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They probably are off next week.
They've been in communication lockdown since 2017, these results better be amazing.
I'd prefer it was B.A, AM is one fool I would not feel pity for.
From my understanding and a little googling, a charge is a loan and a negative pledge is a contract that the company cannot use those property mention as security without permission from the lender.
So in short Davis Partnership has loaned napster money and have stopped them using the assets from securing more funding.
I think this is correct but I'm sure that wiser heads will be along to put me right.
I have no idea if its good or not but it looks to me that its just Davis Partnerships protecting their money.
He never has before so why expect him to start now, I'm still waiting for a host of promises made in RNS' back in 2018/19/20.
This is all feeling very 2017/2018 again but without the hope and optimism. Everyone waiting for an app that will make or break the company. Maybe they are hoping that it will nearly treble the share price again, though this time that would barely make 6p.
Always Jam tomorrow with this share, whilst choking down sh*t today.
This board has misinformed & lied in updates & RNS' too many times over the last 4 years for me to ever again believe a word they say until it actually happens (and I'll check the small print even then). And no they cannot use Covid as an excuse for failures to deliver on deliveries promised for 2018-2019, they are perfidious.
Rumbled as what? Unless you have me down as another alter ego of codey/rikki. I dont post enough to be them unless you think that 200 posts in 4 years is prolific .
Amazing how these always appear everytime there is any upward momentum and stifle it.
Its not that I'm paranoid it's just that I know the b******s are out to get me.
If its May then it'll probably be a small ad in the local gazette on the 31st.
The NAPS LSE page should be titled "Abandon all hope ye who invest here"
They'd probably rather sell!
The NAPS share price!
I bought a GO when they came out. it was well used at the start but it has sat on a shelf unused for about a year now. I might buy a future headset when they are smaller and the picture quality exceeds that of a 1970's tv.
"It all rests on this app. If it launches as planned and does what they claim it'll do, we'll be flying high. If it's massively delayed, or doesn't match the hype then we're in big trouble."
So in other words 2018 MVR & Oculus all over again!
Except this time many of us have learnt our lesson and will take the opportunity to get out of dodge.
You only have to wait a little while longer and you'll be able to buy at 2p as well.
My estimate is that the viable market for VR gigs is still 5-10 years away, devices nead to be smaller/lighter and widely owned before there is money to be made and I think that the BOD came to the same conclusion and thats why they looked at Napster for alternative income/market presence.
They need to mostly forget about VR for now and concentrate on the part of business that actually earns money and how to increase that revenue. Start airing 'live' 2d gigs asap, add an app that directly streams them to smart tvs, have them in the subscription maybe as an add in and allow non Napster customers to pay to watch them as a one off.
Personally I'd rather not hear about VR again from Napster/MVR for quite a while.
rikki, why dont you Asterix him and he might tell you.
Now you are a true LTH, welcome to the fold brother.
ha! Has that postie got in there again and nabbed the name. He's made more money from MVR than any of us.