Member Info for Magnet30

He isn’t Whizz, time to head for the hills

I’m with HL and took part in the open offer, basically for the options, but they are yet to appoint my portfolio, anybody else experiencing the same?
Not that we will ever get to use them of course

It definitely said in yesterday’s RNS that they would Start work on clinical validation of the LFD and again today in TPs broker note.

I took the RNS on 22nd July to be that clinical validation had started on BAMS, 6 weeks later there has been no RNS stating this is complete, implying it takes at the least 6 weeks.
Yesterday the RNS Stated they had not even started clinical validation of the LFD, we know LSTM are helping within the Condor programme but not expecting this to be complete for possibly 2 months based on BAMS still unfinished.

So Napster are generating $30m/month from subscribers, $360m/year
There expenses are about $30m/year

How was this business bought for $70m
How are they in debt $44m

Makes no sense

Sure I read that 4 years ago when I invested

Just think one App with everything on would be genius, just 3 buttons music, theatre, VR then off into the libraries.
That’s if the amount of subscriptions can support it financially, instantly got a shed load of subscribers with zero marketing or finance other than setting the App up.

I’m of a mind we might see another name change and operate under the ‘Napster’ name, include all of the VR experiences on one App that already has a massive amount of subscribers, and probably include theatre on it too.
I expect they will still charge for one off shows both music and theatre, and after a few months make it free, well free to subscribers.
Didn’t the RNS say Napster had over 10billion streams used in 2019, I honestly didn’t even know they were still going, but are obviously massive somewhere in the world. Hopefully after this tie up, they get more deals for subscribers in the rest of the world and lots of tie ups with mobile operators.

I’ve mailed IR a few times over the years, never once had a reply

Is it till November, I skimmed the RNS but didn’t see a deadline? Thanks

It’s absolutely incredible that these jokers have been working on this for 5 years, what the f*** do they do all day, bizarre.

Apiamma you’re clearly a newish investor to this stock, and I’m certain your not a financial advisor, so you just look after your own investments and I’ll look after mine. I gave you my reasons for leaving 25% in, it’s because of hope not expectancy.

Because if the gas starts flowing then the whole picture changes, I’ve been in over 4 years and would hate to miss out on recouping my money. I have lost faith in the BOD but even they don’t control nature, and that’s what decides when the gas flows.

Agree with you Whizzer, they have been nothing short of disgraceful and in some part deceitful.
Incredible that somebody with such a strong background has been so useless.
Sold down 75% of my holdings at a massive loss, left 25% on the lottery odds of this shower completing a project and getting my money back.

Totally agree with critics and scathing comments about this absolute shower, I invested in this many years ago and thought what a brilliant idea it is, it will make fortunes. The speed at which they progress and the opportunities they ignore is staggering, I’ve taken most of my money out now, and invested in shares that regularly move by double digit percentages every day, wish I’d done it years ago.

There are strong intimations that AVCT are doing a breathalyser test with SKIN, with results in seconds, using the same technology I assume as the 4 second wastewater device.

They have proven you can catch it twice, some people have, this surely renders the antibody test utterly pointless.

I think the part none of us know yet is how the saliva is put onto the strip, I’m expecting a tube/funnel that attaches above the area the sample goes in, I’m thinking within this tube will be a carrier liquid.
Not sure how that will work in practice as it would seem sensible for the saliva to enter the tube before the liquid.
I guess (and I am) that you could spit in the tube then a third item that contains the liquid could be put on the tube breaking the seal and carrying the saliva/liquid along the lateral flow device.

Fingers crossed

I’m a newbie on here and I hold shares in the company 3M, but alas don’t have 3m in them or this.
I’m very hopeful Live Nation will be the shining knight on this share, think the Brixton revenue creating project will be the start at long last of this companies fortunes.