Member Info for Jimmy_Stocks

Granny on Twitter must have even more shares than me now, the amount of 100k buys I see him posting daily lol

A friend works for a big engineering firm, says they are starting to utilise VR for training. Same with another friend who works for a logistics company. Agree Besty on the high price at the moment. I can see a subscription model say 12 months down the line. Maybe this high(ish) price is teeing people up for a subscription of say £14.99 per month. There is nothing to compare this to on the market. £9.99 is perhaps helping to create the perception of a premium product / experience.

Foxes have you brought a Go or own a decent VR headset and have tried the app / along with other current VR games/apps? I presume you would have, if you are invested here to a decent amount. I presume also you would have tried the 3D TV's. If you have done this and also follow how much investment is and has been being pumped into VR technology (and AR/MR), you should have no worries long term in the direction of where this is travelling.

Thanks for that baseless inane insight, it was almost worth the time it took for you to type it out.

If I believed there is a possibility this is going the same way as 3D TV I would sell up in a blink of an eye and move on.

https://www.vrfocus.com/2018/08/report-indicates-that-vr-education-sector-undergoing-significant-growth/

It is great we have a revenue stream at this stage, many tech starts ups don't. And many tech start ups hemorrhage alot more cash than what this company is and has been. Advertising costs being kept low in the early stages of what will be a mainstream industry. Wages being spent of developers and people with a track record in the music industry. Where is all the spend and cash going that you say is disappearing quickly?

DYOR on the funds that invested.

Even though they do have a revenue stream, how quickly do you think the tens of millions of investment from institutional funds (who are a lot more in the know than you or me) will be eroded mojo? Or are you just trying to deramp based on nothing, like all your other posts here.

Not wishing to sully these here parts too much but porn will drive VR mainstream adoption, as it has done throughout history. If anybody who owns an Oculus Go has watched porn in VR, it is a pretty good experience.

We are in the midst of an unproven industry and EVRH success is 100% directly linked to VR success.

I am relatively new to investing and so don't know the dos and don't's of an aim listed chairman but are the 'flippant' remarks really that bad? How I read it is - he isn't worried (i.e. and so neither should you be). Does it not cost money to release an RNS, why pay money to say what he said in the article 'we know no reason why the sp has dropped'.

This company is different to other aim companies and is aspiring to be one of it's greatest success stories. Why is it going to follow the trend of what seems to be market full of company bod's who are full of ****e

Well said Jeppers. Optimist I like your analogy but I think you either believe VR will be mainstream in 3-5 years or you dont. Or you do believe, but your instincts are getting swayed by the sp being hammered by warrant sellers and you forget why you invested in the first place. Money is rarely easily earnt. These periods are when long term holders who stay strong will earn their future profits imo.

Absolute bargain at this price. Lots of news flow to come in the near future.

Foxes my guess is that those 2 funds you mention want a piece of the future and are not concerned with short term sp drop. I am glad I don't need the money and can sit for a few years, but I feel your pain if you were hoping for a quick turnaround on this share.

The seller(s) are the warrant holders still?

My guess is there has been no progress, so no update.

That would make more sense Elk. Think I’ve been watching too many conspiracy videos!

Is the logo supposed to look like 2 horns? Or something else?

I'm afraid I disagree with you Falcon.

'I see the discussion of hardware as rather fatuous to the presence of melodyVR though, as it is not this on which they are competing.'

You have lost me here. You are saying Melody is competing with Venues, and you believe it is a pointless discussion to mention there will be 4-5 other hardware providers 18 months down the line? So you believe Venues be on these 4-5 headsets and taking Melody's place offering live concerts on the other 4-5 headsets? Facebook are a hardware provider and work alongside and in collaboration with content providers, not against them.

Also they are drip feeding the content to Oculus Go, I would hardly say they are 'holding their presence in high regard' as you say. If that were the case they would have alot more of the 600 artists content available on the Go. The Go is the first attempt at cracking the mainstream market for VR, so Melody timed their release alongside the Go. What reasons are you saying they are holding Facebook in such high regard?

I don't think Venues is direct competition to what MelodyVR is offering and I don't think Facebook will dominate the future market. There is also nothing for them to as you put it, relinquish, because they are third in total VR headset sales to date, behind HTC and Sony.

Well said Besty. Again, these other gigs, like any success and exposure NextVR have, they are a positive imo. Bringing interest to the sector and bringing it into people’s consciousness, especially music, can only be a good thing imo. In my mind, everybody working in and invested in VR should be rooting for each other at this early stage. Needs lots of good content from all different avenues to help bring it to the mainstream. Just a question, does anybody have a view on the reasons for extending the 51m warrants? I know 32m of these are director held but any ideas why they would do this?

It sounds daft but NextVR success is our success in some ways. Let them blow loads on marketing and bringing people to VR.

I would say though I haven't seen any adverts for the Oculus Go, I don't think the average punter knows it even exists. What I have seen is people wearing generic headsets for all sorts of random products and adverts, products and services not in any way relating to VR. You only have to see some of those ridiculous bank adverts to see the content of the advert rarely relates to the product but I do feel VR is subliminally being ushered into the mainstream imo.

There is so much money being pumped into the development of VR, it's when and not if it becomes mainstream. And when that happens, we have the library and we have the deals with the big labels for future performances.

Have you got data you can share with us BA?

Shareholders on here happy to have the possible upside of FB being listed, yet when negativity comes from FB as per below then according to shareholders it’s nothing to do with GUN, and they are just assisting with the listing and not associated with FB. HELLO!!!! IT IS THE LISTING THAT IS PROBLEM, IN THAT IT DOESNT SEEM TO BE HAPPENING. I learnt about the Fastbase listing via Gun. Gun are associated with Fastbase. They have RND’d about Fastbase. Whether certain posters on here want to bury heads in sands is another matter.