Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Out with it Guz! Who are you referring to here. Youre quick to jump on others being cryptic so practice what you preach bud.
We saw a few percent increase yesterday and it's happened pretty much once a week every week on nothing. Not a trend per say but nothing that's raising my eyebrows anyway. Its low volume for MOS too considering we had plenty 100M+ days during livescores last year. I just reckon there's less liquidity so the SP moves on less buying or selling.
Just IMO
Don't be obtuse.
Long term buyers come when they see evidence of long term success. There are a few here just now with large long term holdings because we within we can see what is to come.
When revenues come out, profitability is announced and larger contracts roll in, we'll not be stuck under 1p but we'll still have traders doing what they do. Every stock has it, they just currently view MOS as more volatile and hence more tradeable.
Muldoon, for me this isn't a "and still they sell". This is simply traders doing what they do. They sell here, buy at 0.26 etc. And repeat. Its going to happen every day, every update, every RNS and we just have to deal with it. Other than the odd person potentially trying to average down, this is just churn of shares from those trying to make a fast buck
I think the time we've all been waiting for is about to hit like a ton of bricks.
On my checklist, I am expecting to tick off;
PUMAS NFT Launch including fairly rapid reporting on success and income generated,
Mexico National Team NFT Launch, same as above,
Potential for a Gfin deal now that they seem to have started moving again and have what looks to be a leadership change that'll move in the right direction,
We may see something from Fanzine but I have my doubts given the priorities made clear by Mark Epstein during the zoom call but you never know.
I'm also expecting the next quarterly revenue update early October at some point.
We may also get more updates on the likes of Livescores and 11Wickets subscribers.
One of the most interesting things from the zoom the other day was the discussion surrounding IGS and their contribution in the rollout of the NFT products we have. To me this is really telling. IGS has lots of shareholders with connection across the globe in some of the biggest gaming, sporting, marketing and entertainment businesses on the globe. The fact they had plans for us to help with Battleriff or similar projects which have now effectively been superceded by IGS helping us out with the NFT rollout tells me that we're clearly talking about serious sums of money and a very real chance of success. There is simply no way that a group like IGS would be this up for help8ng and effectively putting their own stuff on hold unless they saw the benefits and rewards. Similarly, there's just no way our agents in South America would be happy getting paid in shares that tie them in for a year u less there was a real chance of success and the ROI potential is seen as being substantial.
All IMO of course but I'm trying to put pieces of the jigsaw together which we've slowly been getting pieces of over the past 12 months.
GLA
Happy to help Guz. onwards and upwards!
Minutes Part 3
Another question was raised about the NFTs and Mark confirmed that both the national team and PUMAS will have NFTs that contain tickets to games including at the world cup because these are now nearly impossible to come by. He also confirmed that there will be lots of other utilities offered with the NFTs including but not limited to Meet & Greets, Merch, Signing Opportunities etc. The plan is to have lots of drops and to make them regular. They won’t be announcing the dates, they’ll just happen. They’ve done their market research and that’s the best way to do them. There will also be different volumes released on different days and at different values. He confirmed there would be secondary sales kickback for us and that our cards and NFTs will be tradeable on the likes of Opensea.
When asked about the value of the company, and his aspirations for selling the business, he said £100M was still his absolute minimum but that they may have to revisit or raise that figure when we see how the next few months goes. He suggested shareholders look at the value of other companies in the same industry for perspective. When later asked, he also said he expects other monsters will start looking at MOS when we become a viable competitor or start taking contracts off of them
When questioned, Mark confirmed he had at least 4 NFT drops planned in the near future ad that he know exactly how many NFTs will be dropped each time, the value of these NFTs and what these drops will be worth to the business.
If things go as planned with the Mexican Team and PUMAS, he expects revenues and profits to eclipse everything else.
He mentioned there is potential, in the longer term, that we look to become a bigger marketplace for NFT trading but it’s not the focus right now He did say that Heroes NFT Club will be the only place you can buy the originals and then they will be tradeable on other sites like Opensea on the secondary market.
He mentioned they are looking at other NFT opportunities outside of sport but he can’t report anything for obvious reasons.
He also confirmed they have taken on several staff in Mexico to aid in their work out there. The costs of these staff are roughly a quarter of what the same staff would cost in the UK
I appreciate there may have been the odd comment missed above but I hope that gives everyone the overall gist of the meeting. I have to say, I feel Mark answered very well and had sound rationale for what the business is doing and a strategy for making it all work. I'm very satisfied personally and if I make reference to Itacon and his comments below, I believe that should give some reassurance to anyone who submitted questions. Mark was even happy taking questions from the floor and he let the meeting run on past schedule which again, is a sign of an engaged CEO who is willing to explain the business model and any queries as best he can.
Minutes Part 2
When asked specifically about whether or not we would be ready to drop NFTs in time for the Mexican national team being announced on Oct 19th, he couldn’t give specifics but said it would be a massive opportunity missed if they didn’t get them out in advance f the announcement. They are working directly with the federation in Mexico, they have people now employed by MOS in Mexico working on this. He reiterated the fact we hold the exclusive license for the trading cards, reiterated the commercial value of the Mex vs Arg game and the Mex vs Saudi team. In terms of marketing strategy, they are employing some of the biggest names in South America that are influencers in this world. They have PR teams, sports influencers, artists and more.
When asked about the placing and monies left over that were raised, Mark pointed out that had the placing not occurred, they wouldn’t have the deals they have today in South America. This has allowed them to fund work with big names and big brands they previously wouldn’t have been able to work with. He believes the placing has allowed them to step up multiple levels as a company.
When asked about Fanzine, the time taken so far and the opportunity, he pointed out that Fanzine isn’t the actual clubs in the Premier League. It’s got nothing like the resource that PUMAS or the Mexican National Team have. Yes they fully intend on working it and anyone in digital marketing will know that it’s about getting your online content and products viewed but they would rather focus on the big ticket stuff in Mexico and have a solid platform and basis to go off of which in turn will make Fanzine more likely to be a success.
I asked Mark about the Metaverse and his plans there. His focus is still on sports NFTs for now but in time they may look down the line of other types of NFT in the metaverse. Similarly, they are potentially looking at other non-sport/non-football NFTs but the focus is still very much at what we have in hand.
He also pointed out that nobody seems to realise the significance of MOS owning the brand and domain for Hero NFT Club etc. FIFA, other massive clubs and industry names are marketing the name but we own the domain and the brand and this in itself will be huge. He did say that this side required an extra effort for licensing because there are the clubs but within that there are players, past and present along with huge media companies across the world that may own rights to certain footage, images or material.
Mark made specific reference to forums such as this and thinks investors and speculative observers need to gain perspective. As an investment, they need to stop focussing on the SP in the short term and look at what the company is achieving and has achieved already. Eventually the SP will catch up. When he looks back at the Investor Meets and other presentations from months ago, they are doing exactly what they said they would do and they are so far exceeding at it.
Minutes Part 1
I’ve not copied out the questions word for word but here is a summary of the meeting held tonight;
Asking about Gfin;
The deal relies on both partners. The deal has to be right for both parties. MOS and Gfin have both released things recently that will likely complement each other but a deal will only come at the right time and at the right terms for both parties. Conversations ongoing.
Mark was not able to answer whether or not we still old all the Gfin shares or what the long term plan is there. I have however spoken to Nigel Burton about this in the past who confirmed that if we had sold them, we would likely have to announce this via RNS. Anything here is market sensitive and would likely need to be announced if changed.
When asked about Livescores, Mark said we are still on track to hit 96K subscribers by the end of year 3 (currently at end of year 1 just now). He made specific reference to the Livescores sites and apps having recently gone through a massive update with more functionality, more content and more enticements. It now also has live feeds of events. It will be a massive aid to the company for selling other NFT products to the wider community too. He also mentioned the sheer amount of data that Livescores will provide MOS. Overall, he said that Livescores is doing well. Personally I expect to see updates here in the coming months like last year given that the season is just starting again in South America.
We discussed 11Wickets. Marks comments were that it is going fine but he’s unsure when he’ll be able to give updates. JIO are very useful partners but are sometimes slow to deal with and they are currently awaiting feedback from their contacts in JIO. In terms of monetisation, we are paid per impression but he cannot tell us how much or give anything specific due to commercial sensitivity. He reiterated that this is only the beginning for 11Wickets.
We pressed for any indication if we would look to launch NFTs in India as part of 11Wickets or anything similar to Livescores. Mark couldn’t give specifics but did say they were in discussions clubs with several countries and regions which may or may not include the Europe, US, South America, India or more.
When asked about IGS and Battleriff, he specifically stated that IGS are now helping MOS with the launch of the NFTs because both IGS and MOS realise the significance of the revenue and profit opportunities they have in Mexico. This to me is a massive deal because it says just how huge the potential is from South America if IGS were happy not only to pay us more for this period but are also now putting their own plans on hold to help us with our NFT launch because of the opportunity involved.
When asked about TMS (Total Market Solutions), Mark confirmed they are a financial promotions company and are not paid in shares. They were recommended by numerous sources.
For those attending the zoom tonight, I have sent an updated meeting invite to the TG groups. I've not posted the link here because the last time I did that for the TG joining link, it got removed.
If you plan on attending the zoom call and are not in the TG group, the meeting can be found under
Meeting ID: 770 5152 5666
Passcode: aKekB2
Alderbury, for once I actually agree with your point on AIM companies as a whole. What sets us apart here though is my comparison to other companies in similar industries and sectors doing the same sort of thing as us. The scalability is way more possible with far more potential than most other AIM companies perhaps with the exception of pharma and even then, a lot of them are niche and have limited capabilities.
I currently have 7 AIM companies in my portfolio, all of which are viewed by myself as 5-10 year accumulations (none of them considered dog stocks by wider commentating communities) yet I have the most faith and expectation that ifnone of them is going to do the major deed, it'll be MOS in the next couple of years.
The only reason I see a raise being required is for a specific large deal where we need significant cash up front. I just can't see a raise being required for general purposes or for cash flow reasons at this stage given what we already know to be coming in from last rev updates and given how quickly I think we're going to get ROI on what we're doing with PUMAS, Mexico and to a degree, Fanzine.
All IMO of course
My own 2 cents guz,
I don't see a need for a raise to keep the lights on or for simple cash flow issues. If we do a raise, it'll be for a big project or contract or something along those lines. At this stage, it's impossible to say what would be acceptable in terms of dilution if and I mean IF such a scenario plays out. Let's say we got in with England for instance. The revenue and profit potential there is just astronomical. In that situation, I'd be far more comfortable that any dilution for such a purpose would more than be made up in SP increases. Risk/reward and all that. I'd be equally positive if it was for any other similarly sized contract in Sputh America where I think it more likely for something like that to happen. But again, I reiterate that my above thoughts are subjective to it actually happening and I don't currently think we will.
I've never disputed anything you're talking about Itacon, I legit don't know what angle you're coming from here.
Of course it's supporters who spend money but do you reckon they'd prefer to get their NFTs from the club they support or from a fan website that isnt part of the club itself?
Correct Sophie.
To give an example;
If Dani Alves created and minted his own set of NFTs, limited edition etc. And put them up for auction, then they would go for max value in a heartbeat because Dani is super pro NFT, he's got a huge commercial influence, massive marketing support and in his world he's a legend.
The let's say, the creator of the Dani Alves fan club decided to release some NFTs using digital media they had the rights to, but for which there was no actual affiliation to Dani other than it contained images of him or his clothing during games etc. It has far less reach, it has nothing like the commercial support or influence and its already limited itself to a smaller audience.
Now in both examples above, they would likely both sell their NFTs depending on numbers and advertising/marketing, however, I would wager that Dani Alves would sell put, he would achieve maximum primary sales revenue, his NFts would be seen by more people, resold more often, hold their value to a greater extent and therefore Dani, from the outset will have a far greater success than the guy running the fanclub.
Do you see where the comparison lies here?
I'm delighted we're in with Fanzine but as a commercial opportunity, it makes far more sense to work with people that are the official company/club, who have the resource, the teams, the budget, the experience, the content etc.
And as Sophie says, yes, I would imagine that a contract with a single PL club this year would outstrip what we will make from Fanzine in the first year. Just IMO
Itacon, your last comment makes no sense or relevance to anything talked about before... where have I, at any point, ever, commented on whether or not the world Cup or PL is supported by fans???
It doesn't even sound like you know what you're arguing about here. Do some research, look at the company legals behind Fanzine and you'll soon see that although they have some affiliations to some PL clubs among other sports clubs worldwide, they are simply not the PL. What don't you understand about that?
Now if the PL put out tendering processes (I think it did earlier this year) and somehow we landed that or were a partner of a company that landed that then yes, all of your above comments would have some relevance.
The fact is, Fanzine is a smaller deal at this stage than Mexico unless an aranS comes out to say that Fanzine is going to do more. Work on the facts, not the speculations.
And dare I say it, much though I am happy we have an agreement with Fanzine, it's run by a tiny team and has spread itself across a lot of different clubs and online ventures so I can see why things may take time on their end too.
Itacon, Fanzine isn't the Premier League... it's a collective of websites created by someone who noticed there was a niche for fans who wanted a chat facility and a club facility online. If we had a contract with the Premoer League then it would state we had a contract with the Premier League. You're not comparing apples with apples here.
I can't agree with you more Billy
Half a year Itacon, not a year.
Still, you sound like you have very low amounts of patience. Are you genuinely not happy that in the space of a year, the company has gone from doing nearly nothing to where we are now? To having some piddly contracts to having £multi-million multi-year contract? To having secured a deal with a national team for 3 years? To having deals with monsters the likes of JIO and Huawei? Or having our first major customer sign up for a 6 month deal before promptly extending for another 6 months and for even more money?
I think you're invested here but it sometimes sounds like your literally just out to moan at anything you can get your hands on.
The number off people here that seem not ro understand that signning a partnership doesnt mean a deal gets popped out within a matter of days or even weeks. It was 7 months of work to get JIO over the line and that was working with an app that already existed and with one of the biggest companies on the planet.
Entering the NFT space is completely new to almost all companies and clubs right now so forgive me if I'm happy to be patient and to let them work on it for long enough to ensure it goes right first time.
If anything, I'm quite happy we're likely to be doingexico before the UK. Mexico is way ahead socially and culturally regarding Crypto and NFYs, they've already got a fanbase we know are chomping at the bit for NFTs. Can you imagine if we started in the UK and somehow did a Liverpool or messed up some other way? We'd just never recover. I'm glad Fanzine has taken this long for that reason
Sophie I think you're spot on.
Guz, I have fairly regular comms with the BoD, not so much looking for reassurance personally but it may be asking questions on behalf of folk on Telegram for instance.
One thing I have observed is that with the amount of disinformation and deliberately provocative speculation on this share, I'm not surprised a number of investors have taken to emailing the board regularly for reassurance. There is always going to be specualtion and doubt over things with any AIM company but where there are genuine questions and concerns intertwined with people making things up or deliberately exacerbating the situation, it's never going to sit well with genuine investors. I don't mean that for any of your questions Guz, but some on here as you'll know come out with some outrageous statements.
Clowesbarlow, if you actually research the directors, you'd realise they've either all got other sources of income or have sold companies in the past which likely help fund their lives rather than having to rely on cash out the business here.
Itacon youre jumping around here a wee bit.
The company gave us the cash position when they gave their trading update.
That's relatively close to where we are now. Admittedly they have signed a couple of contracts which likely have reasonably startup costs but it's not like an ATM where you just nip up whenever you like to check your cash balance. I don't know any other AIM company that announces how much they paid for a deal in startup costs and then updates on cash position everything they sign a deal.
My numbers suggest that we are nowhere near needing to raise cash to simply keep the lights on especially as we have shares in Gfin that can be sold if needed as well as what I expect to have been a fair injection of cash via the IGS payment we are assuming was made in the last couple of months.
If the right contract came along and was based in the same model as Mexico or PUMAS and we have demonstrated that it works and makes us money then I wouldn't immediately shoot them down if they needed a little help to start it up. It costs money to make money particularly if you're actively scaling while doing it.
Having said all of this, I still heavily doubt it'll need to go ahead.