Member Info for mel5

https://www.zdnet.com/google-amp/article/ar-and-vr-now-have-a-chance-to-show-what-they-can-do-but-they-still-cant-break-through/

Great to see the company taking action! GLA

https://www.weforum.org/agenda/2021/02/virtual-reality-augmented-reality-sustainable-development/

MelodyVR ahead of the curve! IMO

Hi BR,
Agreed they play the ‘tune’ for the large investors, it’s a long game share this one with in my view big players aligning, I’ve not read any negative comments from any CEO or director from a partner nor have I read any hint we have ended partnerships.
The Napster name causes discussion associated with disruption it’s perfectly placed for maximum exposure, as in one of the previous RNS’s they have increased the amount of experiences, when they are permitted, I’m sure they will be adding. Nikki is also behind the subtle releasing of material into the news, we have a good team who know how to plug a product, it’s a matter of ‘when’ not ‘if they release the full library, I have a feeling it will be before the end of the summer! IMO

Hi Italian,
I’m no expert, however the statement below I believe sets out the way forward

The investment will comprise the subscription of 648 Loan Notes, each having a nominal value of £10,000 and £6.48 million in aggregate. The Loan Notes will be subscribed for by the Investor in 12 tranches of £540,000 at the Company's request, each tranche not to be more than 21 days apart, during the course of the Commitment Period.

Every month going forward the investor can either have shares or repayment!

The first loan payment being converted to shares demonstrates the confidence in the company, it’s an instrument for cash flow purposes.

I don’t see a problem, this assists the cash flow on a month by month basis, with incoming revenue the share price increases we all benefit!

A short-term view would be the investor gets discounted shares, however looking at the portfolio the investors have I believe there is synergy in the portfolio! IMO

Hi BA,
Looks as thought they are clearing the decks getting the financials sorted before releasing further results, MelodyVR results were late last year, mid-term results should be quite soon, or am I mistaken! GLA

Well, if our investor could reap interest from the loan at say, 15 - 20% pa, at least we know they will be looking for more, the only way is for the SP to improve!! Gla

Well, our investor has just converted over £6m into shares, fantastic confidence.
There is now only
2,567,471,359 ordinary shares Available GLA

Hi Iofas,
It’s good to have change in the boardroom if Lewis has left as new blood can bring new idea’s, it could be the boardroom is getting larger as we now have Napster directors and Lewis’s is fulfilled by another.
Regarding your comment of AM, I don’t believe he is the problem, regarding VR and the fact it has developed as quickly as expected I don’t believe is AM fault, reading today about Oculus and the disruption to Facebook, I expect if you had shares in Facebook you would be calling for MZ to be removed!
I have a suggestion, why don’t you ‘short this share’ if your true to your convictions, or do you really believe as the LTH’s the SP will rise considerably in 2021! If you read my posts, I’ve always stated 2021 would be the year this share would move up! Cheers have a great day! IMO

Hi Chester,
Great to have your researched input, this to me has always been a company with a strategic direction, the research work has provided fantastic ‘patented’ products and now the investment into its own production lines will start to consolidate the position of the company on a firm foundation. Great to see the SP rise and reflect the future. GLA

Big sell at the end of the day, but still the SP was .74p, in my book that’s a positive move! Tomorrow should be good and blue! IMO

Hey Milly1984, what in your view will be contained in the next RNS? GLA

Hi horse.mouth, while I understand your frustration VR is still a developing technology, as you I am a LTH, the vision for VR wasn’t wrong, it’s just taking longer for adoption! In the meantime, MelodyVR have capitalised on their strengths being technology, the demonstrated their platform worked, they have now combined the streaming infrastructure of Napster along with its partnerships. This is growing into a multi-platform offering, when VR does catchup Napster will be way out in front, having worked years in SE Asia, the partnerships we have will pay for the offerings this platform will support. The latest investment company already have a product that could reside on the platform, the synergy with WanDisco demonstrates a wider application! Don’t keep focusing on the negative, look for the positives, they are there, 55% down will be 55% up if you keep your shares!! IMO GLA

Absolutely Littlebricks!! GLA

Absolutely Littlebricks!! GLA

I was lucky last time when the Share Price was sent into decline, just want to see a steady rise to reflect this great company with the range of fantastic products. With the new facilities coming of stream this should be a safe share.
GLA

It’s been a great week to top up, best be a little greedy tomorrow!! GLA

Always a good sign when you’re around Milly1984, the tree shaking last week is usually a sign of a rise. GLA

Perhaps a disruptive’New Platform’ will lead the way for artists to be paid a realistic payment for their talent, is there anyone out there who could launch a ‘Global platform’ with partnerships with leading companies such as Sony Entertainment etc???
https://www.newstatesman.com/culture/music-theatre/2021/02/broken-record-music-streaming-spotify-tom-gray
IMO

Great to see the SP close at .68p, looks as though TRX have found the baseline.

IMO GLA

Hi Shareduke, Londonan,
Have you absolute knowledge, or are you speculating as the Liberty (owners of Live Nation) have a contract with Napster for ‘iheartradio’ who are also owned by Liberty. I would appreciate a knowledge based answer! Thanks