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Fair and candid points. I hope so too, but remain very confident it will happen...and then more
Noteworthy reminder Keith Lemon thanks
Would you say the fundamentals are better or worse now, then before when the sp was 5.5p?
Remember writing this nugget: ?
MVR don't care about the SP29 May 2020 12:08
Their website has an error and is unable to show the current SP.
https://melodyvr.group/
They don't care and right now I don't either. Nothing has changed in the fundamentals of the company since it was 5.5p a couple weeks ago.
Exactly like that. Let others cover their steering wheels with unnecessary leads :-)
If you pay the money for a prestige motor, you want the fancy gadgets built-in. I do anyway :-)
If the groundwork has been done properly - which it has - very easy
Didn’t you sell last week DooDoo?
People assume (incorrectly) that COVID has meant people are at home with more money to spend. This is simply not true. People are not spending as much money on their interests and hobbies, apart from on their own houses (instead of moving). People are anxious and worried and are being cautious with their coins. Nikki Lambert is no novice. She will look at data and know when the right time is to push this. Consolidation with Napster has come at a point where in fact we have less pressure to market and make money. That will come next year in abundance in my view. Timing is everything in life and business
Why do you care about any of us in here? It’s a bit strange to be honest. Creepy even. Or you want to get back in at the lowest possible price before the inevitable boom. I do wonder :-)
How are your oil shares doing?
They should be reported
https://www.docdroid.net/file/download/vxAog55/arden-evrh-11119-pdf.pdf
Worth reviewing the above report from Nov 19 which predicted profit in FYE 22. Lots of good points. This was all pre Napster of course so I wonder where the 18p target price would be now. GLA
They took their time with the current app, yet this one will have greater functionality and compatibility presumably. One positive is the sp high before the current app release, plus the inevitable marketing during build up to launch. The AD highlights the need for additional funding to cover app development and marketing so I’m expecting a top app. That’s assuming it gets to launch. We might get swallowed up in the meantime
Brilliant. Saved me a job thank you
It’s definitely in the AD - I made notes as I read it (sad I know). Will check and update later today when I have more time
RE: Mulgrew1210 Dec 2020 20:26
Sorry to interject, but the sp will not be at these current levels if the below (taken from the AD) all come to fruition. As you were!
While the Company is involved in the distribution of music and musical performances to consumers, the Directors do not consider the major consumer music streaming services, including Spotify and Apple Music, to be direct competitors due to the differentiated nature of the Company’s VR content and proposed
The Directors believe that the combination of the Company’s and Napster’s service offerings will provide the basis for a compelling and differentiated music service which will appeal to the true music fan, consolidating all of an artist’s repertoire including recorded music, short form video content (such as music videos), long form video content (such as documentaries), digitally ticketed live streams, educational videos and immersive AR/VR content, into one premium subscription product.
23
In order to leverage the bene!ts of the combined platforms, the Company intends to launch a new application in Autumn 2021 which will combine MelodyVR’s immersive content with Napster’s recorded music content and will be provided by way of an update to the existing Napster application. From a technology standpoint, Napster and MelodyVR’s back-end systems will be combined, with a new front-end application being developed to replace the existing Napster app. Post the launch of the new Napster application, MelodyVR will sunset the existing MelodyVR application following a period of user consolidation and migration to the new combined service on the new Napster app.
The app will be made available across multiple devices, including smartphones, tablets, smart TV’s, consoles and VR devices, as well as providing audio only offerings for in-car and connected home devices such as Sonos and Amazon Echo. The app is expected to initially launch in Napster’s existing markets which span 33 countries, extending to new territories shortly thereafter.
I prefer not to look at MVR and Napsters offering now, but rather what it’ll look like together, as a new platform. That has the potential to be the market leader
Business interest rates are largely irrelevant for taxation purposes. Just saying
Sounds like you have been sensible with your investment and have a very good average. Good luck