Member Info for Lioness

Yes very positive and particularly the launch of the tests on Amazon next month. Positive EBITDA and increased cash position even after investment in digital platform and new products.

All looking good for us as investors here.

GLA :)

RNS this morning sounds very good

Ahead of this launch, trading in the first six months of the current year has been stronger than expected and is ahead of budget. A more comprehensive trading update for the six months ended 30 June 2022 will be provided in mid-July.

Should at the very least, stabilise the SP, and possibly a nice steady rise from now.

GLA :)

FWIW I feel with the steady sell off since the presentation the BOD realised how their words have affected the SP and maybe feel they have to clarify with something positive. Suspension to stop the sell off and announcement of something positive to reassure investors to steady the ship.

Lots of perspectives on here but we won’t know until the announcement “as soon as practicable”.

Keeping the faith.

GLA :)

RNS reads

Mobile Streams plc is delighted to announce that it will be launching a special customised version of the 11 Wickets cricket game in India on the country's largest phone network Jio. The game will be available across the Jio network within the next week to their 400 million subscribers including over 150 million smartphone users who will be able to access the game directly from the Jio Game store.

11 Wickets is a highly popular fantasy cricket game which features the Indian actor Sanjay Dutt in its promotion. MOS has been working closely with the game's publisher Ability Games and Jio for almost 7 months to create a customised version of the game with exclusive gameplay and features specifically for handsets across the Jio network and through its Game store.

11 Wickets is a virtual online game of cricket, where the user gets the opportunity to build a team of 11 players completely of their own choice. Users can easily create their own team and select a suitable captain and vice-captain for their fantasy league by selecting players from the line-ups provided in the real match.

According to a Ficci-EY report, the Indian fantasy sports industry is expected to reach $2.5 billion in 2022. The industry is growing at a compound annual growth rate (CAGR) of 32% and is expected to be worth $3.7 billion by 2024. The user base was around 90 million in 2019, according to a study by the Federation of Indian Fantasy Sports in collaboration with KPMG.

MOS will generate revenue on a revenue share basis via CPI (cost per impression) revenue that will be generated by Jio delivering advertising with the game. More information on the Jio Game store can be found at: www.jiogames.com/jiogames/aboutus.html.

Tim Scoffham, Chief Commercial Officer Mobile Streams plc, said:
"We are delighted to announce the launch of 11 wickets on the Jio network. After 7 months of collaboration between us, the network and the publisher we are extremely pleased to deliver a fantastic game and significant revenue generating opportunity into India's largest network. This is just the next step for the Company as we continue our expansion:

Let’s not forget that Spain rules changed this weekend and now unvaccinated travellers allowed with negative fit to fly antigen or lateral flow test - so continued revenue stream alongside new products being launched.

Things are looking up now IMO

GLA :)

Great find #LondonMarket

I have clicked through as far as the payment page and seems to be live now! Strange the company has not issued an RNS stating products are now live on their website, possibly waiting to issue an RNS when Boots/Lloyds deal secured.

Still holding strong GLA :)

Good morning all.

I am confused with this mornings RNS - how have they reduced their holding of 14 billion voting rights to 194 million when we only have 244 million shares, each with one voting right - is this an error?

Is anyone able to explain this please?

GLA :)

Almost 4 months since last trading update and no firm date or details of new tests I.e. release date, deals with Boots/Lloyds etc. and radio silence from the BOD this is just slipping down.

Hopeful of any update as well overdue.

GLA :)

Good evening all.

Just some back of envelope calculations here.

Approx £8m loss for FY21.
Approx £8m costs for FY22 - going on last years figures
= approx. -£16m

Guaranteed minimum revenue of £10.5m for 1st of 2 year deal.
We have £7.1m cash at beginning of year.
= approx £17.6m

Leaving us approximately £1.6m in the black by end of FY22.

Looking at that it seems to me there is possibly no need for another raise. If a raise were to happen then it will not be imminent (famous last words) more likely 2H depending on how/when the guaranteed minimum revenue is received I.e. quarterly instalments eg.

All looking very positive IMO.

GLA :)

Good morning all - I really think this is so undervalued, an Mcap of £15m and FY revenue expected to be £16m and cash generative, cash balance expected to be £6.3m. New products coming on the market soon and busy travel season back upon us, many destinations still needing a negative test/fit to fly cert.

These are the reasons I am still accumulating and had another small top up of 30k this morning.

GLA :)

Also one of my buys today at 10.30am for 10k @ 6.93 is showing as a sell on here so don’t believe everything on the trades are correctly listed as buys or sells.

GLA :)

Hi all - This has been on my watch list for a while now. I have taken a small position here this morning as the Mcap seems very low compared to contracts being won, cash on hand and placing at 25p. Can’t see this going down any further now.

GLA :)

Thank you for your reply @Theanalyzer .

I was hoping this was someone being clever and buying before tomorrow’s ISA rush.

GLA :)

Just a quick question - if the 84m share trade was a sell for tax planning purposes, should the T+2 not put this as 07.04.22 settlement date, meaning it goes over into the new tax year and not the current one?

I am not a tax expert so would welcome clarity on this from anyone.

GLA :)

Thanks Womo

Aaahh I see so probably just a coincidence they are the exact same amount options exercised/shares sold.

Thanks for your reply

Looking forward to the future here as this test is an absolute game changer and already saved the hearing of three babies WOW.

GLA :)

Morning all,

Would anyone be able to explain how the director was able to sell shares 6p above option price when they won’t be admitted to trading until 8th April.

“In addition, Matthew Fowler, outgoing CFO and a PDMR, has today exercised 264,046 Options over Ordinary Shares at a price of 30.5p and following this exercise he subsequently sold 264,046 Ordinary Shares at a price of 36.5p per share. Following the above transaction Matthew Fowler has an interest in 52,500 Ordinary Shares.

Application has been made for 264,046 Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expect to occur on 8 April 2022 and the Ordinary Shares will, on issue, rank pari passu in all respects with the Company's existing Ordinary Shares.”

Apologies if this is a very stupid question.

GLA :)

Noticed this week that France are now open to non vaccinated travellers and just need a negative LTF (with cert) to enter. Free LFT’s now ended. Still a big market with Covid making a resurgence currently.

Also new products coming on this Q2.

I have had another little top up this morning and looking forward to the next news and should be a good’un (possibly even a divi, who knows!).

GLA :)

Good evening all.

Looks like Conduit Pharma have sold the whole 8.98% they received at equivalent of 4p per share, so sold at a loss it would seem. I notice the date the threshold was crossed was 28th Feb (over 1 month ago) and the price has settled at its current level/range since their selling pressure has gone.

This at least answers the question of why the SP has fallen to stupid lows.

Hopefully now Conduit are out we will get some big buyers taking positions We just need some positive news now from Cizzle and without the constant selling we should move up to a more sensible level.

GLA :)

The bid and ask are also weird as bid is much higher than ask.

Anyone know why that could be?

GLA :)

A lovely 1,000,000 share trade after close today - bodes well for tomorrow

GLA :)