Member Info for MB10

For those wanting to do some actual research on lvcg (I know that the actual facts will be a bit of a revelation for some, especially for those that just like to “make stuff up”) here is the list of the cash payments that have been announced to be made this year. These are in addition to what the business were expecting.

Japan $1m (£0.812m) annual recurring licence fee paid in 2023 as follows:
$450,000 on 16 Feb 23
$300,000 on 31 Mar 23
$250,000 on 30 Apr 23

Jason Lee subscription
3 x instalments between Jan and Mar 23 for a total of £750,000

StartArt subscription
£500,000 on 1 Aug 23 (annual recurring)

Riverfort short term cash facility
£200,000 drawn down (net) to cover historic debt of £162,735 (includes interest).

£51,000 of salary covered by the issue of shares at 3p.

So that’s £2,150,000 of additional cash in 2023 they will have in the bank by the 1 August.

However you also have to offset the £500,000 deferred consideration for StartArt aquisition to be paid, the timing for which has not been agreed. That’s still £1,650,000 more cash available for this year than they were originally expecting.

I understand that ETX are an execution only broker, and only hold shares in behalf of individual clients.

I’m not adding to the “buyout rumours” either, but I will point out that at the moment the sum of the whole is less than that of the individual parts.

Bricklive. Was acquired in 2018 for £9 million. Since then the touring business has been developed and new markets of zoos and other customers have been developed, a significant number of exclusive IP partnerships with the biggest brands across the globe secured. Markets have grown across the globe and moved to an all year round rental business. There are now more than 28 touring sets (all paid for) and the operating costs have been significantly trimmed. It’s in a much better shape than when it was acquired.

StarArt. Valued at £5.5m when acquired, against a 2023 EBIT target of £1.5m, which if achieved makes that cheap. Since then £500,000 annual recurring licence fee secured for a branded coin, and more art shows added.

Formula E. Now have a 10 year exclusive deal to run the Cape Town event. Exclusive sponsorship rights held. Plus a holding in the promotional company that has already increased by over 500%. If that was a standalone company it would be worth well over £5m IMO.

KPOP. Now has 4 festivals on the books. The first generated a profit, Japan is going to give a $1m annual recurring licence fee. Then there is the tv rights, merchandising, sponsorship and live streaming. Again it’s easily worth over £10m on its own.

Put them together and apparently it’s only worth £5 million. Even if I’ve got the value of the individual parts wrong, it’s still worth substantially less as a a whole than it would be broken up individually.

It’s the short term cashflow worries, and in particular the short term CLN arrangement that’s really holding this back. There’s also the uncertainty of short term payments and the fact that there’s been an ever promised update to the financial guidance. If any of that changes, and the market gets a sniff of what this is actually worth in the way that has some hard evidence behind it, then LVCG will rerate IMO. And in my opinion, there are different potential buyers for each different element of the company.

Kep1er have over 3.5 million followers on instagram and 1.1million followers on Twitter. They have a big following in Japan too. Seems that the line up for Frankfurt 2023 is being released with the biggest acts last, so even more popular acts to come. If the acts are good enough then there should be no issues selling out the two days = circa £1m profit for LVCG from their share of the ticket revenue.

https://en.wikipedia.org/wiki/Kep1er

The hotline to DC. Never been wrong ;-) Personally I’d settle for just delivering the stuff they already have in progress with developments on merchandising, sponsorship, tv rights and live streaming, and telling the market what it’s all actually worth, DC said guaranteed profit this year in the last interview, and if their does swing to a profit then it will rerate. Just £500,000 profit would fully justify the current tiny (less than £5m) mcap.

You are funny terrytitsoff.

But run along now. You are fooling nobody mate. #clown

Wrong yet again terrytitsoff. Check out LETS (was IMMO) that are selling their main business and intend paying a special dividend to distribute part of the sale proceeds to shareholders.

Are you sure you have a copy of investing for dummies? #clown #tryingtoohard

Translation to profit?

It’s $1 million annual recurring liscence fee for one concert in Japan, and all costs are covered by birdman. The merchandising, sponsorship, live streaming and broadcast right are on top of that.

But don’t let the facts get in the way of your short and distort. ;-)

So when lvcg out out an RNS that they would get a risk free £500,000 annual recurring liscence fee from Jason Lee for the new StartArt coin you might think that a long term holder might acknowledge that.

Let’s check what bennester said.

Yip. Absolutely nothing.

Of course he’s a shareholder. I believe him ;-)

Sure you are a shareholder. I believe you ;-)

Can anyone tell me the number of people who are shareholders in a company only ever post negative information on their apparent investment and say absolutely nothing about any positive development. E.g. company get $1m 4 year annual recurring licence fee that results in the cash being delivered into the accounts before the end of April you would have thought might have merited at least an acknowledgement by someone who has an actual shareholding.

Bennester is claiming he’s a shareholder and is literally posting every 5 minutes about how rubbish the company is or attacking anyone who dosent agree with him. Make you own mind up if he is or not, or if he’s part of the short and distort crew ;-)

You are funny Terry, but no matter how hard you beat that drum, there’s no covering up that you posted actual false information.

Short and distort it’s called by the way…….but you know that already ;-)

The only thing that #awkward are the clowns banging on with false information, and clowns like you who who proved convincingly on Sunday that you cannot actually read.

I’ve been clear on these boards that unsubstantiated share price claims are totally worthless. I’ve also posted that I don’t think a takeover is coming just yet, especially a hostile one.

So yet again you are implying something in your post which is not factual. But then again why should I expect anything else from you?

“Deleted”… really.. good luck with believing that.

Terry, how can you be “really worried” when you haven’t got a single penny in lvcg ? Bit odd really. And as to your figures being as published, try and give those reading these boards a little bit of credence please, because it’s just plain made up the drivel you are posting. And I don’t see EOA posting “£15m revenue” either, just something else you are making up. #clown

I use phrases like “false information” because Terry posted actual false information. Like many on here have. Honestly, it’s not that difficult a concept to understand.

It’s just unacceptable in any circumstances.

Oh dear Terry, but it seems you have been caught with your pants down posting false information. But in common with all the other clowns that do that, you chose to double down on your nonsense. #embarrasing

If you are going to troll lvcg could you at least do it properly and put in a bit more effort ;-)

Think you need to do some actual research. In just the last few weeks nearly £2 million in risk free annual recurring revenue has been announced. Plus the H1 revenue for 2022 was £2.6 million in a year when this was still in covid recovery mode and there wasn’t anything near the activity this year.

I’m all for people pointing out the negatives, but making stuff up is just inappropriate. #clown

Nice new 4 month contract for their biggest touring set in the USA.

The Japan kpop festival is for 4 years and attracts a $1 million fee per year. All the costs are paid by Birdman Inc, who keep the ticket revenue, but revenue from merchandising, sponsorship, tv broadcasting and live streaming is shared. It’s been noted that the average KPOP fan in Japan spends significantly more than a fan elsewhere.

And they are considering another KPOP festival this year in Japan too.

“Additional revenue will be generated via merchandise, sponsorship (Birdman Inc will receive commission for any Japanese Sponsorship they arrange) TV broadcasting and streaming and a profit share. KPL shall own all copyright and commercial rights in the Concert (including live streaming rights distribution rights, merchandise rights and sponsorship rights). Birdman Inc can retain 40% of the net revenues for Concert Mark merchandising at the venue.“