Member Info for LowiePete

Perhaps you should spell Oculus without the double-c - it produces 18 results at time of posting...

https://www.ebay.co.uk/sch/i.html?_from=R40&_trksid=p2060353.m570.l1313.TR10.TRC2.A0.H0.Xoculus+go.TRS0&_nkw=oculus+go&_sacat=0

For a test of concept and resources, an intimate concert like this is perfect! The bigger stars and venues can wait their turn. You need to remember that with new tech there is huge potential for it to go wrong, with potentially disastrous consequences. Seems to me that by this steady launch of a live gig MVR know exactly what they're doing and while these shares are under 10p, they are an absolute steal! Fill your boots because future live shows will bring in revenue beyond any forecasts I've seen here. Anyone investing on AIM should _know_ that there's manipulation by very wealthy forces; just stop fidgeting and sit tight...

did a little top-up --- might be rude not to...

So bad that I wouldn't even provide them with my scrap email address on their top 10 offer. Even the idea of saucing it up with "intrigue" fell on marshy ground. Just properly DYOR and you'll let such nonsenses go their own way. At these prices, this share is a steal!

Yeah, really big news in March 2017...

Bearing in mind the fragility (term used loosely, without loss of severity!) of the political situation in Zim, I'm assuming that the NewCo is just a creation to allow the ZimGov to proceed with relinquishing the legally sought ownership up to 90%. Once that obfuscation occurs, presumably the NewCo becomes the JV everyone has been baying for. Kinda, when in Rome... Am I reading this correctly? Is this what the expected bounce spoken of will be based upon?

If it wasn't for the posters who have nothing to say but to verbally castrate, we might get to see the real picture. I got out a while ago with a bit of a loss; only recently got back in with a small hope of recuperation. Small hope, I said!

best advice ever given on AIM is not to be greedy - I got out after a bit of a loss in the 1.6p range. I'll be happy if I can recoup with a tad of interest. It was only a dummy sell out of a few more than 50k...

trombone = parp, parp, parp-parp ?

...offered 0.2252 for just 50,000

I'm pretty sure that can't or won't happen. At least not without falling foul of accessibility laws. If I, as a disabled person, cannot physically travel to a venue then the option of buying a VR ticket becomes very attractive to me. Can they _really_ deny me such access if the venue is not sold-out? If there's a way of alienating fans, able or not, then waiting for sell-outs will be a sell-out!

Maxdba, surely there are exactly the same concerns, and costs, e.g. for Ed Sheeran's 2019 tour, will MVR record just one concert, or all of them? If the latter, moving personnel and equipment from city to city is not going to be cheap. Being "on the road" will require a certain mentality. If someone goes sick, or any of a myriad of human frailties occurs, the costs will rocket!

I cannot imagine the amount of computing power that's going to be required when there are potentially hundreds of thousands of users all expecting a smooth flow of the content they're paying for. This for a peak use of maybe only 3 hours, then a dramatic tail-off. There are still a few potential pitfalls ahead where MVR could become the victim of its own success, and this could be one of them. Once it is all in place, the sky is the limit, but I feel there's a year or two's work yet to go!

I don't think there's too much to be worried about. They do have a strong team in place and they're spoon-feeding just as fast as they can currently cope with. The resources needed for a live gig won't be set in place in just 5 minutes so the present approach is essential to keep users on side. As a few have already said: It's a patience and waiting game. There's no question that it'll pay off.

There's a great deal of talk about the value of MVR being in its growing library and expanding into new territories. I'm not sure. My money goes upon the company's _ability_ to record. In other words, even if there are multiple events happening simultaneously, MVR has the staff and equipment to be there to record it all _and_ still have capacity to create its own non-publicly attended content. All of this adds grist to the mill, but it's going to take time to recruit and train the staff along with solving the nightmare logistics of getting complete recording teams in situ for every event, considering their distribution all over the globe. Rostering staff for fixed locations over a small UK area is bad enough!

For a music library MVR's is miniscule at present, so limited VR viewing access isn't such a bad thing for the time being. This gives MVR time to develop its background personnel / equipment foundations which will probably eat into the cash reserves a little more quickly than planned. No big player is going to want to buy MVR out until the outfit runs its highly mobile recording teams like an established and well-oiled machine. The biggest risk is that recording involves people and their fallibilities. Even if the cameras are robot controlled there is still an expectation of a quality outcome from every gig, which means high human dependence.

The music library will become the bread and butter, eventually, though the jam will come from the company's ability to "be there", almost like news teams, to match the expectations of the record labels and their artists. Of course the App will need continuous development to keep the jam sweet, but it's a sideshow by comparison. (Chicken & Egg) Spreading into bigger markets until MVR can properly meet public expectations would be very risky!

All these price manipulators can play their games with the SP for as long as they like, provided they don't create an unwarranted panic that puts the MVR base at risk. Considering the potential, and presumed steady growth of meeting the intended market, you'd also think the SP would be rising with it, but sadly this is an AIM stock. I'll just be patient in the mean time.

Did you check the date of the article Albert? There's been a little bit of movement since then. Not much, I grant you, but it's all in the right direction if you don't count this share's price...

It's no great shakes - these will be computer "residues" usually being sold as the remainders from several previous trades. It'll be traders who pay in bulk as opposed to individual ones like you or I. All this "Code 1" etc., is just TBS

So, the share would be worth around 75p (at today's figures) for every £1bn paid for the company. Yeah, I'd be pretty vexed at a quid; that under-values the concept's potential by quite a margin. Even so, I'm looking forward to having a bit of a pot to dip into in the not too distant future...

Did a little top-up @ 8.29 - not quite down to 10p avg, but not far off.
When's the bidding war gonna start? LOL

This begs the question: What are this supposedly first rate team actually doing? The SP has almost halved since the app release - who was predicting that ahead of F8?

All that being said, I still don't see why there has been such a huge SP retrace. My assumptions, which could obviously be wrong, are that there are 3 critical lines that need to converge in an upward trajectory. First is VR uptake - presently nowhere near what we might call critical mass. Next is the library size - absolutely miniscule at present. I'll come back to this. Lastly, there's inward revenues - the biggest driver hopefully being sold-out concerts by major artists. So, if it comes to a point where MVR is sold, it seems that's a concensus here, surely it'll be cheaper to "buy the concept" and put your own influence on it than to wait for a "maturity" of the three lines. However, it's the equipment cost which baffles me. Is a million quid enough to kit out a fixed studio (�100k per camera + �300k electronic controls & operator costs), or is everything always portable and prone to damage, and therefore costs significantly more? Unless and until there are there sufficient recording teams I'm assuming there has to be priorities in choosing studios for creating a library that can cope with the immediacy of the music business. So, a multi-million (billion?) pound sale will only be the start of some major spending by the buyer. My personal belief is that at some point there could be a bidding war twixt at least 5 and maybe up to 10 players - the question is when and how deep will their coffers be in funding the ongoing costs. It's a whole lot more than hosting MP3 / MP4 files in the cloud.Will this happen early and be cheap or is there a waiting game going on to see who jumps first?

WS: "Why would people want to spend time in VR at a festival/concert etc when they are there? " So, you can watch one act live and then watch a recording of another act that happened to be performing in overlap. There's been a few occasions at Glasto where it was a toss-up twixt two acts or wondering how far away from each other they were so as to miss as little of each as possible. If one act is in a tent, it'll be nigh on impossible to get in once a performance starts...