Member Info for LOTM-13

Hi joeblog1000,

I've just checked my emails, no response thus far, but I did specifically ask for a response once every member of the board of directors had received a personal copy of the email. So that I know each of them had it & therefore had no excuse for not seeing it or reading it & the investment case document.

LOTM

Wow somethings going on in the background !

I can now sell 6M for 0.2756p which would suggest that they are trying to fill a buy order ..............

LOTM

Its all covered in the document !

3 revenue warnings in quick succession late last year. If the $20 - $40M contract had gone through last year ( not there fault I believe as Mirriad is effectively a facilitator between the big content providers & the multinational Ad Brands).

Then it wouldn't be sub 1p it would probably be at 2p plus currently.

Any questions then just ask us on the Mirriad BB don't want to spoil other peoples BB

LOTM

LOTM

Hi Dustyslay,

Someone asked me to write an investment case document on Mirriad a couple of weeks ago !

You'll find the document here

https://uk.advfn.com/cmn/fbb/thread.php3?id=42041562 it's under the latest post 4100

I can't post it on LSE as its about 20 posts long! it has lots of links for you to do your own research own. One of the cleanest balance sheets you'll find, no debt of any kind just cash in the bank, which they are burning through.

LOTM

Hi buried_treasure :)

SCGL - ponzi scheme of the 1st order, I went through it several weeks ago, with all the things they've agreed to, there will basically be 2 Billion shares in issue !

So it had a market cap of £280M for giving a company a £0.5M loan that converts to equity !

Some people have made a lot of money on that company & others have lost vast sums of money !

Dustyslay, if your interested in something AI & speculatively then have a look at Mirriad (Miri) I currently own over 2.5% of the company for full disclosure, that's lots of stuff you can research on it & it has very significant potential.

buried_treasure you're welcome to take a look to & cast a critical eye over it.

LOTM

No problem Bestmate, the document now that its done, has uses :)

You just want them to soak up as much as possible and obviously the lower the price paid the more they can soak up and that's where it has the biggest impact !

LOTM

They'll take 6M off me at 0.2722p now but not any more than that.

I can also get 0.2752p for 1M shares but any higher and its back to 0.2722p

LOTM

Hi M1Rob,

Which trade / trades are yours ?

I thought you'd left for some oil company, what happened with it ?

LOTM

Hi Bestmate :)

Not what we wanted to hear :( we want as much stock in long term holders hands as possible.

Well you can only keep pushing & asking if they've any questions from the document etc.

Any other avenues coming to mind ?

LOTM

Hmm I wonder how he replied when the ii brought it up then!

They are both Chicago ! :(

You must have seen it to then!

LOTM

They'll take 3M shares from me at 0.2715p or 5M shares at 0.2681p (didn't try a bigger size than that !)

So you could say they are looking for stock even after a couple of days of getting stock on the book Ajay18 & others have taken it from them !

Just need to keep finding a few more longer shareholders & the squeeze will tighten more & more.

LOTM

Welcome to the list Ajay18 :)

So the current updated list Alphabetically for you is ......

2phevs, 16M+ shares

Ajay18 3.5M shares

Bentley43 12M shares

Bullishbearish 2.5M shares

BusinessOwner Daughter 2.19M shares

Buydipsellrepeat 10.5M+ shares

extrader 2.5M shares

Flightman 22.5M shares

Fonzi99 1.5M shares

Hosko 2M shares at an average of 0.28p

joeblog1000 & brothers 1M+ shares

LOTM-13 26.5M shares at an average cost of @ 0.47p per share (this includes a trading parcel of 4M shares)

MammaC 1.1M shares

Total 103.75M shares or over 10.3% of Mirriad on LSE

On Advfn

Sharewatching 1M

Total 1M or 0.1% on Advfn

Grand Total 104.75M shares or 10.4% of Mirriad

If anyone else wants to join the list please let me know don't be shy, there's absolutely nothing wrong with owning 1M shares & being on the list as 1M = 0.1% of the company roughly

LOTM

Hi Ajay18 :)

Welcome to the world of Mirriad ! :)

Can I ask where you heard about Mirriad 1st of all ? I'm always curious to hear how people came across the company especially when there wasn't a news release or such like that might have caught the person's attention ?

Do you want me to add you to the Major Shareholders list ?

LOTM

Sorry was out this morning for a little while & seem to have missed the buying action!

Someone clearly had a big munch!

Anyone owning up to which trades were there's other than joeblog1000 whose declared the size of his trade!

LOTM

Hi 2phevs,

What I didn't say earlier & should have, (other than the agency involved & SB seem to do a lot of likes! I guess that is one of the two mentioned in the 7th Jan trading update).

Is this is talking about women's sport, now I remember seeing I think it was on CNN a couple of months ago about Oprah or Whoopi Goldberg (my incline is it was Oprah) wanted to do a free to air women's sports channel with adverts!

So I'm wondering if this is that all starting to come together!

LOTM

Hi Simms45,

Your getting part of it but not all of it sadly :(

"Programmatic sounds the way to go" - No they have no choice but to do it, that's the way the industry works, the issues is that "Programmatic" is now like a generic term, to cover the idea, not the functionality itself, Mirriad need an End to End Programmatic Solution.

Measurement has shown the uplift that VPP gives - in TV ads its Ad$1 turns into $7 of revenue from it, with VPP that same Ad$1 turns into $26 - a total no brainer regarding the end outcome.

I'm guessing your still not invested in Mirriad yet, so what is the trigger that will get you to do so ? the "Programmatic Live" announcement / the winning of a Major $10M plus Upfronts deal / or what ?

By the sounds of it, you don't like risk & want the risk to be as low as possible before you invest in anything, if that's the case the reward that will be left here for you to benefit from in time will be much lower, in that case your time might be better spent researching companies with much lower risk profiles, maybe from ones I know about OCN or CNE are more what your looking for.

LOTM

Hi 2phevs :)

Your post from yesterday has only just appeared on my screen! :(

I was coming to say to you that SB just liked this post https://www.linkedin.com/posts/benmolinari_thank-you-to-jon-tuck-suzy-deering-jared-activity-7295136301421383680-MZ5F only 4 weeks after it went out!

LOTM

Hi Harris07,

Sorry I forgot to say yes there is a lot of reading in there and even more so when you start to go through all the links !

Happy to try and answer any questions you may have as you process it all.

LOTM

Hi Harris07,

Hmm I think the Margins that Mirriad are getting are good, but its kind of this chicken & egg situation.

They need cleared content to work with, on the numbers we've seen very little additional content was added in 2024.

Obviously the Multinational / Brands want there content seen by lots of viewers etc but if there's not much new content to work with it is harder to find the right slots to VPP into.

I also think when you look at the JupiterOne info & factor in Measurement, that the Brands have been on a learning curve around what works & what doesn't & of course without Programmatic everything has to be done Manually still & it takes long & its hard to scale :(

All of these issues seem to be being overcome slowly but surely, Upfronts will be the key reveal when we get to see the size of contracts being signed & the number of them!

If P&G, GM and Pepsi all signed $5M contracts with both WBD & Paramount that would give $30M or £4.5M in cash, add in Europe £0.6M & scatter market stuff & everything else & they would be fine in due course, if they got one of the big $20 -$40M contracts & a number of $5M ones they would be more than fine!

but they may still need a little cash to see them through because of that sort of 3 month delay of revenue becoming cash in the bank.

LOTM

The lower the share price goes the more dilutive every single raise is for the long suffering shareholders.

You've now been diluted by an additional @ 20% since the share consolidation, then factor in all the warrants the company has gladly dished out & by the time the share price got back to £4 (1p old money) you'll have north of 30% dilution in play, all of which just limits the upside & makes it harder & harder for existing shareholders to get back to breakeven nevermind make a profit.

And if they need to raise more funds down at these levels then it just gets worse & worse for anyone with an average price of £4 or above.

Sadly its always the long term shareholders who suffer.

LOTM