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For an in house production company, that will also produce content for streaming. That has been carried into the concerts for Madrid, London and Japan as the executive production of the concerts is being done by KPE/KPL
“Streaming for KPOP events will be a major revenue source and negotiations for KPOP. Flex remain ongoing. Having video production of events in-house means we can reduce costs and own our content.”
The streaming partner (doors) is already sorted and LVCG make circa £10 per stream, so it wont take much to scale up the profits. Just need to see live streaming, which is of course exactly why they changed the contract for Madrid and London, not only giving a bigger cut, but also potential live streaming rights.
https://remezcla.com/music/mexico-brazil-ranked-top-countries-tweeting-about-k-pop-latin-america-2021/
Amongst the top 10, Brazil and Mexico came in at No. 6 and No.8, respectively, among the top countries with large K-pop fan bases and Twitter discussions. It is no surprise that both Brazil and Mexico made the top 10 given that they’re geographically the largest countries in the region and held the most K-pop concerts there prior to the pandemic.
Other Latin American countries appearing in the top 20 include Peru (No. 11), Argentina (No.12), Chile (No.15), Colombia (No.16), and Ecuador (No.19). Kim also highlighted that Latin American countries and India were the biggest emerging markets for K-pop on the platform in 2021. The growing trend in Latine and K-pop collaborations is an additional factor of K-pop’s emerging success in Latin America, with fans embracing each collaboration between the artists or creating potential collaboration predictions of their own.
Recent surveys show that KPOP global growth continues. Lvcg have tapped into the European and Japan market. Is Madrid the key to expanding even further into South America?
https://blog.gitnux.com/k-pop-statistics/
In conclusion, K-Pop has become an increasingly popular genre of music, and its influence is growing rapidly. With the help of streaming services, YouTube, and social media, K-Pop has become a global phenomenon.
The genre has seen a huge surge in popularity in recent years, and the statistics show that it is here to stay. K-Pop has become a major part of the music industry, and its influence is only going to continue to grow.
The bricklive revenue generating events in April. Each tour generates between £125k and £250k during a long rental, or between £25k and £50k a month. The Detroit zoo tour is actually two tours combined.
https://www.discovernorthampton.co.uk/events/bricklive-animal-paradise-trail/2023-04-13/
https://www.datathistle.com/event/2095532-brick-live-dino-discovery-trail-takes-over-cardiff-this-easter/
https://www.aquazoo.nl/en/
https://dierenparkamersfoort.nl/?utm_source=local&utm_medium=organic&utm_campaign=gmb
https://detroitzoo.org/events/zoo-events/bricklive/
Spent a long time in a call with the COO yesterday afternoon, discussing how they could improve their communications to shareholders and avoid trollfests, as well as ensure that appropriate information is highlighted to the market given that the average AIM investor does almost zero research and rarely looks back at more than a couple of RNS’. I won’t report exactly what was discussed, as some uninvested troll will leap on that and say it’s against the posting rules, or accuse me of posting “insider information”, but I will say that my points landed well, and I would hope to see a further improvement in communications with the market/shareholders (there has already been an improvement this year with the inclusion of better information and more financial information in particular).
The main point was that if the company is on top of the short term cashflow and headed to not just being cashflow positive, but profitability this year (which I believe it is based on the information available if you piece together all the scraps of information), then the narrative and information in the communications should support and reinforce that, as well as highlight the further (significant) opportunities in the growth markets they are in.
We also discussed Jason Lee’s subscription where, like thereshegoes, I was told information that his cash has been received in good faith. The RNS this week, on face value, appears to contradict that and has been leapt on by the trolls. I am, however, completely satisfied with the statements that I have made. I won’t expand further, but I understand that future communications will further clarify why I can be confident of that.
“In the meantime, the Company remains in discussions regarding other possible advance payments in relation to various KPOP events previously announced, with further details to follow as and when concluded.“
Good post Dasalus. Worth noting the RNS didn’t just “elude to the company being in discussions”, it clearly stated that they are IN discussions, which they have been in for a while (the “remains in discussions” part).
That statement was in the main body of the RNS (not in a comment from the CEO/chairman) and anyone following lvcg will be aware that the Nomad makes them jump over some high hurdles before they can include those things.
There have been plenty of concerns here that are holding the share price back. The main one of the arrangement of the short term financing facility, which would have been a big drag on the share price, has been removed.
However that still leaves the fact that they are tight for cash over the next few months as they are both still recovering from the impact of covid and trying to grow the KPOP division significantly. The delay to JL’s subscription has increased nervousness of some about the ability to get through that period (despite the positives of less dilution for the changed arrangement) If it becomes clear that they can get through the next 6 months to profitability then that will be another big barrier removed. Then they just have to show how profitable this will be (beyond the DC assertion and the requirement for educated guesswork).
Seems to me the company are laying all of that out. The free float is very small here, plus the share price is now moving normally without the big dampeners of the last few years. The sort of change in sentiment of getting to profitability especially if it’s as good as everyone on here hopes, would bring, would lead to a rapid rerate in the share price IMO. £2m to £3m profit easily supports a sp in double digits.
The troll who considers it’s “his job” to warn investors is now suggesting that the insiders who took out the Riverfort short term loan facility worked as part of a gang to pump and dump shares.
Just don’t let the fact that they paid a premium to the share price at the time, or that there’s a condition on the warrants that the original shares have to be held to qualify for them (I.E. no flipping the shares for the warrants), or even that the shares haven’t landed in anyone’s accounts yet get in the way of “his job”
The reality is there’s one “coordinated gang” on this share.
It’s completely pointless arguing with you. But others might want to question that apparently Jason Lee who has already invested £400,000 at an average of 3.25p is apparently “throwing his toys out of the pram” and eh……….buying another £250,000 shares at 3p before the end of April.
And saying that the RF had a “floor of 1p” just shows you have no understanding of how that facility works. As I pointed out, the same facility exists at gdr with shares provided to service that facility at 1.5p (their share price was 28p when that was announced). The reality is there was no “floor” to the share price while that facility was still in play. But the fact that the differential in lvcg between the share price and the price of the “facility” was much smaller for lvcg should tell you something about the short term prospects IMO.
And if you look at Thereshegoes posts, it was a small group of investors that approached the company not the other way around. The paying back of that facility is a key moment for lvcg IMO. But it looks like you would have preferred for that facility to remain in place. “I wonder why”??
Don’t invest then. Nobody forces you to buy or sell. But Jason Lee is investing £250,000 at 3p before the end of April in an RNS that has been approved by the Nomad for which they will have had to provide actual evidence for.
Same with the birdman cash that’s already come and of which further payments from birdman of $300,000 on 31 March 2023 and $250,000 on 30 April 2023 are also due.
“Point of Clarification Birdman Contract
Shareholders should note that for the avoidance of doubt all contracts announced on 13th February have been signed and the first payment of $450,000 has been received by the Company.”
Well that dosen’t make any sense at all. Apparently Jason Lee has “thrown his toys out of the pram” and apparently isn’t going to pay 3p.
Yet the RNS approved by the Nomad clearly states that Jason Lee will invest £250,000 at 3p before the end of April. And the rest he will invest at the 10 day VWAP price in September meaning potentially considerably less dilution.
Confirmed that Jason Lee will be taking £250,000 in shares at 3p by the end of April. Looks to me that DC has said there’s no way you can take them at 3p in September so negotiated a formula that involves less dilution. And as there hasn’t been an RNS for the issue of those 3p shares, that payment couldn’t have been received before now.
Interesting wording at the end where they say they are looking for advanced payments for “KPOP events previously announced”. Does that mean they are going for a Japan type deal for Madrid? We know from the KPOP lux announcement that “a promoter for this event will be announced in due course.” Perhaps they are close to announcing that as the Madrid line up is due to be announced this month?
Funniest thing on the advfn dark side is the swing trader that thinks it’s “his job” to constantly “warn” fellow investors about lvcg. Pity it wasn’t “his job” to warn them about some of the total dogs that he actually invested in (like eve) that totally tanked after he ramped them, or take “his job” seriously when he is ramping another loss making tiny revenue disappointment of a company. The list of dogs he promotes is bigger than the single share he feels is “his job” to troll.
Latest nonsense is “warning” investors about Jason lees forthcoming subscription at 3p. Yes indeed an insider wants even more shares at a premium to todays price to add to his 20m shares he took for an average of 3.25p and this clown thinks that’s a bad thing. #idiot.
LTH’s replaced the short term finance facility and asked that provision was made to pay the tail of the historic debt in cash. That ensured only the minimum dilution for the short term facility was made while the share price was at a depressed level. And LTHs paid a premium to the share price at the time, thus further limiting dilution.
With RF having sold the seed shares for the facility, that’s a further indication that the company intend to pay in cash, otherwise surely they (RF) would have retained them to service the remaining facility.
The brakes are truly off now IMO.
Removing the short term financing facility is a big turning point for three reasons. Firstly, there’s a clear indication that the company now has enough cash to get through to profitability (and the addition of more deals that provide cash during that period since that facility was announced nails that out of sight). Secondly it’s stopped the guaranteed selling into any subsequent news and also massively changed sentiment. But don’t read that the wrong way, of course there will be selling in the future, people will take profits, need money, all sorts of things, but the key thing is that is back to normal share price mechanics, where everyone has a fair chance of assessing the risks and the rewards. The third reason is at the end of this post.
For anyone who doesn’t understand either his mezzanine finance operates or indeed the impact of mezzanine finance on sentiment of investors, have a look at genedrive GDR that announced a similar arrangement last night. A few days ago their share price was over 40p, now after announcing £2m (with the promise of another £3m)of MF they are at 28p. That arrangement has 6.5 million shares issued at 1.5p to seed how the facility works. (And I note that terrytitsoff isn’t over there claiming that they had a placing at 1.5p - although you can’t comment if your account is deleted ;-) ). Those seed shares are sold to generate the cash payment for the facility, and then are replaced by converting that equivalent cash sum into shares at a discount to the lowest VWAP price, thus ensuring that the financiers have more shares than they started with for the next conversion. That keeps going until the facility is paid. If the share price dosen’t rise in-between, then you end up with ever increasing numbers of shares converted, hence the term “death spiral finance” gets used to describe such facilities. Hence why investors don’t like those arrangements. But there’s nothing fundamentally wrong with them, and sometimes it’s far better than the alternative of a massively discounted equity placing, especially in current market conditions.
But here is the thing to really think about. The MF providers will generally require a company to show that there is positive news in the pipeline so that sufficient volume can be generated to service the facility. With the LVCG share price being pummelled by poor sentiment to the downside already, and all the good news (eg the Japan deal) not taken account of too, there’s likely to be a big swing back now the brakes are off.
Bricklive still winning new contracts
https://svr.co.uk/event/bricklive-brickosaurs/
Svr are a previous customer on many occasions. You would only keep renting the tours if it was working to increase footfall for you.
EOA I’m not tracking ticket sales from Frankfurt yet. They are still not selling individual days, which won’t happen until the full line up has been announced. They are saving the best until last I understand so could be a real scrabble for tickets very soon. Whilst I think they should just get on and release the full line up at least this way it allows the minor act fans to get tickets before the rush.
Details of the plans for the new StartArt coin, NFTs and StartArt.tv platform being designed, but more importantly implemented, by Jason Lee and his technical team have been published. https://startart.io/myImg/whitepaper.pdf
This gives an indication of the size of the market being addressed, plus details of how this will be monetised.
“NFTs will be available to the Chinese market through T-MALL or WECHAT”
“StART.tv APP will be a subscription-based news channel”
“5000 artists and 100 curators”.
From the investor presentation last year Nichola showed plans for a subscriptions to the StartArt digital platform, that went up to £1200/month for the top level of subscription. If there are 5000 artists at even just £100/month (which I’m sure was the lowest subscription level), that’s £6 million a year.
The aim of StartArt for 2023 is a £1.5m EBIT. StartArt was profitable in 2022 (but we still haven’t seen the quantum). Since then, more physical exhibitions have been added and a risk free annual £500k licence fee for a StartArt branded coin announced. StartArt is well on the way to meeting that target for 2023 (which would justify a £15 million valuation for that division alone) but it’s the development of the online and NFT business and how that’s being monetised that looks most interesting especially with Jason Lee and his technical team coming onboard.
Jason Lee already has 20m shares at an average of 3.25p and is subscribing for another 25m at 3p. His shareholding in lvcg will be as big as DCs. Looking at that StartArt white paper I’d say it’s now obvious why he wants LVCG equity.
Meanwhile, there are a load of bricklive rentals kicking off for the Easter holidays, including some big revenue generating zoo rentals. They get between £25,000 and £50,000 a month for the touring sets depending on size and duration of rental. All helps the cash flow over this period.
It’s also of note that shipping costs are down massively which will help future rentals (the renter pays shipping).
https://www.northamptonchron.co.uk/business/consumer/northampton-town-centre-to-host-animal-paradise-trail-this-weekendheres-everything-you-need-to-know-4082792
Thanks for stopping by and good luck in whatever you are invested in.
Mind you it’s a gutsy move to be so ****y when you are ramping a non revenue generating jam tomorrow resource stock with the “amazing” Minchin of he1 fame on the Board. Seems you will need all the luck you can get and I also hope that karma isn’t a thing.