Member Info for Jimmy_Stocks

Yes the sooner we are released on Playstation the better. I believe the PSVR is available for $199 as part of Black Friday in the US.

Glad you liked that one harry. It sure will feel good to be the prettest poodle over the coming months!

The Italian, it pays often to be conservative but if we take NextVR valuation as an example, I don't think 10x the current sp is out of the question over the next 18 months - 2 years. Figures will need to come before we hit near those heights obviously, but this is being given every chance with the way it's being put together.

I also can't see them selling the business either. The music labels all have a decent stake + big ii's on board who will be advising, why let go of the golden tickets? I think AM would rather go for 100's of millions wealth rather than watch somebody else cream off of his good work.

I couldn’t resist topping up this morning. Appointment of creative music bigwig together with imminent advertising revenue with Facebook, who will be parading us around like the prettyist poodle at the show over the next 6 months and beyond. Both of these examples of newsflow that will keep coming imo that aren’t on the list of ‘expected’ announcements. Sp will burst out at the seams at some point soon.

http://www.bbc.co.uk/programmes/articles/1f3JQ4knLJBWhgpj3wPv7xL/what-does-technology-mean-for-the-future-of-music

Live music is where most musicians make a lot of their money these days. In fact, takings from live events accounted for almost 25% of all UK music revenue in 2016, bringing in £1 billion, which is over £300 million more than through physical sales and streaming combined. It makes sense, then, that artists have upped their game in the live setting, with today’s mega-stars using the latest tech to make their show a particular must-see.

Despite the live music boom, concerts aren’t for everyone. But thanks to virtual reality headsets, the live experience is being brought to the comfort of your own home. Artists as wide-ranging as Chromeo and Slash have released interactive performances that can be viewed and explored through the use of VR headsets, with Slash’s version even allowing fans to wander backstage. "VR has the ability to deepen the fans relationship with the artist while providing access to fans around the world to experience the energy of live when they can’t physically be there," says Kevin Chernett, the Executive Vice President of Live Nation.

There’s one aspect of the nda’s gone then, being able to announce the advertising partnership with Facebook. Think we’ll see just how in bed we are with them in the coming months. Great news. And from a position of strength which has hopefully helped our negotiation hand because we have what all the hardware providers are desperate for, highly marketable mass market non gaming content.

I don't think there is anything wrong at all with SH. This company is being run fantastically from what I can see. Thechancers all of your posts are negative. Why do you hold shares in this company?

I think these scenarios are all possibilities max. I know the emphasis is on not canabilising any other revenue stream or service but cause and effect laws mean it may have a knock on effect elsewhere. The immersive and uniqueness that VR offers will be transformational. Investors now who can see not too far into the future will get their reward imo.

I agree harry, I hope it isn't him, although I wouldn't massively complain. I think other potentials are the two One Direction lads who Melody have already worked with. Think they would fit more with the Millennials and Gen Z market that will send this to the moon.

Thanks for the links RestLess and a sensible post that I am in full agreement with in the main. Also yes, Adele's career moves, extremely wishful thinking! Like you say, just very convenient for her.

I am being picky on the comedy and other ventures, because you really can't fault how these guys are putting this together. I just picked up on SH saying they are 'a music company powered by technology' full of music people, and that they have been approached by all sorts, sports, theatre, porn etc but that they are focusing on music. That contradicts previous comments about possibly venturing into other areas, i.e sports etc as his I read SH comments as a no they won't go into other areas. Nothing wrong at all with this and any new business is always more convincing and believable when it is a specialist in it's field. I did love when SH says 'if you want music, it's us'.

However as part of the holding group under a different brand name to Melody, they have the tech/capabilities, deals with the venues. I know it's complicated and not always that simple but to me they have done all the hard work developing the tech, getting the venues on board etc.

All resource and energy going into music is not necessarily a bad thing in these early stages but I just think the transition to offering other 'gigs' in the entertainment industry would be relatively painless. I'm not particularly a fan of his but say for instance Peter Kay does a one of gig rather than a tour at one of the arenas we have partnerships with, tickets available in VR would sell big time imo.

Why not be greedy and start ring fencing other areas like they are doing with music. Like I say, I'm know I'm being picky and greedy, very very happy with how this company is being run.

Cornering

Total speculation and gut instinct but after just watching the recent SH talk just now, I think Adele will be the first live gig. I think she is one of the early 'high net worth music people' investors, and I think she has purposely dropped off the radar for the sole benefit of MVR. Wishful thinking maybe on the last part of my thoughts! But I have a feeling.

Very exciting to hear SH speak and also the AM Billboard interview, but I do think they are missing an opportunity by not corning the live market in other areas at these venues they have agreements with. Namely big comedy acts. Think that would lend itself well to VR. I've been to a few comedy gigs and you are so far away it is not a great experience. Yes I am greedy, this is going to be a monster in 3-5 years either way. No way they will sell up early to a big fish, they have done all the hard work and have all the jigsaw pieces in place. Time to cream in the reward of those efforts.

Ok thanks bb, what you have said makes sense. They must think it still has some to slide I guess.

A big live concert is the obvious, but artists have an incentive now to do smaller gigs, as they will be able to make up the revenue with VR ticket sales.

I don’t think they will get bored if they are making money. Possibly they are banking on newsflow not really affecting the price much, as it has not really done the past 6 months. Some bigger announcements to come though that being said.

I’m going for a wildcard vote. Adele will be first live event, performing a small intimate type gig. A big star doing a small gig would be a great start imo. The obvious supply and demand on tickets for smaller gigs, plus presumably a small venue would be easier to get right in terms of the execution. Plus Adele could get off her arse out of retirement for her fellow shareholders!

Amazed to see some folk still trying to ramp this. Glad I smelt the fire around the .2 mark (at a loss). Circadian lighting has its place and I hope will one day exist in hospitals / care homes etc but I doubt very much this company will have anything to do with it when it does.

As somebody who has become very skeptical on FB, I welcome these updates but I am still very skeptical at this stage. I am pleased to finally see some reporting and press releases from anything but PRN newswire or whatever it was called that continually released the other press releases on FB.

Fingers crossed for everybody it goes ahead and if it is Spring 19 then I will take that, as I did fear, like I am sure other direct investors into FB, that it would never happen. As an inexperienced investor, I have learnt my lesson on not doing due diligence with this one.

As somebody who is very bullish on VR, I am inclined to agree. 3-5 years mainstream for VR imo and I believe this will be a £b company, through either it's educational features and / or the Engage platform. Apollo 11 feature made over £1m in 2 years in a nascent market. Fast forward 3 years, better tech, much bigger market, who knows what revenues these features will be bringing in. PSVR owners chomping at the bit to try out the Titanic experience. Not to mention if Engage takes off as everybody hopes.

Ouch! I am surprised this has dropped below the IPO price though, bit of an overreaction.

Being invested in GUN was what unfortunately led me to Fastbase, and I don’t think I’m alone there.

'HH and DS may lose some credibility if the Fastbase IPO does not complete, but to say it will adversely affect the share price is nonsense.'

You manage to contradict yourself in one sentence, that is quite a talent, well done.

Credibility and share price are a marriage. You can kid yourself if you like but it could be the very reason why GUN current sp arguably doesn't equal the sum of it's parts.