Member Info for mel5

It’s hard to stay positive when you see the SP sinking, I agree, however Kartik Swaminathan (Arden) author of the Arden Broker note holds a great position within Arden Partners and held various high level positions else where, therefore you would hope his research in MelodyVR is substantial and to believed, his target price is 14.5p.
You ask what has MelodyVR actually done, well in previous posts I have listed a host of achievements. In 2020, they have received substantial investment and tied-up a contract with the largest event organisation in the world. That’s not bad for a fledgling company, have patience, yes the SP gone back to 4p, but equally we know historically it bounces back, are there any indicators the company will go ‘pop’ No, have MelodyVR been building the brand, Yes, from recent posts there are many companies investing into VR, MelodyVR was so far in front, everyone is catching up.
Yes, AM does fall down on his promises, however we do have a fantastic team! Maybe it’s time we had another Captain of the Team, however the industry likes him, therefore we just might have to put up with him a little longer. GLA

As the shareholders are privileged I would expect we have been informed the Wireless Festival would be free ahead of the general public, this is obviously the work of the AM PR department, I’ll expect he will inform Live Nation .....soon!! IMO

Hi Lordfont,
Don’t get me wrong I’m with you, MelodyVR will be a huge success, and 2020 will be the year it goes from a Fledgling to the full blown bird which flies high!! IMO

Hi Lordfont,
I like your optimism of an SP of £1, I’ll be a very happy person!!!! GLA

‘Wireless Connect’ is a venture between the organisers of Wireless and the MelodyVR app, and will allow music fans to experience a virtual music festival from home.

Set to take place from July 3-5, Wireless are promising “an entire weekend’s worth of unseen performances, exclusive footage and so much more”. This will include pre-recorded performances from a number of artists, all of which will be available to watch for free either in 360° virtual reality on the MelodyVR app or on the Wireless Facebook page.

Wireless Festival 64,092 people checked in here already!!! GLA

Well, there is the first 434.9k Instragram Followers made aware of MelodyVR through Live Nation announcement.
299.5million to go !!!! GLA

Further investment into VR

https://www.vrfocus.com/2020/05/magic-leap-manages-350m-funding-raise-layoffs-currently-on-hold/

Alexander 23 - 74.2k Instagram Followers it’s great to see a diverse set of artist on MelodyVR IMO

From the early days of EVRH there has always been a steady hand in charge of the financials, they attracted some big names very early, this doesn’t happen by luck, consistently when funds are required they have engaged with a diverse set of investors, you would have to be naive to think a ‘sound technician and his mate’ could attract such confidence. I have faith in the assembled ‘Team’ they are performing albeit a little slow for some!! IMO

Hi KL, Agreed, MelodyVR has an excellent team when it comes to strategy, the cash burn compared with progress is extremely efficient, from an accountancy position I am very positive, from the Arden article it looks as though the predicted losses will be on target, we could have a small surprise due to earnings, however at this stage it’s all about the branding as opposed to saving a few pennies.
The drop isn’t surprising as there hasn’t been any updates regarding figures, should any figures be released this could change the perspective of success for some investors..GLA

Hi Rumfuddle, you are correct in as much the profits will be wiped out by the costs of development, however I would expect the SP to rise should the Accounts reflect the expectations of the investors.
Personally, the losses will be aligned with the cost of developing and testing, with another 18 months of money in the bank to sustain the company over another developing period.
GLA

You are correct Themis in the respect that AM has not fulfilled his commitment to providing answers to the people who employ him, however I don’t believe you can blame the whole company.
I believe there are a lot of people with information on the timing of an announcement as this is blatantly being manipulated by those MM’s, buy more and hold tight!! GLA

Hi Horse.Mouth, as per my earlier post under 4.4p, my average is fortunately better than yours as I have been able to reduce it over the years of being on this journey. The reason I believe the SP hasn’t risen is complex yet simple, MelodyVR’s Team have a great amount of Lessons Learnt from other companies and implemented those lessons into our company, the problem we have is people ‘want it now’ if it doesn’t work first time they bin it and move on, we cannot afford for that to happen, therefore we have to test and test and test again.
It’s frustrating, but our patience will prevail, we will be rewarded, you will be able to afford a pair of ‘new teeth’ we know the accounts are just around the corner, we just need to ‘chill’ in your heart you know it will come good, just trust your judgement!! GLA

Sorry, big fingers, should have wrote 4.4p GLA

Nice little top up at just under 4p, it’s a bargain!!! IMO

MelodyVR 59,000 Facebook Followers & 11,000 Instagram Followers, let’s see how many in August

Good morning Horse.mouth, a fantastic morning, Arden Partners stated the release of the accounts in May, so only a few days to go, I bet you can’t wait for the SP to rise to 7p allowing you to sell at a profit and move on to better things! GLA

Hi Wayne’s,
I totally agree, the 300 Million divided by 15 artist and one person following at least 50% of the list of people would be a reasonable assertion 300/15 = 20m, so for arguments sake we could say 10% would download MelodyVR APP that’s still a healthy 2m, whichever way you cut the cake, it’s still a phenomenal amount of people in one audience, if 10% (200,000) download a track that’s a good amount of money, great advertising and creates a new following! Nothing but good news! IMO

300 million followers spend £10 each to download the concert, that’s £3,000,000,000 now that’s dreaming!!!