Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just picking up the line of conversation and I think I have already mentioned that this, and this can be found in the re-admission document last week on Melody’s website is the makeup of the Senior team. Which is both MVR and Napster.
All of them have a depth of experience that we as investors can only hope to have.
Please please and implore you all to read that document. It’s 120 pages but it will answer those points that are being made.
Thank you.
KL
I wonder if that was indeed the case. As time had elapsed it was probably important to get back again, then tie up the deal.
Completion of the Acquisition 29 December
Admission and commencement of dealings in the Enlarged
Ordinary Share Capital on AIM
29 December
CREST accounts credited in respect of the Subscription Shares
(where applicable)
29 December
You can see how much has come to fruition, and what quite hasn't.
No mention of takeovers with other known brand music platforms i.e Napster.
Could they, will they change the name post Jan 2021, to Napster?
I've taken the time to read the admission document, and a few things stood out for me.
1. The new app, suggesting that not only will the Melody app go, so will the brand. I thought it would be an amalgamation of the two names. Napster it is.
2. The makeup and expansion of the senior management team, which can only help. Also the increase in headcount.
3. Locations of the offices: UK, Europe, US, and South America.
4. The income/revenue from Napster, without taking consideration the MVR element (which is *slightly* smaller at this time.
Obviously I was hoping for the share to come back anywhere between 10-20p. But that was based upon the deal being tied up and announced.
Perhaps the market saw it that way, and assumed that deal hadn't happened, or won't happen - who knows??
For me, it's only until you read the full document, you can see the rationale, and the upside of the merger.
p.34
May see some changes at the top, which can only be a good thing.
e Company intends to launch a new
application in Autumn 2021 which will combine MelodyVR’s immersive content with Napster’s
recorded music content and will be provided by way of an update to the existing Napster
application. From a technology standpoint, Napster and MelodyVR’s back-end systems will be
combined, with a new front-end application being developed to replace the existing Napster app.
Post the launch of the new Napster application, MelodyVR will sunset the existing MelodyVR
application following a period of user consolidation and migration to the new combined service on
the new Napster app
I had been googling it myself. Who are LMG?
Thanks Mel5. Obviously not knowing you personally, but reading your words, I believe the validity of your statement.
I can understand the nervousness. I would imagine that 2021 could be MVR relist, but all the necessary documents this side of Christmas, given your 21 day statement.
In case this hasn't been seen or posted:
https://www.realnetworks.com/press/releases/2020/realnetworks-announces-third-quarter-2020-financial-results
In case this hasn't been seen or posted:
https://www.realnetworks.com/press/releases/2020/realnetworks-announces-third-quarter-2020-financial-results
I had hoped it would have been here already. But like a watched kettle, it always takes longer.
Could the issue of price be holding this up from being relisted?
I would expect an RMS today, at some point this afternoon.
Tapping my fingers.
This is like lockdown itself.
£10 per share.
Lol
Just to annoy pudding boy.
Wow. 50p.
Petbo, nail on the head moment from you in your last post.
I am sure most of us remember Love Film and that being subsumed into Netflix, whilst the former all but killed the high st vid rental market before Netflix did the job. That didn’t happen by accident.