Member Info for mel5

HorseGob,
Everyone has an opinion, you especially!! History will tell if Nikki was as good as her CV, I do believe the ‘nothing mentioned’ about her former employer would indicate she has ‘no feelings’ for her former boss!
Often a person with executive experience would wish her former employer ‘the best’ and state how she had enjoyed her experience!
I have no comment to make, other than history tells the story! GLA

I believe the option is for Sony! I could be wrong! GLA

28 JUNE 2021

We are delighted to welcome former Spotify and Virgin exec Nikki Lambert to the Popsa team as Chief Marketing Officer.

Spearheading our marketing and creative output, Nikki will work with our incredibly talented team to help us grow - creating new possibilities from our technology as we invent genuinely world-class products and experiences.

Nikki brings a wealth of experience building disruptive consumer brands, including having spent five years leading Spotify’s international marketing. Her tech-focused start-up experience is bolstered by ten years spent with the Virgin Group, launching and developing their brands across industry sectors and the globe.

“Nikki is an impressive marketer, with an accomplished background of experiences, who will give us a fresh and vibrant perspective on all the elements of our marketing channels. We’re excited to have her on board, to help us achieve our ambitious goals.” - Liam Houghton, CEO & Founder.

Nikki came with a good amount of experience, in her LinkedIn experience she doesn’t comment at all of her time at MelodyVR, both her and Joanne have left the same department, I haven’t seen any roles being advertised to replace either of them!
We have a new lady ‘Emmy Lovell’ again a lot of experience, she is driving the strategy, in the four years Joanna and Nikki was promoting MelodyVR there wasn’t the impact I had thought they would have brought to the business, with Emmy’s experience we should be in a good place. GLA

Nikki Lambert has left the building...CMO for Popsa!!

GLA

Solid management, on time within budget, with the Board of Directors investing in the company and with a solid market this company has a great strategy. In my view it’s just a matter of increased sales leading to greater profits! GLA

Positive messages in my view, no financial obstacles as £40m credit available, cash burn at £26m per year, interestingly they have specified 6 additional mobile companies, they are obviously already talking with these companies, these are additional to the MVR and Napster partnerships already signed, this provides a wide platform.
2021 has always been the critical year, let’s see what the next 6 months produce! IMO

Confirmed again the Financials will be released before the end of June (2021), they will hopefully confirm a greater uptake of users for Napster, the financials are following the strategy outlined in the AD, it would great to have an update of the progress of the APP given the increase from N&G to complete by the end of June, I expect there was a hope we would of broadcast a few events through the summer, however events are not happenings expected.
There shouldn’t be any surprises, in my view!!

Good luck all

Hi DJP,
Some ‘shares’ need to be looked at periodically, if we look at MVR/Napster over a year then the company has changed dramatically, your figures could be correct, your question is the company in a better position? In my own opinion, it is without seeing the figures to be published in the next few days, the company should have an increased client base with the Napster clientele, there has been consistent recording judging by the Facebook pages, the New App should be ready to release in beta form, with the ‘Live Performances’ still pretty well locked down the APP should provide new experiences.
From the article the other day regarding the technology, was this to coincide with the failure of the Glastonbury Event!! All in All, I believe we are in for a re-rate of the share price, the £25m buyer a couple of weeks and the £1m buys lately to be signal a rerate. However, this is my uneducated opinion! GLA

Yes, agreed the directors should be putting up loans for the company if they haven’t already. IMO

Hi Mooney111,
I believe Italian has answered the question, i also see that the company required further finance and the N&G route was one of the only options as ‘assets’ of the company had already been offered up as security (you can’t mortgage your house twice), if getting the APP out for ‘testing’ in beta form was required before full release, it may work out to be the best thing as we know our competitors are becoming more involved in the Virtual side of the business.
For several years MelodyVR had no finance, to me it was the fact no income from concerts and the purchase of Napster that change the ethos of the company.
Dilution is hopefully short-term pain, the overall gains will be worth the journey. IMO

RTO’s in what context?

The Sonos RNS soften the Nice & Green RNS, at this rate N&G could be over 10% shareholder, they have played a very strategic movement, this could open the doors for a Partner to purchase their shareholding and start to move the company in a very nice direction, the article regarding the ‘MelodyVR’ technology is in my view a strategy to attract other opportunities, mention ‘Sony’ was part and parcel of the subtle message of ‘we have a complete’ end to end platform.
In my view, this is concerted effort to attract more artists and event producers. IMO GLA

Hi KL,
I don’t believe there is any mystery in the 25m ‘Buy’, the ‘Financials’ are being released before the end of this month (email received confirming this fact from IR company), with potential good news around the corner and as we the LTH’s have believed for a long time there will be a potential reset of the SP, therefore someone with substantial funds available and with a appetite for ‘Risk’ will be able to make a significant investment decision with potential rewards. GLA

Agreed, I haven’t posted for a while as there hasn’t been anything to talk about!! Unfortunately!! GLA

In line with the AiM rules, the financial results will be released before the end of June 2021, hopefully this will end the speculation. GLA

Hi Horsegob,
Live events have been ‘on hold’, it’s common knowledge MelodyVR isn’t producing the virtual experience for Glastonbury, I was just posting the fact the event has gained a license which is a major step forward from the Government sponsored events. As for MelodyVR/Napster being left behind, this in my opinion is ‘flawed’ as its is still an industry in its infancy, MelodyVR in my opinion was way ahead of the curve, however they are still relevant, they have learnt lessons on the way and been pioneers of some of the technology which has obviously been recognised by industry leaders such as Sony, Singtel and others.
Given the industry (music) is getting back on its feet there is a huge backlog of events to process, mostly in 2022 of which the new APP will be ready.
As stated by the company, we have contracts for 78 venues, currently on Facebook MelodyVR is advertising (not much granted) of bands and artists looking forward to performing (In O2 venues), we also know we have partnerships with their record companies and producers, there this is my reasoning for being patient.
My assumption of your circumstances is either you are ‘underwater’ regarding your investment or you want to drive the SP down further for your own well-being, if it’s the latter I can understand your frustration with my posts, if you are an investor im afraid you have two options, sell and take the hit or have patience. But please, listen to both sides of the discussion as it can provide information.GLA

https://www.bbc.co.uk/news/entertainment-arts-57174475

Great news that Glastonbury has a license, the more. Events that can be opened the better, there is Billions to be made by many companies, for me, Napster will have a slice of the cake!! IMO

They must worried about Napster!! GLA

Good morning Londonan and Iofas,
It’s good to hear the opposite side of the discussion, your point of view is always welcome, regarding the SP, I totally agree there has been a drop of 50% - 80% depending on when you bought into this company, I’ve never to my knowledge disputed this fact, I have also never disputed the fact AM has announced deliverables which haven’t been delivered.
However, in my view the fundamentals of the company haven’t changed since the release of the Admission Document, the company has changed considerably since 2016 when I first invested (into a 3 - 5 year plan), the industry has also changed, Facebook invested $2 Billion in Oculus, VR still hasn’t reached the figures MZ predicted. But, as a company we have adapted, our aim to provide an entertainment APP based around music is still the same, our main goal was to achieve our own subscription based business of which we now have through Napster, the subscription figures have improved, we do have an improving revenue stream, we do have a strategy for a new innovative platform, and there is a market looking for something new. We also have sufficient funds to progress the project forward.
We do have partnerships who approve the new APP and by all accounts, artists and record companies who are behind the new platform.
If both of you cannot we the potential of this company, then you really are wasting your life’s posting on this board. For the rest of the LTH’s, yes it’s frustrating, yes our investment has decreased in value in the short-term, but we know through experience the value of the company can increase rapidly. Have a great day!! IMO