RE: Sellout11 May 2020 22:33
I have to say, the AGM was the one area where I thought SH and AM were very good at communication (albeit with a lot of 'coming soon', 'in the not too distant future' and 'only so much we can say due to NDAs'). It was huge shame they decided against an open forum response to questions today. Perhaps they are struggling with excuses for road maps, lack of content, missed goals etc. However, giving them the benefit, whatever plans were made would have been shaken up by covid 19 and perhaps irrelevant now anyway.
I may have mentioned this before but at the 2019 AGM someone asked AM about the Meridian short position. SH and AM were both smirking when a 'we will see how that works out for them' comment was made. Reading the tea leaves, it seemed that they already had a buyer enquiring last summer. For that reason, it wouldn't surprise me if games were being played to help suppress this share price.
Despite the communication being at an all time low, I can't help but think this horrendous pandemic will be the perfect storm for the business of Melody VR. We may as well sell up and move on if they can't make the business work in the current world!
All my opinion and good luck to all genuine long term holders.