Member Info for maxdba

Man sells business to global giant
Man continues to run business for a couple of years
Man steps down and goes into background for a couple of years
Man's business is launched on global scale
Man walks away with a suitcase full of cash

Seems to be a dream ending for both man and global giant

Just saying.
New Order are playing at Alexandra Palce - Novemebr 9th

New Order's music is owned by Warner, Alexandra Palace is a licenced venue for MVR.

No real expectation, but.....................

I think the concern about VRE would be that they have to invest huge amounts to get their content, whilst MVR can just roll up somewhere (almost anywhere) record someone strumming and hey presto, new content.

Having said that, it might be argued that VRE's content would stand the test of time better than MVR's.

In case you had lost track, Amazon reviews for Occulus Go are very favourable.

https://www.amazon.co.uk/Oculus-Standalone-Virtual-Reality-Headset/dp/B07D7HL9KV?th=1#customerReviews

An uncrossing trade with a price of 5.56 has just been posted.
How can this happen on a day when all the trades posted (so far) have been at a lower price ??

Solid blue on my screen this morning.
My rule of thumb which says the price ticks up every 300,000 shares bought will be tested today

In case you missed it.

https://www.cepro.com/article/melodyvr_samsung_gear_oculus_go

The other thing to remember is that they have not really released any operational news for some time, so an operational update is imminent in my view.

Afterall, all those software developers and marketing people that they have recruited are not just sitting on their backsides doing nothing.

Not saying RNS tomorrow, just saying that the next operational RNS update will see a big uptick.

On the bright side, there are now fewer and fewer short dated, low priced warrants left to influence the price e which will help as the price rises. Given that we have absolutely no control over this, given that it underpins the price, its a good thing.

Would I be right in thinking that the rights to ABBA's music are held by Universal Music Publishing, and would I be right in thinking that this is the same Universal with whom MVR have VR agreements.

If I am right would the agreement cover the use of avatars in a VR setting.

Does this means that MVR are certain to be involved with some work for ABBA's return ?

Or does this line of thinking have more holes than a very holey swiss cheese !

I may be adding 2 + 2 and getting 5,but

At this recent link for Music Week

http://www.musicweek.com/analysis/read/virtual-insanity-how-vr-is-transforming-the-music-business/073917

You will find a statement saying that ABBA will be appearing in VR (old news).
In the very next line it says "Melody VR, the worlds only licenced music VR platform"

It doesn't explicitly say ABBA's VR performance is going to be streamed by MVR, but why put this old news about ABBA together with the new update about MVR, why say this again now, there was no need........ or was there ?

If the sp goes much above 8p it will be getting into the range where OM took out much of their short.
Squeaky bum time for that manager methinks !

BA - what are you going to do if it is Jedward ?

One thing that OM's short has done is to ensure that the support level around an sp of 5 to 6p is now huge, this is a move up from the previous floor of 3p.
Not a bad thing.

2,750,000 shares is 0.21% of the shares in issue
Between 9th and 15th August OM's short went from 0.58% to 0.78%

Is this a coincidence ?
I think not.

Still some way for OM to go to close out.

I think there is a little way to go yet before the shorters are out of it.
The direction of travel does however appear to have changed.
Don't count the chickens yet, not even the virtual ones !

The bandwagon is being jumped on !!!!!!!!!!!!!

I think that for this broker it means the number of shares sitting around in their pocket for which they can guarantee a price there and then.
Anything larger they have to go out for a price.

When I spoke to broker on this share last week she said that the market size for share purchases for EVRH was 70,000 shares.
Just for info.

BA - There is a couple of U2 shows at the London O2 later this month, which would fit the bill, but surely it is too late to announce one of thise shows is a VR gig as tickets have already been sold.
U2 have done some VR video elsewhere (NextVR or JauntVR I think) but I think these shows are too late for this year.

Could it be the ultimate diva Mariah Carey (December shows) ???