RE: RNS27 Jul 2024 00:56
First off, low blow bringing dyslexic into any arguement or comments.
The real issues here are a lot more obvious. Let's ignore what happened pre nfts and talk about NFT's for a moment.
When it was launched we heard about great artists they were getting on board. Didn't happen! Any NFT's that have been produced so far are like the free cards you get with your weekly shop. An absolute disgrace.
Then we hard about 20 or 30 or so possible deals he was working on. How many of those actually came through. Can ME actually get a deal over the line?
Then we had a deal with Menchaca. Something i actually would spend money on. How many NFT's have been released so far? ZERO!
I could go on! Gaby Lopez, EFC and how could i forget the Mexican World Cup.
So it looks like ME has lost interest in NFT's, following losing interest in Mobile Game, Live Scores etc etc etc etc etc.
So we have moved on to gambling. Yes he's talking about big names being involved but we heard about 'big names' when he mentioned his previous attempts into various markets.
He is a second hand car sales man who uses the same phrases with each new venture.
Mobile gaming - discuss how big the market is and how MOS only want a small part of it.
NFT's - discuss how big the market is and how MOS only want a small part of it.
Sports betting / online gambling what does he say??? How big the market is and how MOS only want a small part of it.
Throw into that the money we've spent, the raises, it's last chance for ME, if this doesn't work out he has to go! Personally think he should have gone after the failure of the NFT's but he's still here hanging on, living the life over and back to Mexico topping up on his tan. He's said it's not a lifestyle company, but he needs to start producing profitable results to prove the market wrong. 60% down in the last 12 months, most share holders well above that.
Never any detail given in the RNS, his response 'even apple don't give that kind of detail'. Buddy we're not APPLE. Join the real world.
Am i invested. Yes heavily. But it's time ME gives a detailed breakdown, cash, costs, revenue breakdown and sadly how long till the next raise, or how long till he changes direction YET AGAIN.
I know someone will come on here to try and defend him, but he's a big boy, he needs to do it himself. And address the market, not just your little telegram groups. Is he afraid the nonsence he spews in his little private chats will come back to haunt him if he says it openly. Let's have a podcast.