Member Info for maxdba

Jaknife's line has beeen consistent, but from this position MVR need a stonking summer of news, concerts and results for the BOD to sell any more shares on the inevitable promises that will come at the AGM.

Even if you look at the nature of the RNS's that have come out this year it is difficult to see progress as the news flow has all but stalled

So, is something big coming ?
Is nothing coming ?
Is something mediocre coming ?

It is really difficult to tell.

I would love to see the VR idea take off, but I am truly bored by it all now

Don't forget that there is always someone on the other side of a big sale

So, yes 1 million sold, but don't forget someone thinks it is worth buying at this level.

The MM's are not going to hang onto shares just for the fun of it.

As per Watching's post, this share is being played

I repeat my prediction of events to come;

The app upgrade will not be released on the Quest
The share price will tumble
Merian will close their short and go long buying shedloads of shares
The App will suddenly be released on the Quest
The App will be released on mobiles shortly thereafter
They will promote the hell out of it, optimism and huge projections will anbound
The share price will bounce to something like 12p
Everyone will think all is rosy
Then Fundraise to get 2 years money
Share price drops back to 8p
New tech, new concerts will be promised and around we will go again

Of course they could surprise us, but should a Plc really operate by "surprise" ?

Obviously there are many AIM Plc's that, surprisingly, keep going !

The recent update had no serious mention of the app upgrade and the Oculus Quest, yet we all "know" that the app upgrade is going to be on the Quest headset.
Is the lack of a mention due to NDA's, or is the app upgrade delayed.

As mentioned earlier it seems likely that at the end of the year or by spring 2020, unless they start pulling serious revenue, they will be back to the market for a fundraise.
It would seem likely to me that this will be much easier with an sp of say 10p than one of say 2p
So it seems equally likely that somehow the sp will be promoted in the coming months to make the fund raise possible.

I therefore suggest the following cynical chain of events;
The app upgrade will not be released on the Quest
The share price will tumble
Merian will close their short and go long buying shedloads of shares
The App will suddenly be released on the Quest
The App will be released on mobiles shortly thereafter
They will promote the hell out of it, optimism and huge projections will anbound
The share price will bounce to something like 12p
Everyone will think all is rosy
Then Fundraise to get 2 years money
Share price drops back to 8p
New tech, new concerts will be promised and around we will go again

Money will be made by those that get their timing right

I think it is really simple, they just need to do what they said they were going to do.

Pumpa - I remember you coming up with the chart back in Feb, and yes it looks bang on to my eye.

If, always if, they come up with some good news later this month then I think it will be "all hail the rexx"

Check out "vr concert" or "vr gig"
Is something on the move ?
On the other hand, might just be seeing things that are not there

https://trends.google.com/trends/explore?date=today%205-y&q=Vr%20gig

Also, interest in "oculus quest" has risen, well it would wouldn't it

This is an interesting read

https://uploadvr.com/oculus-quest-interview-pruett/

States that the Quest is really a games platform, BUT, they have some serious high quality non game apps that they very interested in

It seems to me that the Quest is going to be Oculus's big bet for VR

They are going to throw everything at it, so best games, best educational, best entertainment, best social, best AR
We will see lots of money spent to push it, the proverbial shed load

If you think back to interviews with Bjorn Ulvaeus, he said that the ABBA effort at AR/VR was being pushed back to the summer of 2019 for technical reasons. Well where are we now, nothing else that is even vaguely mass market is slated to be released, could it be........

I think that the price for the Quest will ultimately be cut and the Go will be quietly dropped

The Wiz Khalifa advert on YouTube has crept up to 1.1M views

MVR's own channel on YT unfortunately remains largely anonymous
No effort being put in by the company

Post Malones 360 vids have been watched by loads of people

They clearly have something that people want to watch

If the Quest headset isn't the last piece in the puzzle I will be doing a Paddy Ashdown and looking for a hat to go with my custard

Quest launch, absolutely Then a taster app for mobiles That would be cool

Puddin1006 - I am a bit confused, for you to be confused by Melody's spin would suggest that they are communicating directly with you as I am seeing insufficient public utterances by the company that could qualify as communicating with the shareholders, let alone spin.

They seem more like grandad asleep in the lounge after Sunday lunch who suddenly wakes up, says something unconnected with the conversation that is going on around them, then instantly falls asleep again.

Acro - win the world cup at what ?
Cricket
Football
Rugby
Rounders
Tiddly Winks

Cunir - If you know who Catweazel or Stig of the dump is - you are too old.

Reading the various reviews for the Quest suggests to me that it is going to be a Go killer

I know it is more expensive, but the games market knows no bounds when it comes to money, so I suspect sales of the Go are about to fall of a cliff and Melody will go with them if not on the Quest.

This alone tells me they will be there, it just whether they are front and centre, or hiding at the back.

Just my opinion

Don't forget f8 is a 2 day event
There is keynote address tomorrow as well

I think the answer lies in Facebooks general positioning of the Quest as a sort of Rift plus aimed at the games market.

This does not mean that non game apps cannot appear on the Rift, indeed I have seen somewhere, cant remember the link, that all Rift titles will be or could be, ported across to the Quest - if this is correct, and the Quest turns out to be a winner, then the full spectrum of Rift titles will end up on the Quest.

However, if you are appearing live infront of umpteen million people around the globe on a live stream, when many of your audience will not have English as their first language, and you are trying to chart the course of one of the biggest companies in the world, then I guess it would be difficult to give such a mixed message in the short time available.

You know;
"Here is our latest and greatest product, it is really good, it sort of does everything, it is our first attempt, but we only have games to show you at the moment because they are the only people with real money to prepare something for us, not only can it do games, it really can do TV and movies (cant show you) educational stuff (cant show you) music (we might show you tomorrow, but obviously not today)

Don't think there is anything to worry about in terms of what is being done.

The only question to ask yourself is; "will the Quest headset shift in dribs and drabs, or by the container load"

Thanks to Sharebuy for the Quest review link

It would seem like the Quest is a winner

Can Melody follow with a winning upgrade to their app?

Similar f8 preview from wired magazine

https://www.wired.com/story/facebook-f8-2019-preview-privacy-messenger-blockchain/

Hogwash indeed

The expected results have well trailed / analysed here, on ADVFN and iii bulletin boards and the sp no doubt reflects the expectation

Am a bit concerned that anyone shoukd think there are bigger names in the music business than Sony and Universal, but hey, I could be wrong

The sp is muted at the moment because of the pace of delivery, like many tech products.
All fanfare, bluff and bluster at the beginning, then delay and procrastination as they move to the delivery phase

This is not a mature cash cow, but they have demonstrated that each element of their technical and commercial proposition works, ie they can;

Video live in VR/360
Live stream their video
Engage the prospective audience via their marketing
Distribute tickets via their website/partners
Display the video on suitable headsets (the Go and the Gear)

They are being paid by Facebook to produce their App for the very latest heaset that will hit the market shortly
They have said that their will be released on other platforms follwing its next release, ie the Quest release, which will increase their potential user base significantly.

You might say all the building blcks are in place for an explosion in the sp.
You might say that all they need is someone behind them with real financial muscle.

However, ..... historically, whilst they have always done what they specifically said they would, their grasp of timescales has been somewhat elastic, and in my view this is why the sp is where it is.

What they need is a wow moment, lets see if they can produce it

I think that Merian are now in position to hand back their shorted shares and have hedged their position