Member Info for LovableLumax

They have had these superb partners for years and hundreds of posts on LinkedIn for years but the simple fact is they haven’t yielded any real upturn in revenues which is they they continue to burn huge sums of cash.

2phevs or James (not Stephen!), I would love you to get what you requested below but I really think you’ll be shocked at how poor it is so it’s like you’re a turkey demanding Christmas. Remember you were shocked when the Jan trading update published on last year’s revenue (I pointed out that immaterial deals mainly and uncovered on LinkedIn).

The good thing is LOTM we keep at it from all angles I'm pushing for 1st qtr booked rev and end of period cash RNS or reach release to market

Amazons method is something knocked up in 4 months by interns. Haha, what a joke.

That’s the issue if Mirriad’s IP is that strong why haven’t they been bought for £55m? I suspect companies know mirriad cannot defend its IP so they’ll crack on and take the risk. They can out lawyer them and no way can mirriad afford to defend it. Why their pipeline is so crap and why they don’t have any strategic investors from media cos buying in at 1.25p.

The Directors expect other major media and adtech companies to enter the in-content market over the next twelve months. The Directors believe that ultimately this will lead to an industry-wide development and adoption of in-content advertising as a new advertising format.

There are, however, emerging competitors who provide similar services (in some respects) to those provided by the Company and several who have longer established business models with larger revenue streams operating in adjacent business sectors. It is also possible for very large and well-resourced organisations who sell advertising products as part of their core business to see the market potential that the Company sees. While the Directors believe that replication of the Company's platform is complex and a level of protection is afforded by various intellectual property protections, including patents, copyright, trademarks, trade secrets and contractual provisions, to preserve its intellectual property rights, an organisation with the ability to invest and devote resource to the development of an advertising product could ultimately replicate the service provided by the Company. Many of the Company's competitors and potential competitors have significantly greater financial, technical, marketing or service resources than the Company and have a larger base of products, longer operating histories and/or greater name recognition. In addition, the Company's competitors may be able to respond more quickly than the Company can to changes in partner requirements and devote greater resources to the enhancement, promotion and sale of their products and to the development of new products.

Nearly lost well over £100,000. He will be desperate to pump and class back as much as possible before the fall below 1.25p as it did at the last 3p placing.

In the event that the Resolutions are not passed and the Fundraising does not complete in full, and if such an alternative source of funding cannot be found, the Company expects that it would only have sufficient cash to fund its activities until the end of August 2024 and it will seek to conduct an orderly wind down of the affairs of the Company substantially before that time.

stephen you still can’t admit you posted more bull **** as you initially said you’d found amazon's version when i had to point out it was something interns (of which amazon employs over 10,000) had knocked up.

this space will be massive and there is no way the big boys will let little mirriad take a slice. that’s why they’re launching their own and there hasn’t been an offer for mirriad.

to think amazon or disney can’t put signage or logos on moving images again highlights you’re either thick or just desparate as you’re likely £50,000+ down.

if no one is interested in buying mirriad for say £55m (10p a share now) it’s because the ip moat isn’t there or because everyone knows mirriad too skint to defend it.

i’ll let stephen post more nonsense over the weekend but will be back to correct his nonsense as he wants to sucker newbies in (again) so he can offload.

But Stephen was sure when mirriad invoiced £1.8m last year which on average would be £150k a month they could get some decent finance. Of course that would be attractive given they only burn 5 times that each month!! Funny as. But someone liked something on LinkedIn. No wonder this clown didn’t see a raise coming. Remember he posted this -

yep lotm especially if they use confidetial invoice financing that can release up to 90% value of booked work and again stephan had a like from a specialist provider of this type a few weeks ago which i posted here.

Stephen, do you think if Amazon was white labelling they would have a better pipeline? Amazon and any other competitor know they could infringe on Mirriad’s IP as mirriad will need another raise just to defend it or burn even more money and have a raise in months. That’s why the competitor risk and IP risk increased in their annual report.

even though 2phevs deleted his embarrassing public post on linkedin to allenby having worked in the city i know they’ll still be ******* themselves. i bet they took a screen shot, these are the mug punters on aim minnows who don’t even know the role of a nomad versus broker.

what a shame i didn’t copy that. comedy gold.

have a good weekend holders. have set a target of 2p to sell my 500k. until then i’ll call out 2phevs’ bull**** as he’ll lose others money. i’ve written this off so if it doesn’t get to that all good.

when i tried to warn of a raise in a polite way 2phevs who is quickly back to pumping immaterial posts from linkedin wrote -

ahh the loveable tickboo mirriad recent linkedin likes that turned into business

maria from mirriad wai q italk toyota campaign liked in december 23 campaign just recently announce

mark from mirriad 4 people from triplelift liked his tpn goldshield post in january deal announced recently

i could go on but i'm not going to totally reveal how i do my research and i'm lucky that i have the time maybe you haven't and that's why you called me creepy last year its called research i'm afraid

all the best anyway and sorry to hear about your avct experience recently.

he ignored my polite (and it was) re an imminent raise and decided to take the **** out of an avacta raise. what a pathetic little **** as his even more pathetic linkedin post to allenby was. they’ll be ******* themselves 100%.

bearing in mind mirriad’s total revenue last year was £1.8m and it was burning that nearly every 2 months he wrote -

yep lotm especially if they use confidetial invoice financing that can release up to 90% value of booked work and again stephan had a like from a specialist provider of this type a few weeks ago which i posted here.

defo best to ignore his ramping, he’s massively down the doesn’t understand the basics. poor little guy.

I’m not sure what’s worse with the rampers on egging people to buy double at over 2p when a raise imminent or trying tow make out they co could’ve raised money on better terms elsewhere and has sorted affiliates out via mates rates. It’s not only ludicrous but if that was the case and the CEO decided to shaft all existing shareholders to give away 500m at 1.25p I would sell my shares as soon as the pumpathon starts as he clearly can’t be trusted. Stephan will take nearly 10% of the raise and another will be needed early next year (currently burning circa £800k/month).

Mates rates or not 500m shares will be churned through like last time then it’ll sink below placing. At least the placees woll get some cash back before the ship sinks.

Ah apologies I may be wrong as pointed out shares were admitted yesterday. Seems odd though as someone dumped 5m earlier which married with M&G going down by a little over 1%. Not sure either way.

Wow, I called it although thought they’d want more than 5%. Funny as. Mates rates eh. They just want to make some money back as think it’s going down the pan.

Agreed the bottom could well have been hit. For now. Remember at the 3p raise it went a little over 4p before profit taking took it down and then settled around 2p so 33% down. Just had 5m in sells, maybe forward sold and making a little less than 5% on the 1.25p. I reckon there’ll be a lot of that like last time although I’m sure most will want more than 5% profit!

2phevs the more you continue to push your naive and stupid theory the more I will point it out for what it is. If you think the raise was done intentionally at 1.25p and some 500m shares to get some IIs in on the cheap you’re as dumb as you seemed when you were egging people to buy at 2.2p.

I bet you didn’t know what a material contract meant.

Answer me, do you think they had finance options available when their turnover is £2m, burning say £750k cash a month and might break even end of next year with a pipeline of £2.6m. Get a grip FFS. Mirriad would have done under in August and the IIs would not go any higher. The worry is history repeating itself and another discounted lower raise next year.

By the way it’s the NOMAD’s job to ensure material agreements are subject to an RNS.

They’re featured in case study videos years ago. Likely still on their website somewhere. All good examples but nothing new and even if new worth very little so not material.

Only material agreements should be subject to an RNS. Like the tier 1 deal thought to be Disney a few years ago and we didn’t hear anything after the 2 year trial so either they are still a client but spend very little or they’re no longer a client. Who knows.

And the next year revenue declines a little so their packages are worth over 50% of total revenues. Nah not a lifestyle business at all. Stephan in his previous roles would have been on £200k max, he's had a great time spreading the jam

And in that year you'll see just the CEO and CFO's packages were over £1m so close to 50% of total revenue FFS

Buythedip 3 years ago turnover was over 20% higher and they said this in the annual report -

60% Top 100 global advertisers are clients

Growing number of global RFIs

and RFPs

80/90% Major USA entertainment companies/major broadcasters in the UK, France

and Germany Partnerships, negotiations and engagements

The above was 3 years ago when they had some 200m shares in issue and soon to be 1bn with less revenue and more talks of break even at best IMO in 18 months so another raise needed and what nearer to 2bn shares??

Buythedip I only resent the chuckle bros egging all on to buy when they clearly have little experience in AIM PLCs, nor do they know the basics re accounting, AIM rules, role of NOMAD and thinking the BOD had other finance options except a crap raise although they spout mates rates. It's embarrassing and to waste time emailing such things and writing on LinkedIn would put people off investing as you'd think the co attracts numpties.

Another raise in H1 next year bang on, the question is i the share price higher and if programmatic continues to have slow take up it will be painful. Also, given their pathetic balance sheet and cash burn anyone thinking they might infringe on the IP won't care as there is no way MIRI can afford the lawyers to defend it.