Epstein?
Krunch is at the heart of everything MOS does according to our biggest shareholder. Look at when he started building his position here.
Epstein on record saying the company (when primary focus was affiliate revenue) could be valued at multiples if listed in the USA.
Now that affiliate revenue isn't the primary revenue stream might be a clue to the depressed share price 🤷♂️
Bernie
What's my concern? Where do you want me to start? I suppose I could go as far back as pre NFT days when we were sold a pup. But let's just stick to our primary revenue source for now.
Timescales for growth and shareholder value were touted by our BOD, as was transparency. Periodically I relisten to podcasts that have been issued. Today I listened to the June podcast to glean any reason why the market hasn't reacted favourably to news.
Maybe it's because of over promising and under delivering.
Maybe it's because of the $1.8M lost annual revenue from IGS.
Maybe it's because there just isn't enough revenue being generated.
Or maybe it's because 4 months after the Bitso tie up the only thing that has happened is existing experiences being offered at a discount to Bitso customers.
Bernie
Did you have to purchase a NFT to acquire your ticket? Did you have to enter a raffle with the hope of winning it? Or did you just go out and buy it?
And I wonder what appetite there is for the Atlante drop that offers a season ticket now that the season is drawing to a close? Or what the price would be on the second hand market?
Https://glorious.digital/collections/glorious-founding-membership
Buy a NFT and get exclusive benefits. The flaw of course, is the NFT could turn out to be worthless and you're unable to offload it.
Or perhaps Panmure are excited about the 7 million Latin American Bitso customers who have the fantastic opportunity to buy a tour of a stadium in Spain for $7.50?
Perhaps it's because of this?
5% for ever and ever on the 2nd hand market?
Revenue from the NFTs will come from both the sale price of the NFT and a royalty generated from them each time they are traded in perpetuity, these royalties are typically 5-10% of the sale price.
Oh wait, what did Epstein say again? A royalty of 5% that gets split between us and the athlete of the club. So not 5% to us 👀
Lostmoney
I have to correct you I'm afraid. October 2021 the SP hit 0.7p. With the bid recently dropping below 0.07p its been a spectacular drop considering the positive comments by the BOD during that period.
When Epstein launches a freebie NFT, does that come under the category "experiences money can't buy"?
Just a thought, but can an item be "sold out" if it hasn't actually gone on sale?
Welcome to the Cádiz 2023 Carranza Trophy Drop
In partnership with Cádiz CF, Heroes NFT Club are giving you, the Cádiz fans, the opportunity to own an NFT from the first drop ever by your favourite team. And the best part about this first drop is that these NFTs are available for free to all fans.
Euston
Sarah is a shareholder because when she joined the Company during the pandemic all Directors were paid their wages in shares to preserve cash.
From memory her annual salary was £64K. SP was around 14p although I'm uncertain as to whether she was paid at 20p?
The "I'm a shareholder too" card was played to me on email. The irony is, 8 weeks after her shares were issued, Ciclitira did a CR at 10p 😱
Has anyone been able to explain how 1000s of Fed Mex NFTs went from available to sold out overnight?
I'm in favour of extending the 12 week challenge to an 18 week challenge. By doing so it can take us up to 12 months since Epsteins podcast with Zac Mir on November 25th where he spent 20 minutes telling everyone about the fantastic progress MOS had made and was going to make.
Just like Dr Burton previously, the "come and judge us" card was played.
Our official Advisor claimed 24 weeks, however our CEO claimed 6 months or 12 months.
So with Burtons and Barrys challenge failing miserably, let's give Epstein a chance to pull a rabbit out of a hat.
Let's hope it's not a hatrick of failures and let's not forget Epsteins starting Mcap was around £6M.
Exciting times
#letsgo
P.S.
I recommend everyone to relisten to the podcasts from November 25th and January 13th as I have done today. Very enlightening and a reminder of why we are invested. Lots of interesting info on what is (was) to come 🙄
Big day tomorrow. Will it be the day Epstein drops the transformational news that gives us an £8.4M Mcap that his biggest shareholder predicted on July 15th?
Exciting times
#letsgo
Bitso have ties to Tigres. I must admit I expected an announcement by now that we would partner with them.
Tigres has their own fan tokens, carnage this year. Surprised it hasn't been discussed by the well researched and respected posters here.....
https://coinmarketcap.com/currencies/tigres-fan-token/
Hepseal
They did similar with the one off Cadiz cup game. Weeks later that particular drop was counted as one of the 20 live drops 🙄
Https://heroesnftclub.com/experiences/necaxa-legends-prize-draw
We're selling raffle tickets for a dollar now ffs 🤦