Guzzler it wasn't 'offered to insiders' as you put it. Shareholders with significant money already invested wanted rid of Riverfort and so put up the money themselves to help do that. They offered to DC if anything.
And the SP was below 2p when it was arranged.
These are the facts.
Also your narrative (based on your comments here) implying that everything rests on JL's investment coming or not is misguided at best.
Hughes what are the total buy/sell's today in your view? SP hasn't really gone anywhere so not sure how you get to your comment.
Think there are a few B&I's going through. One of which mine today, placing shares.
Great summary MB. DC is a curse but also (potentially) the blessing on the company, as it his brain child afterall. I think credit where it is due, getting the kpop division to where it is currently. This could hopefully bring shareholders some long awaited returns and the concept of the smaller bands clubbing together to sell a bigger venue was his masterstroke.
IMO though he does need support to plug his weaknesses. Characters who have the deal making and sales ability usually lack in other areas, namely structure and organisation, and those skills are ten a penny and can be found at not a great cost compared with the costs of somebody of his deal making ability and contacts. Playing to his ego probably saying this lol but his abilities could be being maximised abit more. Maybe he already has the support, but on the limited info outsider looking in it doesn't seem that way to me. Feels like a minimum amount of staff working every hour god sends, which is no way to maximise a teams abilities.
And agree suedee, we need some updates. Lots bubbling away on the kpop front, with gigs not that far away, needs an update on that front. Even if it is just a Q&A. Hoping the reason for delays in the analyst is that another big deal is just round the corner.
I repeat also, imo the 4 year Birdman Japan deal (RNS 13th Feb) alone is worth more than the current market cap.
They have Doors onboard as the streaming partner, so presumably they will be taking some ownership or at least providing guidance on managing the process. I also don't think they are in control of when the acts are announced.
Madrid and London are the other KPOP festivals confirmed.
If LVCG is to make silly £ profit in the future, then it seems to me the most likely area this could come from is the live streaming.
Having the rights for this (unlike Frankfurt last year) in addition to having the rights for live streaming and broadcasting for the biggest market entered to date, Japan, could turn out to be the money shot.
What are the parallels?
MOS has been a big pile of red flags from the beginning that stuck out a mile off.
He does hold Knigel, he brought shares recently. Our dear friend simpleinvestor also holds. It shows how undervalued a company is, when even the doom mongers are buying.
It is clear that LVCG is chronically undervalued, even the negative posters can see that. The route to profitability is achievable and visible on the horizon (this year). Once the short term cash position is sorted then investors are going to come and bid the SP up to a more realistic valuation IMO. Everything else in between is just noise.
And just to add, the company would do well to clarify the reason for the short term cash issues, and it not due to needing money to keep the lights on but that they are trying to grow K-POP division and StART and I believe have to pay the bands upfront (outside of the license model). Also look at the white paper for the StART app, development of which will cost money, which my best guess is where the JL investment will be going.
Good riddance to the twitter ramping day traders.
Earl with multiple posts you are burying the informative info.
I don't think anybody does suedee but I would say LVCG is missing the main ingredients of a pump and dump.
Pumps are never backed up with fundamentals. If we see another rise here, then it will be because of fundamentals IMO and so even if this rise is at an eye watering rate, I think it would be unfair for it to fall into the pump/dump category.
Even last years rise was on the back of the hype around the K-POP division, which was then backed up with Miton's investment. We know now it proved to be a false start but ii's don't take a stake in pumps/dumps.
As pointed out also, none of the twiteratti placing flippers are involved here either, because they've had zero placings to feed off. Which is also another ingredient to a pump that is missing from LVCG.
We are painfully undervalued, as MB10's post outlined before, so to even get back to a sensible valuation needs to be 100's of % increase.
Inevitably, any rise is going to get the attention of traders, but if we do see a meteoric rise, then imo it will be because of contract wins which increase the chance of LVCG Group hitting the magical word called PROFIT this year and so shouldn't fall into the dreaded pump/dump category.
Great news today. Riverfort can't subscribe to any more shares AND long term holders still very much believe in the business. Jason Lee still believes in the business.
Once this rocky period of cashflow issues is in the rear view mirror, hopefully the company can go from strength to strength and grow this kpop division. The Japan RNS was worth more than the current valuation IMO.
The long and short of it - Insiders are buying shares.
It's always darkest before the dawn, as they say. Don't think we are far away now and I think probably a domino scenario whereby certain news needs to land before the release of other news, namely the brokers note.
Earl of Aim - You are harming your own investment with the repetitive spamming. None of your posts are going to speed anything up or whatever it is your intending them to do. Just relax and let the news flow do the talking. Plenty of fundamentals with this share that are going to kick in, doesn't need ramping.
Terry nobody is taking earl or tintin seriously. And if they do hold, they are harming their own investment by continuing to post.
Also, hypothetically speaking if an asset were to be sold, you are assuming lvcg were trying to sell and had not been approached. Which gives away your biased position just slightly.
It's a shame there isn't a rule of a 3 post minimum daily, to stop people constantly spamming the board with repetitive messages.
Seriously, just ease off would you tintin and earl. I think everybody gets the message, you don't need to keep repeating.
If a new investor looked in here, it would put them off.
I hope SP does get to 9p so EarlofAim can stop posting ffs
Attack you? Crikely o blimey what is going on here.
I don't think anyone on here (who doesn't have a personal axe to grind, i.e you and simple) would describe MB's posts as repetitive or spammy.
My last post on here for abit until we have news worth discussing. Big fat waste of time.
Repetitive posts about anything are tedious. Revenue or profit. That is the point. Trying to twist things much Bennster?
Describing anything on here as 'scary' !? Really? What a waste of space this forum is turning into.
Dead cat bounce eh. Your words imply all they need to Hughes on what you think. The fact you think any 'bounce' will be of the dead cat variety, with what is already confirmed this year for the k-pop division, all I can say is I disagree with you on that one.
Simple I agree with you. We all agree with you. We want to see profits achieved and then reported in the form of regular TU RNS's. Going round and round, repeating ourselves, where is the value in that to anybody? People are looking at the past, when we should be looking at what is confirmed this year, k-pop especially.
'Suedee I totally agree. Only problem is will DC give us any answers, straight answers, politicians answers or more lies?'
So Hughes, you want answers but when the answers arrive, you're not going to believe them anyway? Why would anybody continue to hold a company if this was their mindset is beyond me. I do not understand at all the mindset of holding a company where you have such a negative view (which applies to probably half the forum).