Member Info for maxdba

The way I see it is that the BOD can probably ignore the sp performance for the moment on the basis that they believe in what they are doing, and so they must believe that it will, in time, take care of itself, however obviously this cannot go on forever.

If they have 78 employees as suggested yesterday then unless they have some significant news in the bag for later this year concerning revenues, they will need to come back to the market next year for a fund raise, maybe early, maybe later - who knows.

I would go on to suggest that with the sp down at these levels that a significant fundraise, to keep the ball rolling, would prove problematic.

Like others, I also wonder what all these people are doing.
78 people equals the best part of 3,000 man hours per week, that's a lot of time.

To me it seems like the company is in "waiting" mode

All the marketing has been about live events, festivals and so on.

So now they have done a live event with with LP
Everything worked, from the marketing, ticket sales and streaming to the packaged recording.

You have to say "ok Melody, what next ?"

You would think that they would be announcing a schedule of events, not an App upgrade.

I have no problem with the App upgrade work as it points to a close relationship with FB, but is an upgrade itself worth an announcement, or is it the element concerning availability on other platforms/headsets that should be paid attention to, due to the instant uplift of potential user numbers and the demographic most likely to have those headsets, ie young gamers.

If you believe in the FB buyout route then you don't care about any of this, but if you just want the business to prosper then opening up further distribution channels is a significant event.

Just my tuppence

As I understand it, the reason that !VR has not launched in China is licensing thing.
Obviously the cut down Occulus Go is being marketed by Xioami so there is not a physical or hardware problem.

It does seem that FB is gearing up for assault on the music video niche.

Maybe they will have a "Get it in VR" button on their video app.

It is a difficult one.

You see some CEO's banging away on twitter and it is great when they start because everyone thinks they have an inside track.

Then the CEO lets slip a little deal is coming and people make a quick 20%

Then the CEO starts to run out of news

The whole company then "appears" to run out of steam (it doesn't really, you just can't keep up the relentless pace of twitter with a normal company)

Then the CEO starts getting abuse

And it all goes to pot.

In some ways better the wartime news black out policy that MVR pursue, in that they only tell of things that you can, or might, find out by other means.

Expectation management / dampening in my view.

Just think of the guys who ploughed in millions at 16p or any PI trapped in at 18p

Look in todays Daily Telegraph

Melody VR is written about within an article that starts of being about Fortnite

It is a good write up from MVR's point of view

I see that the display resolution for the Quest is given as 1600x1440 per eye.
These seem to be higher numbers than for the Go, although it says it is the same.

If the numbers are better then surely this would give the inmprovement in resolution that some think is needed.

Can anyone confirm / clarify

Themis - at the current pace, in about 2026 !

Themis - please clarify "lasting to something"

Over 700,000 views of Liams concert video post on Instagram.
Over 8000 views of the video on Melody's site.
Who would have thought.

Totally agree that the sp is being managed.
Don't know why.
News for the last 18 months has all been positive.
Maybe someone on high is trying to prevent another Cloudtag and thinks EVRH is a candidate.
Someone on high obviously wants to make a lot of money.

I am not paranoid, but they are definitely out to get me, or so the voices in my head tell me.

1p to 18p on next to nothing
Then 18p to 4p on a string of good news
I mean, are they trying to get it back to 1p as some sort of game amongst themselves ?

BA - Google trends is like an accountant, great at looking backwards, but utterly useless at looking forwards.

One piece of negative information that often gets put about is that the search term "vr concert" is not gaining traction on the interest, ie there is no interest.

Well I propose a different point of view.

If you use Google Trends you can download the weekly data for the popularity of this search term in csv format.
You then put that data into an excel spreadsheet and plot a 60 week moving average.
Against the moving average you can plot a trend line and project the trend line forward, ie to predict the future.

There are different types of trend line that you can choose from from simple linear lines, logarithmic lines and so on.

If you choose a complex line to fit the data, something like a polynomial line for which you can improve the accuracy of the line by increasing the complexity of the polynomial formula then you can end up with something that fits the data remarkably well.

As helpful guide as to whether your trend line fits the data properly Excel gives you a score showing how well the trend line fits the data.
This score is known as an R squared value.
The nearer to 1 this value gets, the nearer you are to a perfect fit.

If you do all this malarky and choose a 5th order polynomial you get the graph in this file

https://uploadfiles.io/wlhub

It has an R squared value of 0.9912, which is really rather good.

You will see that the graph shows a take off in interest in "vr music" at a time coincident with the expected launch of the Quest headset.

It is worth noting that the 6th order poly fit shows interest tanking in October, but it would anyway due to the nature of the inflexions in the formula - hey can't be perfect.

Happy graphing

FCC listing of the headset was in December 2018 which ties in with launch at the company’s annual developer conference, which will be held April 30th & May 1st, 2019. That would mirror the way it launched its last headset, Oculus Go, at F8 earlier this year.

https://www.roadtovr.com/oculus-quest-hits-fcc-on-its-way-to-spring-2019-launch/

I would comment that after the Quest comes out there is not any further for headsets to go, other than further refinement, so higher resolution screens, improved ergonomic design, etc etc etc.

I would suggest that it will be the Model T Ford of VR headsets.

Probably becuase they can control who sees what depending on your location.

Just because you can see something does not mean the rest of the world is seeing what you do.
Even small companies can afford for their web-site to detect who is looking at their website by the IP and show stuff accordingly.

Puddin - you are a bit out of touch mate

Liam's instagram vid has been viewed 412 thousand times now (plus one)

I think that might be described as "good"

Methinks Themis is being sarcastic.
But seriously, what does a Chief Marketing Officer do ?
Difficulty to know for those of us located in the UK when the product is being pushed in the USA

I still wonder if the break out moment may come with ABBA and their much trailed hologram events as fans will go mad for headsets.

How / if / can Melody take advantage of an ABBA gig, if they actually do it, I don't know.

Is anyone bigger than ABBA, as well as being interested to do a VR gig, nobody if you ask me.

If a moment like ABBA does not come along, then I suspect this year will be a slow grind.

LowierPete - releasing an Android App would instantly allow the 2 Billion plus Android users (well those with a suitable phone) to access MVR's content using a simple cheap headset.
Think Google Carboard, think Free headset at festivals, and so on

An iPhone App would allow access to the 1 Billion iPhone users on the same premise.

It's a thought that was around sometime back, but has dropped of the radar with the launch of the Go and imminent launch of the Quest.

Does the last part of the RNS statement

"the product may also be made available on other platforms"

mean that we will finally see Melody on mobile phones, ie Android, iPhone, and not just the other dedicated headsets on the market.

Sorry, some bad typos in my previous post

Should be "games only headset"