Member Info for mel5

Looks as though CCL have reached a new position, I guess this price will improve when we see the quarterly results, although there are external factors, Carnival have a great order book and fuel prices have stabilised, with differing interest rates around the world the next set of renegotiating will start with the debt pile! This would in most instances support an improved share price, but let’s see what the market feels is best! Good luck to all holders!!

Hi All,
With Blackrock and WorldQuant playing the shorts game it’s no wonder the share price has crept down, however with the Cruise industry coming back it’s looking good for the long haul. There is a lot of doom and gloom around and we have the European situation, so I can’t see this rising to high, but it will in my opinion go higher over the summer and then we have the winter sun and that’s a great market for cruising!! IMO

I don’t have a crystal ball, and I have seen manipulating of share price, personally the travel business is picking up, more young people are taking cruises along with extended families, bookings are climbing and Carnival as well as other companies such as NCL are investing heavily in new ships and new routes, Disney have carried out UK cruises with great success. There is a general wave of uncertainty in the stock markets, I personally see this as an opportunity to buy more shares such as carnival, they at a low, could they go lower, Yes, they can also go higher, my view is the latter! However, it’s all a matter of opinion. To me, they have great products on offer which people still want!! GLA

I believe shorts by Blackrock and Quant have an influence! IMO

It’s a good company with a great track record, once the market traders get bored and move on to the next ‘great money spinner’ this I believe will return back up to its recent levels, hang in there!! IMO

Generally, the feedback to Cruise operators has been clients would prefer less occupancy, several operators have stated they will operate at 80-90% providing a less congested environment for clients. This was discussed extensively during the meetings between travel companies and cruise operators when the operators carried out trial cruises after COVID. IMO

Hi Iofas,
I have a shareholding which I have pretty well written old, I’m not angry as indicated by some on this board, I am disappointed that the company has been directed in such a disgraceful manner. The company had assembled such a talented team of professionals.
I have fortunately work and still work with several successful entrepreneurs in different fields, for me MelodyVR had absolute potential, unfortunately the directors never took the step from working out of the shed, they should have handed the running of the company to professionals who can take a fledgling company to the next level. It’s always good to speculate, however I don’t believe the directors have the knowledge or integrity to be successful. IMO GLA

What happened to Nikki after leaving Napster, another reason for not trusting AM, it’s no good employing good people if you don’t provide the goods for them to market! IMO GLA

It’s been a record-breaking November at Popsa:
?? Highest ever Daily Revenue total.
?? Highest ever Average Revenue per Customer.
?? Highest number of Photos Printed in a single day.
?? Most Signups ever in a single month.
?? Most Paying Customers ever in a single month.
?? Fastest time to generate £1M. That record now stands at <60 hours.

Hi MrH, they will in my opinion say ‘anything’ to extort money from investors, longterm investors will have to rely on the BoD’s integrity, for me after many years that’s not an option! There is the ‘gamble’ the .3p will rise to 1p, however without further information I wouldn’t be personally be able to justify the gamble! Having sold the family jewellery for half the price it was purchased doesn’t seem a good investment. My other concern is the software engineers based in the UK, I appreciate we can all work remotely, however having different working hours I know it’s not so easy to develop new products when there is time differences and different cultures, so unless a fair number of the 80 engineers based in UK move to the states I can see further unknowns, therefore more delays, so for me, nothing really points to a sound investment. There are plenty more companies in the same market with A list music artists and cash investors, i maybe wrong but I believe Napster will never reach the potential for me to regain my loses, and it’s this reason I will be further reducing my shareholding enabling me to give it up as a ‘poor investment’! IMO GLA

Hi Mr H,
With AM & SH taking circa £1m each from 2016 - 2021 when the company is losing money hand over fist, with both the directors cashing in shares each of 500k at the high spot, what real conviction do you believe they have the LTH’s interests at heart? They have successfully milked this company to ‘near death’ and now they are buying shares at 80% discount and telling the story everything will be rosy in the US!!
I admit, I have lost all confidence in this company and this has cost me money which would have better financing a 6 month bar crawl for the LTH’s!
I wouldn’t say I’m a Guru in stocks and shares, however this investment ‘sticks in my throat’ as the disingenuous behaviour is about the same as the disgraceful people who had a ‘party at number 10’ and laughed at decent people! Thank you for reading my rant!! IMO

£100k in £500k out in salary, nice work if you can get it!! IMO

Hi AP, I’m surprised your chilled, most LTH’s investment has been reduced to zero value as a public company and the governance that surrounds it. The directors have lawyers which I expect will defend that position, I suspect the moment the company is returned to private company status the majority shareholders will make decisions which will again devalue the ‘retail shareholders’ which the directors regard as dispensable. I was an advocate of the company when I had an ‘ounce of trust’ but after the recent events I firmly believe LTH’s investment is at severe risk. The fact AM could suspend the shares at anytime as proven last year to purchase Napster means anyones invest is at risk. N&G are masters at this game, and AM and SH are willing puppet’s! Good night and enjoy the ride! AIMO

And it happens as predicted, it’s just a matter of time before AM buys another 500 million shares using part of his recent years of salary and the shares he sold when the SP was high a few years ago. If you invest further in this company you will only have yourself to blame! Disgusting behaviour! IMO

Should there be proven misrepresentation of facts, I believe there could be a suspension of certain business activities, it just needs someone with the time and inclination to report the company for investigation. IMO

The duty states a director must act in a way that they consider, in good faith, would be most likely to promote the success of the company for the bene?t of its members (shareholders) as a whole. When making decisions, directors must also consider the likely consequences for various stakeholders, including employees, suppliers, customers and communities. They should also consider the impact on the environment, the reputation of the company, company success in the longer term and all of the shareholders (including minority shareholders).

For all shareholders, ask yourself the question

Has AM and SH
Directors' Duties
1) Act within their powers. ...
2) Promote the success of the company. ...
3) Exercise independent judgement. ...
4) Exercise reasonable care, skill and diligence. ...
5) Avoid conflicts of interest. ...
6) Not accept bene?ts from third parties. ...
7) Declare interests in transactions or arrangements.

It’s a good time to ask! IMO

It’s a mystery to be why people who are not invested bother to post on this board, they must be either addicted to their own voice or masking the fact they have lost considerable amounts of cash.
Having been introduced to this company through a knowledgeable person in the industry, in my view the management have taken a viable idea and made a complete disaster, VR was a fledgling technology when I invested, since then it has prospered in both gaming, industry and the medical field, it has still in my view the potential to be viable in the music industry. However, since investing this management has refused to share knowledge or update shareholders, they have always treated shareholders with contempt, and since being locked to the share during the acquisition of Napster the directors have not provided sufficient information to the shareholders, the question for me is, has there been a dereliction of duty by the directors, this is what the long term shareholders should be asking before anymore devaluation of the company. IMOV

Well, AM has truly excelled himself in a deceitful manner, taking the company down to such levels and losing decent peoples money, it was enjoyable being part of this board with all the honourable people who invested with such good faith, being ripped off by such a disingenuous person is not the fault of genuine investors. There is a saying ‘every dog has its day’ and both AM and SH will have there day! Good luck to all the LTH’s!!

With careful investment it could be our CEO has accumulated sufficient funds to buy back a substantial part of the company, should the sp hit .50 then his sells of shares earlier and his year on year salary would enable him to become a large shareholder again! Just a thought! GLA

Hi Italian, Head of Marketing for Napster also being advertised! GLA