Of course it is dead! Why else is he back (again)
“ The ONLY comforting news I can see is that no major holders have sold. But the fact that they can all offset their NAPS losses against company profits doesn't make them allies of pi's.”
Wrong again Rikki / Mazza. Only if the sp hit Zero could this investment be categorised as a ‘loss’ for taxation purposes.
Thanks for the investment lesson Rikki / Mazza. Your continued willingness to spend time posting on a BB (and Twitter) for a share you are not invested will not have gone unnoticed, I’m sure.
“ then it really wasn't worth posting, was it!”
Says the man who’s not invested in NAPS
Maybe that’ll be the day you invest in NAPS Rikki / Mazza
Thanks Italian - good to know
…plus Real Networks are more than a minor shareholder in NAPS so must be fairly confident in its success
Offler, my view remains that this has always and only ever been about building a sound product, with authentic content (not building a brand) for the sole reason of selling up. It’s little wonder that the board don’t care about the sp. The exit strategy for them was set many moons ago and of course they cate about their pay day. Was the Napster acquisition planned from the outset? Doubtful. Was it considered useful for the greater purpose? Probably, but not by Melody VR. Those in charge at board level have one Objective now and that’s to get the new app off the ground. Beyond then they couldn’t care less, as this will not be in their hands. Just my opinion, as I always been, and couldn’t care less if others disagree. I own my own views.
Actually Offler, IIs can’t write anything off until the asset is of ‘negligible value’ ie worth zero. These shares are not worth zero so all investors are still firmly in the game. As you were.
He wants us to say ‘Spotify’ so he can talk about them. He wants to get back in and has the exact same agenda he had before (and before then)
Rikki / Mazza / KatS - you aren’t invested! Why do you care SO much
…but you’re not invested in NAPS Rikki so why bother wasting your time posting here.
65% + resources all in the new app dev, so unsurprising they’re not doing live content as well.
“The development of our new platform has been one of the key areas of focus for the Company since the acquisition of the Napster business. This focus is well illustrated by the fact that as we move in to Q4, nearly 65% of our staff are involved in the development of our new platform with its enhanced offering, and we anticipate this resource to continue to expand until launch in early 2022….
Mark leads the technical creation of our new service, which will provide us with the ability to monetise our extensive content via multiple tiered subscription packages, live ticketed events and, in time, traditional merchandising sales. We believe the combination of our platform technology, unique immersive content, curation and monetisation will provide for unrivalled appeal and herald a new era of growth.”
The blinkered approach to posting is from the same mould. He broke even at 3p I recall, so is back to make some money this time round. Can’t knock him for that
Rikki - you back so soon?
Lol! Couldn’t make it up
Cheers aimigo
Pretty serious mistake!! More games then
But the SP did go down to 0.525p though didnt it - on 1/11/21.
Agreed Mel - I can see the attraction of getting in at 0.5p as you can double your money fairly easily at 1p. We may well get to that level with no news. It’s easy pickings whilst we wait, and a great opportunity for LTHs to average down. We are all aware of the points raised time and time again; it gets boring reading the same nonsense from the same people, who only want to try and keep the sp down during this waiting period. On one hand I appreciate them doing so, as I’m trying to get my average below 2p. On the other hand, potential new investors are urged to do their own research so they can see the obvious massive potential here.