The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
From lse -
concerned and was ridiculed by hazl for my worries. now my average is 4 p. i follow it really deeply and made a huge bet ... which has already paid off with nice profits.
this intro was for the point i want to make
mr Beringer for years had not so happy and enthusiastic voice as in the last interview. and based on that i am optimistic. MS deal is not revenue generating, more like cost generating atm. he would not be glowing just because of that....
as i said ... 3 major whale Cos signed cooperation recently knowing very well the cash situation miri is in...
miri in its field has the most developed
- IP
- contracts network both sell/buy side
- measuring system
- test runs behind
- proven efficiency
- created easy to buy and monitor market place
all for a paltry 15 mio atm
with one more cash kick this one can get valuation of 100s of millions in just a short few years
just one institution sold out up to now. now i am waiting for new TR1s....
60 pc owned by institutions tells it all.
Mag I’m sorry to say but you haven’t a scooby. You need to read up on takeover rules.
That said this partnership and recent ones before are a sign finance will be sorted and soon given the cash runway is ending in 4-5 months.
It seems quite obvious why it rose so much. Yes the partnership on its own positive but not earth shattering but remember their last raise and mainly from IIs was at 40p. The slow uptake has meant more cash burn and a share price crash. The IP and products still really good but the space is new and taking a whole to gain traction. The deal and ones before give the impression MIRI will be around after Sept when the cash is due to run out. I assume we will hear the plan soon but MIRI is the market leader in this space and this space will increasingly get more cash from brands marketing budgets. It’s only just starting.
Earl is as transparent as they come. Incessantly ramping last week before the Microsoft deal (who did their due diligence) and now has sold out (at what 2p?) is a massive deramper.
Yes MIRI burns cash and will have to get finance but they are the leader in this embryonic space, have impressive partnerships and sales will accelerate as the infrastructure in place.
You sold, get a life.
Of course you need permission from partners which is why MIRI works with several content providers. It’s an embryonic space so getting in marketing budgets takes a while but it’s happening and infrastructure in place for this to accelerate.
They’ll clearly need finance soon but the deals suggest it’s a matter of time.
Wow look at all these randoms not invested giving advice just bedside they’re nice. Bore off and move on. Anyone listening to randoms on BBs deserve to lose money.
Yes MIRI burns cash and has maybe 5 months cash left but they’re singing many deals with large cos who will do their due diligence and MIRI is the leader in this embryonic space and has the infrastructure and brands like Pepsi, Deliveroo, etc to push on. Finance will be sorted and soon.
LinkedIn -
We're excited to see Super Premium Italian beer brand, Peroni Nastro Azzurro, aired on Channel 4's First Dates in the UK.
To supercharge the brand's debut partnership with Channel 4 and the popular series, Mirriad’s VPP ad format digitally inserted Peroni signage and virtual product placement at contextually relevant moments in the episode to boost campaign success. The deal was brokered through 4Sales.
For more information on VPP, check out our blog below.
https://hubs.la/Q01NytRS0
#Mirriad #Channel4 #Advertising #VirtualProductPlacement #FirstDatesUK
Also over 1/3rd shares traded. What volume.
Imagine pumping this last week and then selling at 2p or so earlier and then you see if go beyond 5p. Ouch. But most would take their profit and wish others well.
More partners coming on board, embryonic space so about to accelerate and funding surely sorted. News on that soon I bet.
Earl has no class. Pumping it last week, sells today and now deramps as he sold far too early.
If MIRI was going under they would not be signing these deals with large cos who do extensive due diligence and wouldn’t waste their time/resources wirh a co about to go under. There must be a plan re finance. There is valuable IP here clearly and being an embryonic space it takes a while to get in marketing budgets so cos will suck it and see but it’s clearly about to take off.
They’ve spent a lot of money to get to this point and now have infrastructure wirh this and other deals to accelerate adoption.
These guys are the innovators in the space and I’m sure Disney, Pepsi co, Deliveroo, channel 4 and other partners will start to accelerate their use.
Buys showing as sells is poor as MMs selling below mid. I much prefer sells showing as buys.
Earl you knew the cash position last week when you were ramping to high heaven. Just move on. Blimey.
Ria get a grip FFS
Lack of cash is the reason for the huge fall and yes a little over £1m/month burn too. That said they have finally built the infrastructure for mass adoption so surely they’ll be sorting finance.
It’s funny when people sell they can’t just sell and wish remaining holders luck. They’re desperate for the share price to fall.
That said some of the ramping on here just as bad and actually would put people off.
Given cash in bank and market cap no value attributed to its IP.
As always ignore randoms on BBs and DYOR.
That’s what I was saying Latino.
Surely there must be concrete discussions re finance or these new partners wouldn’t be wasting their time/resources.
Very good point re MSCI.
Heights will not wanna suppress the share price so will sell as and when they can. I mean at an average volume day of just 1.25m they could sell 4% of that daily over a quarter, in fact it’s less than 50k/day.
Good news will see this higher and I reckon they will then do as they did a few months ago and convert early and forgo interest. Is no issue.