Member Info for mel5

Trades 377
Vol. Sold 9,372,119
Sold Value £228.68k
Vol. Bought 9,811,198
Bought Value £239.39k

As others, I will be buying more to average down, at this price this share is ‘undervalued’, yes there is ‘no news’, but when the ‘news’ is released it needs to be ‘fantastic’.
Logically, a company such has Napster have over 50% technical employees, therefore roughly 100 technical, that’s 3750 hrs per week, that’s a considerable amount of code, testing and integration combined with data analysis of O2 and Singtel deals should produce a significant APP, as Napster have already the architect and MelodyVR have developed new code bases 20 weeks would be a reasonable time to trial the technology/code. We already have the venues for recording, we already have in place the partnerships and agreements/licences, what we need is ‘live acts’ to record as this I believe is our USP. The above has to be in my view communicated in a ‘high level’ message to the market, the Admission Document for some reason hasn’t conveyed the message, and this in my view is part of the problem, ‘perception’!
The Asian market is exceptionally exciting, it’s a different market, Virtual Reality is already there, they have a 5G infrastructure, MelodyVR working with Singtel is brilliant, it’s has a huge client base, I don’t believe Singtel would be entertaining MelodyVR/Napster if they wasn’t 110% confident they could deliver, as our resident ‘AM slayers’ keep telling us, there are other companies out there, however I haven’t seen Singtel sign up with anyone else and promote them like they are MelodyVR.
So in summary, there is a huge amount of code being written with the experience of ‘Spotify, Virgin, EMI, Microsoft, Universal Music Group etc etc and Napster. I know I maybe in the minority on this board, but please, be patient! IMO

Skull, in reply to your question SH announced we had agreements with 70 venues! GLA

An Honest answer to an Honest question, in short ‘No’ IMO, Agreements and partnerships don’t happen over night, in my world 4 - 5 years is normal for a large programme to come together, the Singtel would have been talked about and discussed before they put their reputation with MelodyVR and they won’t change until the new multi platform App is proven, the Napster has been discussed for sometime to expand the infrastructure and integrate a subscription model already in existence. Investment into 70 venues is considerable, and Global purchasing ‘iheartradio’ is a good move for Napster, as this ties in with current partnerships. As for the SP, it’s something that in my view should be discussed, however, we have institutional investors and large shareholders which I would imagine are fully aware of the SP value, as we are not beholden to a bank then we have know one other than shareholders who are effected. What can the company do to increase the SP, results, results and results in my view, are they ready to disclose results, no I wouldn’t imagine they are, yet!! I’m sure people will pick holes in the above, but that’s an Honest answer!! GLA

Looks as though our ‘seller’ has reached give goal of off loading, I would personally like to see this share remaining at the current levels as I would like to top up my ISA April 6th before this starts to gain momentum, it has legs, I would just like to try and avoid Mr Chancellor ! GLA

Halifax just announced name of company changing on their books from MelodyVR to Napster, how long things take to go through the system!! IMO

There is nothing I know that states Oppenheimer has sold, there is evidence that they have associates who have also invested into Napster! IMO

https://www.jonesday.com/en/practices/experience/2015/02/canaccord-genuity-cowen-and-company-oppenheimer-btig-and-stephens-underwrite-65-million-ipo-by-avinger

Oppenheimer may have sold there shareholding to an associate company! IMO

https://m.marketscreener.com/quote/stock/NAPSTER-GROUP-PLC-50915369/company/

I agree with you Londonan, it’s not the same company, it has a strong asset/debt base, it has £10m aside for marketing, £6m for App development and operational income with a back catalogue of recorded material with Global partnerships who want sell them to their clients, we can also capitalise on the 70 venues already signed up, LN and JG also still in the mix! Great to have you on board!! GLA

Agreed Albert,
It’s quite odd the arguments of some on the board, if you look at some of our partners John Gore (Successful Billionaire) rather than waste money he has decided to postpone until COVID restrictions have been lifted, Live Nation have curtailed operations until COVID restrictions are lifted, our 70 venue partners curtailed operations until COVID restrictions lifted, the value of all these companies have been affected by COVID having a knock effect to what was going to be a key USP of the company. However, MVR/ Napster have partially reinvent itself within a short period, taken up new partnerships, announced a complete business strategy, listened to the shareholders and taken on an external IR company, producing a ‘self financed’ multi-platform APP, yes we are spending resources and money into Research and Development (funny that’s what the chancellor of the exchequer, believes produces success), yes we are borrowing (thats what a huge of amount of the entertainment/hospitality industry is doing) to have a future! And yet, some believe we should be at an all time high with our SP, I agree the SP is low, however in my view the company is building a foundation that will enable us to capitalise on the future, yes there is competition, that’s a good thing as it proves there is a competitive market in which to trade! Thank you for reading, enjoy the rest of your day! GLA

Nice to see more VR HMD’s being developed, I guess the 1000+ experiences will be enjoyed on these new devices as there released!!

https://www.roadtovr.com/oculus-quest-3-4-zuckerberg-the-information-interview/amp/

IMO

My personal view is 10m is a reasonable budget if coordinated with our partners, we all know the marketing and PR of the company needs coordinating, the campaign is starting in May according to the last announcement, I believe the IR company will be aiming for a new investor around the time of the release of the APP, the new platform will be multi functional and the AM will be busy coordinating the integration of the platforms, both MVR, Napster and our partners, also if half of the 70 venues launch a concert this will mean a very busy summer / autumn.
IMO

ORLM, In my view the latter! GLA

https://virtualspeech.com/blog/history-of-vr

Enjoy!! GLA

https://tech.hindustantimes.com/amp/tech/news/nearly-20-of-facebook-employees-are-working-on-ar-vr-report-71615548945709.html GLA

Perhaps we haven’t called in the loan for this month, perhaps we have sufficient funds! Gla

Well done Sc4tman, just a little more patience! GLA

Hi Londonan, isn’t that the point of investing, you invest to make money, that’s certainly my intention, I not investing for any other reason!! RU !! GLA

Hi Sc4tman, looking at the difference in SP I would imagine they are ‘buys’, without news and the incoming CLN it’s not surprising the SP has dropped! IMO

Someone still offloading so I can’t see it rising yet, someone taking profit! GLA

Well, the message “100 reasons not to buy” doesn’t appear to be working, looks as though it’s a pretty 3:1 ratio of buyers against sellers, either us LTH’s (topping up) are all wrong or maybe there is an update just around the corner!! GLA