Member Info for saintpeter7

The first BRICKLIVE Kids will launch at the end of 2018 at New Yan Sha mall in Beijing, China, with plans to launch 5 additional BRICKLIVE Kids locations over the next 5 years.

The activities in China are not to be underestimated.

A second permanent BRICKLIVE centre will open in China in the autumn. The Shanghai complex will be a joint venture with a new licensee, Wuhan Realjoy Children Park Management Co. Ltd – A Wu Han DDMC Culture Company Limited. This follows the May opening of the first permanent BRICKLIVE centre in China located in the ski resort of Fulong Chongli, an Olympic venue for the Beijing 2022 Winter Games. Within a year LVCG is expecting to have up to five centres and then to open five more each year after.

LVCG also secured a 5-year licensing deal with Cross Media Group of Seoul, South Korea, for the exclusive right to open and operate BRICKLIVE branded kids cafes in China. Five are expected to be launched in 2018, rising to 30 by the end of 2019 and 100 by the end of 2022. We await hearing when the first of the 5 cafes planned for China this year opens but they have opened the first for South Korea in the world famous and neo-futuristic Dongdaemun Design Plaza (“DDP”) in Seoul, South Korea.

Working in partnership with Korean food Celebrity Hino, BRICKLIVE Kids Café will be a permanent venue featuring magnificent LEGO® animals such as a leopard, a lion cub, two macaws and the fan-favourite Feed the Frog game. As well as the dramatic models, the café will also feature BRICKLIVE’s top attractions, including a brick pit, an interactive graffiti wall.

The Company is pleased to announce that the BRICKLIVE Animal Paradise show, created by BRICKLIVE Touring, will begin a three-year, twenty city tour of China, beginning on 7 September 2018 at the world-famous National Stadium in Beijing, also known as the Birds Nest Stadium.

LVCG’s wholly-owned subsidiary Brick Live International Limited (“BLI”) entered into a licence agreement with Bricklive Centre Education Technology (Beijing) Co., Ltd (“BLC”), the Group’s 49%-owned joint venture in China, for the exclusive right to sub-license the staging and promotion of BRICKLIVE Animal Paradise in China. This involves the organisation and staging of the tour shows across the 20 venues until September 2021. In addition, Decheng has an option to extend the sub-licencing agreement for a further 3 years on the same terms, to take the show to an additional 20 cities. The total value to BLI of the initial 3-year contract is US$3.1 million, comprising both content and show licence fees.

The creation of this BRICKLIVE Animal Paradise show has been funded by BLC, and under the agreement with Decheng, BLC receives a guaranteed percentage of sponsorship and ticket revenue.

Meanwhile back in May, it was announced that BRICKLIVE Kids will be a permanent childcare crèche, where children can enjoy BRICKLIVE’s classic brick pits in a space of around 100sqm, and will have the safety of full time supervision whilst parents go shopping.

A five-year non-exclusive contract has been signed by Bricklive Centre Education Technology (Beijing) Co. Ltd, Bricklive Group’s joint venture partners in China. The first BRICKLIVE Kid

Well we waited a long long time but at last an RTO is being arranged. Let's hope when it relists, we all make some profit, even those like me who paid 7p and above.

Volume has completely tailed off for the moment which tends to make the mms move the bid and offer around to attract trades. This doesn’t change the current position that we are due two major updates soon. Most sellers are probably out having driven the price down before the turnaround.

If you look at the chart movement from the last rise from 21p, there was a back test before the main rise to 34p. No guarantee that history will repeat itself but you all know the inherent value here, which gets recognised eventually.

GL all.

This was released by Ebioss on 25 July :-

In relation to the willingness of EBIOSS Energy SE to grant warrants in favor of Black Toro Capital and, where appropriate, the bondholders that are part of the Agreement and that participate in the granting of new liquidity, reflected in the Relevant Fact published yesterday, the Company wishes to inform that this possible warrants concession would be, in any case, pending the recommendations of the report of the independent expert who has been commissioned, that the parties had reached an agreement regarding the financing structure that is necessary and that the approvals of the social bodies that were necessary.

Independent expert - wonder whether his report is still awaited. Even though BTC have not yet made the loan due by yesterday, it doesn't necessarily mean that they have withdrawn from negotiations. After over 3 months, are they going to walk away now. It may be a matter of alternatives offered by BTC still to be sorted to be reviewed next Wednesday by Ebioss board.

This has to have some impact on Eqt because of the Ebioss shareholding. Can't see them letting go of their majority shareholding as it is a major asset.

Who knows!!

ADDITIONAL INFORMATION ABOUT THE AGREEMENT BETWEEN EBIOSS, ITS MAIN BONISTS AND
BLACK TORO CAPITAL
On July 25, 2018, the relevant agreement was communicated through the Relevant Fact
signed between EBIOSS, its main bondholders and Black Toro Capital, under which the latter
facilitate a loan of 4,000,000 euros to be disbursed before 23.59 hours on the day of yesterday July 31, 2018.

Once this period has expired, the Company has not received any accreditation of such disbursement, remaining
both without effect the agreement that had been announced.

As a consequence of this fact, a Board of Directors has been convened for the next Wednesday August 8 in which the different financing alternatives will be analyzed available.

We remain at your disposal for any clarifications deemed appropriate.

Sincerely,
In Sofia (Bulgaria), August 1, 2018

Ebioss SP had dropped 17% by 9.35 am

Is on Reuters website. https://www.reuters.com/finance/stocks/EBI.MC/key-developments

Yes King5hott

LVCG Chairman David Ciclitira has been travelling through Asia

I travelled to Bangkok specifically to see the Bricklive show which opened on 26 July, to say the three day event was good would be a gross understatement.

BEC-TERO have surpassed themselves in presenting an excellent show which exceeded my expectations and the huge visitor numbers would confirm the show’s tremendous success. I congratulated BEC-TERO’s CEO Neil Thompson personally during our meeting where we began discussing future shows and projects.

Moving to Seoul I had a successful meeting with Mr Reon Kim during which he told me of his exciting new plans for Brick Live Lite. I also attended the opening at the DDP of the Bricklive Kids’ Café which has truly great content. The opening was well attended by visitors and press alike, you can read my interview with Sisa Journal here.

Tomorrow I travel to Busan to attend the opening of Bricklive BIFF and Jungle Dome for what is set to be a truly great event.

See http://www.livecompanygroup.com/blog.html

If you look back to the last time we bounced off the low, the next day the SP edged down as there was profit-taking, but after a couple of days the rise was resumed. Of course I'm not saying that exactly the same will happen again, but having broken the downtrend with volume, IMHO the rise will continue ahead of the Ghana and Chad expected news.

The RSI has just hit the downtrend line on the daily chart which started on 27 April. With some buying a break of that line will be strong in confirming the continuation of a rise in SP.

Oscar - no smugness intended. Toro and Hodgefox know me well from way back in IRR and the support I gave to the posting here and on twitter.

I shall leave it at that as there is no point in arguing. What is most important is that we stick together in promoting IRR as it justly deserves.

Having been out of IRR since selling at prices between 38p and 47p other than a quick in and out in the mid 30s, I had wondered when the slide would stop. Invested back in 22.8p and 23p after noting the chart double bottom and how close the SP was to the start of the previous meteoric rise. For all of you who have held during that period, I hope that this time, we are on the way back up to the 30s and the 40s as you deserve it for your patience and loyalty.

There is so much of value held by IRR and as Hodgefox and Toro quite rightly say, Ghana and Chad hold large resources of lithium and gold respectively. Development can't come soon enough.

News - see Jarvy’s post below which shows the last known position on shareholders. Cannacord have been reducing their holding for some time.

The full year results are due out on 19 September. Whether we receive an operational update before then I don’t know. But looking again at the last RNS, there is a tremendous amount of activity the company is involved in with a fair number of new sakes outlets coming on stream. Looking ahead later in the year, we can expect an operational update probably in late Autumn around the time of the AGM to let the market know the success of this activity.

We also have the announcement of a new CEO to look forward to, which will be a very important appointment.

A lot to look forward to.

Remarketing not renarketing!

If the SP retraces back towards 100p instead of continuing its rise, it will present an even better buying opportunity.

From a TA angle, I like the look of the chart formation, which is inclining to a cup formation with a target of 162p. If the SP continues its rise past 130p, this will confirm it for me. Next operational update may well be not to September, but until then there is a reasonable chance IMHO that the SP will continue to edge up to my target before then.

We know that the newer brands such as Stevie K and Charles + Lee will be growing after the initial renarketing. Skinny Tan will do what it always does and continue to expand. Roots is growing well and Prolong will begin to make its mark.

There were supply chain problems. But I would expect those to have been ironed out now. New outlets/markets have been added.

All in all, I think we have good reason to think that the company will resume its growth path not only in its revenue but also its profitability. The share is on an undemanding mcap of £18m. For me, this is a great time to buy.

Well done. Should be very good timing. Brave Bison has great potential

Well BBSN is certainly growing and with it the new management are targeting profitability sooner than later. Looking forward to the interim statement.

Great posts Vitali and Orange.