Member Info for LOTM-13

Hi joseywales & GMHK,

I don't know if you had a look at that off topic share or not ?

I'm more bullish on it now than at any point in the last 3 weeks of research.

Opportunity timewise would appear to be closing fast, 11 trading days max before the 1st of several RNS's in May I'd say.

Good luck with the research

LOTM

Hmm my post ran out of room again ! :(

The business model - the investor part of the website isn't good, but go here https://www.mirriadplc.com/investor-relations/reports-and-documents & download the 25th August presentation.

Page 7, is saying that if 2.4% of advertising were to shift to VPP by 2026, it would equate to $2.5B & if Mirriad had 20% of partners signed up it would give them $125m ($500M split 75% going to the content providers & 25% to Mirriad) that's £100M gross & that's before you even consider that they have 40% signed up already, not to mention the rest of the world opportunity. Gross margin is meant to be high but really need to see if it stays that way, even at 50% net you'd be talking £50M profit for the year or 5 times the current market cap!

Hence why I'm going to be keep a lot of them long term !

Good Luck

LOTM

Hi Walkietalkie,

hmm you probably ran into the same "limit order" issue I had :( I'm not sure if its a more of an AIM thing rather than a main market one, something for you to bear in mind for the future.

My limit order wasn't getting filled, yet buy trades were clearly going through at below my limit price. So I did a quote & deal instead & got stock that way. On AIM if the offer price doesn't go below your imit price it won't trigger & there are occasions I've found where the official quote is completely wrong & both bid/ask trades are going through outside the quote ! ie quote is 2.55 - 2.65 yet the buys are at 2.71 & sells at 2.67 !

I've done about 10 buy trades so far, from a high of 2.25p to a low of 1.74p So far I bought 900,000 (& that will go to a million before Wednesday) my average price is around 2p.

These are a long term hold (well most likely until it gets taken over, or something dramatic happens). I'll buy an additional trading parcel after there's 1M locked away 0.2% of the company.

I know your more into your Tech stocks than me ( a non techie) but market cap is £10M roughly. First target for me is £50M then £100M given what the projected revenue figures will look like.

As you'll have seen 2phevs is the unbelievable source of knowledge here , backed up by Mr Taylor194

Your entry time is very limited I'd say, the window of opportunity has shrunk fast. Which is why I've had to accelerate my own buying plans :(

TV upfront 2024 starts 13th/14th May - CEO posted on LinkedIn (there preferred method of communicating as well as the https://blog.mirriad.com/ ) that they will feature in some of the content providers presentations - previews of there autumn schedules & shows.

They recorded a webinar with Microsoft probably on 9th or 10th April & CEO late on the 10th, posted about it & being able to view it "Soon" its Microsoft's so they control the release of it etc - its no-doubt going to give details of the collaboration they have regarding AI etc

The signing of the other top 3 content provider they are in talks with - which would give them access to over 55% of the USA market instead of the current 40%

The annual report could drop in any day now & hopefully it has a bit updating the heading figures for Q1 as well.

There are other things in the wind that could come out at any moment as well - programmatic live & earning revenue being one of them.

Cash is the big issue, they were meant to be funded to 31st August at a cash burn of £700,000 per month. We have no idea if that's accelerated due to all the integrations there doing or is still the projection. When will revenue increase markedly again we don't know, but the gross margin is meant to be like 85% (need more evidence). I don't currently see a scenario where they would need any more than £5M more to see them through to the break-even point - doesn't mean it will be through equity & they may not even need it at all.

I think this is

Hi parkez,

That was the trade the original poster was talking about.

Yes this year's ISA limit, is a cash injection £20K & £5K for this new add on max, so it wouldn't fall within that remit.

However brokers allow you to take significant sums of cash from your ISA & then put it (or stock) back in it before the end of the tax-year. So don't be fooled into think £20/£25K is the max, that's what MM's etc want you to think.

LOTM

Hi parkez,

You clearly can't read time stamps just consecutive numbers.

The Sell trade 193 was at 10:11:24 @ 0.09p

The Purchase trade 192 was at 10:11:46 (that's 22 secs later) at 0.09004p

I rest my case, park my handbag.

LOTM

Actually its very likely they are a bed & breakfast trade.

Probably from a normal account into an ISA.

Thus creating a tax loss on the normal account at the same time any gain from here is tax free.

LOTM

I posted on the ITV thread the other day after reading about them losing £1M on Mr Bates verses the Post Office.

About Mirriad being able to help them recoup some of those losses with virtual product placements in it.

Anyway someone responded to it & has apparently used Mirriad in the distant past, I've tried to invite them over here to contribute to the discuss, in case there input could be of value.

Good Luck All

LOTM

Well spotted 2phevs :)

Just wish I'd been around at the time!

The translation of the article

Mega performance: The Amazon series “Maxton Hall – The World Between Us” had its world premiere in Berlin and I was there! It was great. To kick things off, there were the first two episodes on the big screen in the Zoopalast, followed by the reception in the Orangery in Charlottenburg. In the Orangery, everything was prepared in the style of Maxton Hall College: between the champagne pyramid, coats of arms on the walls and candlesticks with bows, you could completely immerse yourself in the world of the elite school. On the blue carpet, however, in addition to the actresses and producers, it felt like half of the Germany's Next Top Model candidates appeared as well as numerous influencers from Japan and the USA. Maxton Hall is the film adaptation of the successful novel “Save Me” by Mona Kasten (first part of the Maxton Hall trilogy) and tells the love drama of the scholarship holder Ruby Bell and the wealthy James Beaufort at an elite college in England. The series will be available on Amazon Prime Video from May 9th. Please be sure to take a look. For me, of course, it's not just the story itself that's exciting, but also the possibilities that Amazon series offer in terms of placement. 😊

Read into that what you will

LOTM

Damn it,

Not been at the PC for hours sadly & it takes off :( I've just had to pay 1.98p for the next 100K

Will try & catch up on what's happened !

LOTM

Hi radiogent,

Very interesting to learn that.

They now do it as virtual product placement.

They did one for C4 last year tied into the First Dates series for a premium drink.

They are using AI to generate both the opportunities that are available in the program as well as all the target audience data so the advertiser can then choose which scene would be right for them & then insert the product or bill board accordingly. They are saying on average it's creating 6 to 12 opportunities per hour.

The success rate & uplift for the advertisers seems to be very significant indeed according to outsider 3rd party's like Kantar & Dynata.

Now they moving to a programmatic solution for doing it.

The recent one that amazed me as I'm not techie in any way (although it sound like it will be old hat to you) was with a minority artist singer that L'Oreal 's Mugler wanted to work with to reach a demographic's they wanted to target/reach. Mirriad spoke to the video director before the video to the song was made & asked for a couple of "windows" to be made in it (beginning & part way through) . Once complete they inserted the Mugler Billboards.

So they helped plan it from start to finish which impressed me, as to the level of there involvement.

Maybe you can contribute to the discussions on the Mirriad ticker ? MIRI

LOTM

Hi radiogent,

I personally had never ever heard of Mirriad until 3 weeks ago.

Originally I believe there technology was for post production stuff for the film industry. They then pivoted to virtual product placements.

I think you'll find there about to have massive traction, given over 40% of USA content providers have signed up for there offering & there in negotiations with another of the top 3 which would take them to over 55% of the USA market.

In a company post yesterday a number of those massive players are going to be featuring Mirriad in there up coming TV upfronts 2024 presentations in May, where all the big players release details of the autumn schedules, new series releases etc so watch that space.

Then think what that same technology could do for ITV & all its content & advertisers to boost the bottom line.

LOTM

hi cab*****,

interesting read but sadly 2 years old.

lotm

Hi saxman303,

The algorithm just looks at the trade price & which side of the displayed bid/offer prices it falls nearest & puts it in that column.

That's why you look around to see other trades around the same time to see if they were an actual buy or sell. Sometimes the spread is so tight its hard to tell which are buys & which are sells.

Good Luck

LOTM

That 100,000 purchase at 1.81p was mine, so that's me up to 800,000 now & my target is now 1M before 1st of May.

GLA

LOTM

Hi saxman303,

I'll be topping up as well today :)

Only problem is what to sell to do so :(

GLA

LOTM

The big question will be whether Dr Cooley bought any more shares yesterday on re-listing ?

Is he happy sitting at 6.88% or does he want to own more ?

GLA

LOTM

Hi CrustyPete

You've obviously not looked at the link I provide otherwise you'd have seen they are totally separate things.

The Mbelele 1 well is very close to the edge of the Noble license area & the presentation clearly shows the gas cap area extending into an area that is currently unlicensed ( but one Noble has applied for) HE1 could have applied for it to!

The presentation also for some reason highlights that TGS 6.7% Helium which is a great distance away from Mbelele & has nothing to do with it, so why have they put it in the slide this time when they haven't previously.

LOTM

I don't know if anyone has pointed this out or not ?

Page 8 of the Noble Presentation from 23rd April

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02798221-6A1203825

As you'll see they show the HE1 location with 4.7% Helium on it, but just to the south-east of if they refer to TGS (Tanzania Geological Survey) & 6.9% Helium !

I wonder why they've done that.

I also wonder if HE1 have applied for the the lease or 2 leases offsetting the Mbelele 1 well ?

If they have & were to get awarded them instead of Noble (who have definitely applied for them) then HE1 would have obtained a good chunk of that gas cap for zero effort.

GLA

LOTM

Hi TheT,

I looked back & there are only 6 days since the 1st of Feb when the daily trading volume was over 5M shares, ie £100,000 max in cash terms & of those 6 only on 2 of them were over 7M shares traded (Mar 4th = 13.1M & Apr 8th 19.6M [the day I first knew about MIRI] )

So it is absolutely flying under everyone's radar.

Good Luck All

LOTM

Hi TheT,

Nice to see you joining the discussion :)

I totally agree funding is a major issue & so far the company has done itself no favours in that regard by being so late to

1) get its annual report out for 31st December yet were able to give the 2 headline numbers before 24th Jan.

2) Provide some sort of monthly metric that would show the growth's there achieving to investors.

I don't think the issue is holding back new investors though because there are none, because the company to date has been so low profile with regard to investor engagement its crazy. The investor section of the company website confirms it with stuff that is just way out of date, ie 2 or 3 years old etc.

Even if we had the end of March bank balance & quarterly revenue number we'd be able to project how far into the future the company is currently funded for. The business plan had them lasting until 31st August, although the end of December numbers would indicate that, that has been extended a bit, but personally I think the opposite will have happened, that cap-ex has increased to bring the new content providers & programmatic offering online quicker. Hence the need for those numbers.

Totally agree the company is in play & even at £100M I'd say it was still in play.

I think there is a lot of news to come out before the end of May.

Tonight I was watching CNBC & one of there outside contributors was going on about the significant increase in digital advertising spend in the USA that has just occurred & they believe it is only the start of it.

If they do need to raise cash they maybe able to do it another way (as I have tried to point out before ) rather than an equity raise.

LOTM