What gets me!11 Apr 2020 00:28
What gets me!
Millettini... I can't disagree with your comments. Same for most on the board. There seems to be some sort of grouping happening with people that can't see MelodyVR doing anything wrong and people that are invested and are just answering / asking questions. Come on... telling people to sell their shares and leave the BB Petebo. What age actually area you?
I bet your bottom dollar there are hundred of 'readers' here that just can't be bothered to put any input into the board for fear of being ridiculed or they just can be bothered with the hassle. If you're out there.... a big hello from me... sometimes even I've got to break my silence.
It's all fine and dandy having the largest contracts in place with some of the industries largest labels. In reality (not virtual) this means absolutely diddly-squat without paying users. You know the guys that actually pay for the content.... E.g. Us. We are all here because we believe in the idea and music is one of the world most powerful tools, but some of the execution here is completely amateur. Yes, I'm allowed to berate a stock I'm heavily invested in if I see things I don't like and as are you. This is called constructive criticism. Patebo, perhaps you should try this sometime? It might even make you a better person without trying to drag people through the gutter for every single negative comment or something that goes against your train of thought.
The current chain of events will set MelodyVR back big time if they can't capitalise in period of time by increasing your users and brand. We all know the track record of some of the RNS's so some people have a right to be sceptical about the recent update. Before we know it a full month might go by without hearing anything. Although this could quickly change if something big is in the planning, hence my last 'fingers crossed' post. I would imagine they would have been all geared up for most of the festivals / live events which will now pass with some probably not even going ahead this year at all. Theres no hiding away from it that this is a massive set back. Then when things are getting better it will be impossible for Melody's team to be everywhere + Im pretty sure there will still be a big period with social distancing measures in place for many months. We all know by the staff that MelodyVR are aiming themselves up more of a live production company rather than a sit and see. As they say in their recent RNS they have saw a 56% increase in average sales. 56% of what exactly?. A platform that are currently struggling to pick up users because they've only had one home live event, a festival that won't be everyones bag (and was released at ridiculously short notice). Oh and lets not forget the big American launch which was plagued with massive technical issues.
A few people have mentioned Live Nation, I know NextVR which is being acquired by Apple did hold the contract for that, I'm not sure if they still do.