Member Info for HorsesGob

What your witnessing is a legal Pyramid Scam

KL lets hope your additional investment pays off. Personally I would not risk another penny, while AM is at the realm.

N&G need to be careful if they are indeed manipulating the share price. If the SP gets too low investors will sell lowering the SP even more at which point it could all collapse and they could take heavy losses. On the other hand this may be the tactic to become the major shareholder and force a sale or takeover. Would love to see AM's face if it was the latter.

AM said May was the start of the marketing campaign, how sad, the guy is clueless. Not look forward to when he says which month the so called killer app will be released. Just hope they done just release it to the apple and google and not tell anyone. I believe AM and the BOD are keep the SP down, they will want to start buying back shares.

https://www.musicweek.com/digital/read/anthony-matchett-on-napster-s-new-era/083350

If I were investing elsewhere with all the failed promises you would call it a Ponzi scheme. The only ones getting rich are AM and his buddies

My point is MVR/NAPS are doing nothing, they say they are building a killer app and in the process burning millions in cash. By now they should be a full presentational video of what the app will look like and do. To everything has stopped while the app is been built. You don't stop eating when are getting a new kitchen fitted, seem AM is just out of his depth and can only do one thing at a time.

Myself and a group of about 15 are planning to demonstrate outside there office on Monday 24th May at 11am, hope to see some of you there. I will be with the group carrying an 8 x 2 foot red banner line 1 "Napster Group CEO", line 2 "Matchett Out". We cannot allow him to bring this company down.

Mel I am invested, I did sell all at a loss, but bought back in twice I now have 5.6k (not has much as you big boys) my average is 3.03 so 30% down. You say "But please, listen to both sides of the discussion as it can provide information." I do but the side your pushing is just here-say. I am kind of stating where we are at and where we could have been if AM was gone. I would like to know how much your investment is and your average.

Mel the whole concept of MVR was the ability to do live events with or without an audience. Just like Liam Gallagher Down by the River Thames. Just because some events are now going ahead does not mean MVR/Napster are going to cover any of them and no, they will not be covering Glastonbury, that's is a fact (BBC have them rights). This company has set itself back at least 3 years, they have failed its investors, they have fail to deliver anything of substance. You iterate their rhetoric, are you AM.

In my opinion they could have continued doing more of these "Down by the River" events or even actual live stream of other artists over the pandemic. Had they done that from April 2020 they may have been an household name to the younger generation. The company have lost there way, now they are spending millions of pounds developing what they call a Killer app. It may well be a killer, a killer of the company and its investors.

By the time this company sorts its self out it will be too late Spotify will be the predominant player. AM OUT

https://musically.com/2021/05/19/spotify-gets-into-livestreaming-with-driift-partnership/

Mel " in my view the fundamentals of the company haven’t changed since the release of the Admission Document". 5 months in and we see nothing more than ideas, interviews so far re-iterate what we already know. I hope This kill app look like its cost million to develop. Personally I don't think it will increase user-base anymore that what the current apps are doing. If this was my company I would be pushing the new app now, with video presentations showing it's capabilities.

Hope you are right Mel only time will tell

Personally I am not buying into any of the rubbish that's been said on here. It's all speculation, interpretation and with no substance. 18 months ago it was Nikki's contribution that was going to change the business, Emmy Lovell's contribution will be the same has Nikki's nothing, AM will see to that.

Mel5 keeps insisting its all going to be fine, were in an hole at the moment but we will climb out soon (my interpretation of Mel's posts). My question is how deep is that hole going to get.

Frankly things are not okay. Investors have been taken in by AM and those who push the same rhetoric. The message from some on this board is to top up and reduce your average, SP is not getting any lower.

Will the SP get under 2p. I think it's very possible and could see it hit around 1.60.
Do I see it getting back to 3.75, I don't think this will happen until mid 2022 (12 months).

I know nothing about investing has many will have noticed, but I can see trends. The more people pump things up then a down tend seems to follow.

All IMO, totally hope I am wrong

Mel you taking the mick. Buy more shares, I think most have done that and are now so heavily invested they could lose everything. so when it drops to 0.2. we should all be happy and buy more to reduce our avg. Come on get real

Alberto, you said "You start with the foundations and build it up" how many times are they going to bulldoze the site and start rebuilding because that's what has been happening for at least 3 years now. Each time investors have lost lots of money and some have seen there shareholding drop by 90%. On each new build you get drawn in my Action Man vision which never materialises and all we see is dilution and further cash burn and Mel5 saying it's okay we will get they.

Only new investors who bought in at under 2p are likely to be the winners (may double up). This share will never get to 20p without consolidation (10 to 1 at least). In fact I don't think it will get above 4p for at least 18 months because when it goes up it quickly drops back due to the long bouts of silence. May was supposed to be the turning point marketing/promotion month, we are nearly half way through and all is silent again. I expected nothing less

ACTION MAN OUT

All the hype of promoting/marketing in May was just a sweetener nothing more, we've had the video AM release and that's all we are getting. AM is a joke, others companies are now leading the way, this company will be left behind. At least AM can revert back to been a Sound Engineering, I cannot at 87, wouldn't have the bus fare to get there and back now .

I think the company should have been trying to partner with Rotterdam 2021 - Eurovision Song Contest. Even giving this away for free would have been great exposure. However AM is very short sighted, doesn't see the potential of the VR/360 part of the business. All he sees only the big live concerts that come around once a year. With the equipment they have, they can do any location, even an artists home, yet even on a boat. They could be doing a couple of live shows per week. All AM is doing is wasting resource and burning cash on what he calls a killer app. AND yet it may be a killer for the company if it goes wrong.

Its about time he is forced out or step back and allow those with the skill set to take the company forward, at the moment its going backwards and rapidly burning cash.

Next RNS or News release I would expect in mid to end of June.

Start the campaign "ACTION MAN OUT"

All above IMO.

lord. and what happens if the app fails. IMO each should be separate apps, something fails to hit off it doesn't bring the all tumbling down. If act you might not be able to sell if the prices is 0p my time the app comes out in Sept 2023

kok. "FYI the management here are doing a great job" (first part of your quote). Actually I don't think they are. Yes they released the proactive video on Tuesday. 2 days on I don't see any further information, marketing, new content or update to any website or Social Media. Looks like the machine has stalled again (out of fuel), it need to keep running, otherwise we will see the SP in the 1p range. I would have expected to see things moving on a daily basis if only for a week or too.

IMO AM has scammed everyone again, releases a bit of news and makes a few claims. I don't think they will lead anywhere apart from lowering the SP yet again. The man is lacking expertise, vision and leadership. He has a team with vast amounts of knowledge and skills and yet they don't seem to be playing any part.

No point building a killer app, if by the time it is released users have moved on elsewhere. They need to market what's is already in place, letting the existing users know that a killer app is on it's way. Why wait 6 months to attract new users, do it NOW.

was messing about with you, so you were rumbled