Member Info for londondan

"Appointment of Investor Relations advisor" - well this is undeniably an excellent decision. IR is an historic weakness here, so it's good to see them taking steps to address it. Very nice.

"Need some heavyweight management on the Board sharpish too. Shareholders deserve better."

I like the cut of this Akers fellow's jib, Italian. Definitely worth a follow, thanks. Good luck all!

Thanks DC, although I wonder how much marketing they'll do around Melody VR now tbh. It hasn't been a particularly good moneymaker to date and Napster is clearly the jewel in the crown now. I expect they'll promote Napster strongly and ignore Melody for all intents and purposes, until its services and library can be effectively folded in to Napster via the new app.

Yes, apologies toniinot. Unfortunately AIM BBs do tend to attract their fair share of mouth-breathers and we have a couple of persistent offenders here. To their credit, the moderators do seem to be quite efficient at removing the worst of the effluent.

Deadcross - I agree that those figures seem to represent positive progress. The marketing drive planned for Q2 will hopefully turbo charge this further.

"From AD - "The Napster service currently has approximately 408,000 active subscribers with annualised
churn reducing from 16% in 2019 to an annualised 13% during the first half of 2020."

I don't see any reason why these shouldn't be considered to be the accurate subscriber numbers, given that they appear in the Admission Document.

I'm inclined to believe the numbers given in the Admission Document, given their specificity. The Proactive Investors article doesn't seem particularly credible. As Cheapie pointed out further down, the fact that it ends with 'The next step is for Napster to launch a monthly subscription service' suggests they haven't really been paying attention.

Two additional 'insights' there from Dumb & Dumber as well I see. The Albot 3000 is having quite a day.

Well, there it is at last. Got there in the end.

"proven out by previous attached info"

Your homework for the weekend is to learn what 'proof' means.

Barely any of that made sense. Take the weekend off and we’ll reconvene on Monday. Have a good one.

You haven’t proved anything of the sort. You crack on though. It’s not like your making up gibberish on this board is going to make the faintest bit of difference in the real world.

“We have over 1000 filmed 360 shows and counting”

And while we’re making stuff up, we also have the elixir of life and the formula to turn base metals in to gold.

"That was out of my control"

Sure it was. When you make up total nonsense it does have a habit of backfiring horribly, as it did for you this week.

"Double RNS day?? HUUUUUGE!!"

Let's hope this prediction proves a little more successful than your last one eh KoK? Even a stopped clock etc. etc.

Perhaps they're making sure that they've actually got it right this time, before issuing an RNS. After this week's debacle, I'd see that as a positive and a sign that lessons have at least been learned.

Indeed. With more CLNs coming our way soon as well. Super.

It's a fair point GS. I don't know why I expect any different. If this goes belly up they'll be the same ones howling about legal action and setting up 'shareholder action groups', long after the horse has bolted. Always the same with bulletin boards for AIM penny stocks.

"its a free market sell up and move on"

Yawn. Well we're flying through the generic bulletin board tropes this morning aren't we? I wasn't aware this was a supporters club where only positive views are permitted and everyone else should just 'sell up and move on'.

We end up with the same tedious guff being trotted out whenever anyone posts a critical view on these things. The business still has plenty of potential; it just needs an urgent change of leadership, in my view.

"of course if you or others were that bright then better than this company then why got involved in the first place ?"

This is just silly, not to mention borderline incoherent. Everyone backs a dog once in a while. Plenty of companies show a lot of promise and then fail to live up to those expectations. It doesn't invalidate the opinions of those who bought in to the potential. Also, the company isn't 'creating business' at all. They've bought some business, I'll give you that, but their track record of organic revenue creation is dismal.

It's very easy to sit there in the back of the clown car, pretending to be the calm, logical voice of reason and saying things like 'be patient' and 'trust in the process', while the wheels and doors are flying off at high speed. For the rest of us, pointing out that the car appears to be hurtling towards disaster is a reasonable thing to do.

Farewell VictorWhateveryournamewas. We hardly knew ye.

"As for why it didn't happen today and this month and now when I want it"

This is a pretty flimsy attempt at deflecting legitimate criticism. It'd be a bit more credible if the company itself hadn't made an announcement via RNS, which it has subsequently failed to execute. It raises a question of basic competence. If they can't get a simple name change right, why should we automatically assume they're in complete control of their more complex challenges?