Member Info for Steady_Aim_Fire

Look!!! There's a pattern in the numbers... There are some buys and sells of exactly 1,000,000 at a time...
It must be a sign of someone buying and selling a million shares at a time...

Spoooooooky ??????

Paying homage to a special friend

Hoping to get some form of news this next few weeks on one or more of the following;
Huawei update from earlier in the year.
IGS success of the first 6 months and potential renewal of contract (this may be later we hear about this as numbers will still be coming in).
Vodafone in India.
Fanzine Ltd and any of its exclusivity deals.
Potentially JIO perhaps with collaboration with Vodafone in India for the cricket or other games (collaboration is just my wishful thinking but ai fan see it working).
Updates on Livescores and associated apps.
Gfin if their CEO ever pulls his finger out.

I'm also convinced and have been saying for months that the BoD here is not sitting idly waiting for things to happen. This is the sort of team that's never switched off, always hunting for the next deal or partnership so I am still expecting ME and NB and TG to have been working hard on expanding our presence globally as has always been the ambition.

We've got enough cash to last a long time in this current market which not many AIM companies have.
We've got huge upside potential both short and long term which not many AIM companies have, in an enormous data-driven market with access to that data which not many other AIM companies have.
We've got a good mix on the BoD between visionaries, number guys and completers which not many AIM companies have.
We're right in the centre of Web 3.0 and the Metaverse and at the busiest ever time for esports, ingame purchases, play to earn and more which not many other AIM companies have.
We've also got 3rd party companies asking to do business with us which not many AIM companies have...

The fundamentals have done nothing but get stronger. Quite literally nothing has changed negatively other than time delays outside of our control and the dilution of shares due to a placing which allowed us to buy 1 company entirely, buy £250K in shares of another company we are doing business with and to fund the capital and start up costs of other co tracts the BoD are working on. I still stand behind the BoD decision regarding the placing. Entrepreneurs dont let opportunity pass by them

Little bit of patience is all that's required here. And for those of you new to the AIM game, patience isn't just waiting for an hour or two or a week. Patience is waiting for market sentiment to change, for fundamentals to change, allowing the BoD some time to deliver.

Remember that between them the BoD has huge skin in the game here and it's in their best interest to make this pay off for the rest of us.

Agree entirely with you Oilsparrtan. Well in on topping up too. It's only a matter of time and a little patience

Guzzler, my understanding is that if there were terms or conditions associated with the share or its connection to any Deal or JV then we would have to have them out as and when via RNS. The fact we haven't had anything dictating anything regarding requirements on the shares or on the JV makes me think that formallybthey are jot connected. Obviously behind the scenes, it's a great method of positioning ourselves to have power and sway in decision making.
Take Quanta for instance, all agreements regarding loan conditions and connection to shares and the share value should we purchase more had to be dictated from the start. The only way this would be possible now is if we were to loan them money or agree to exercise warrants etc. If we hold them.

So in short, based on history and AIM requirements on disclosure, I would doubt any of our current shareholding has any strings attached to the JV and vice versa.

I can verify city's comment. I've spoken to NB via that email and had comms back directly and efficiently

Itacon, not sure if it's just a build up of time and frustration or not but it feels like your tides have changed here. If you're not comfortable with the investment you've made that's entirely up to you and nobody is going to stop you from moving on to another stock.
What I will ask is how many companies have you been invested in for longer than a year or two? If you've done this a while, you'll know that knee jerk reactions, cold feet, rumour etc. are all commonplace particularly on boards like this.
Yes, there are clearly delays, most of which don't sound to be in the control of MOS or its board. We can't do anything to help that other than sell or wait it out so thos are your options.
Personally I'm holding and have topped up further last week to average down. Radio silence from a company that previously argued with its NOMAD because it wanted to tell us everything isn't a bad sign. Busy bees never lose their buzz. If I could afford it, I'd bet my mortgage on the fact that the BoD are working hard behind the scenes because they all have huge skin in the game. It's not in their interest to screw anyone here.

I appreciate if that's how you feel though, each to their own

Echoed Red dot

I haven't tried to give you any direction in a long time since you threw you're wee toys out the pram on telegram.
I genuinely hope one day you obtain the ability to gain external perspective and observation on the sorts of things you post, your aggressiveness and your inability to comprehend any other view than your own.

Guzzler, you didn't get bashed for stating it, quite the opposite, we collectively spoke to the BoD who told us that it was what it was and wouldn't be changed hence the move to quarterly updates. They also said that some of the billing is a month behind, some is accurate and some is potentially forward billing so actually youre wrong, they can have bits of it done different ways.
You're getting bashed because you're an aggressive arrogant tw*t who can't move past the tiniest of details and look at a big picture.
I'd love for revs to be given as clear as day, who wouldn't? I don't think anyone has ever disagreed with you there. I'm not in control of revs, nothing I can say or do can edit how revs are delivered to us on the subscription or backpayment side or the IGS contract. Cool. Move on. It's not difficult and you're now the one causing all you're own grief here.

I understand that frustration Lost Money.
I won't comment on the first placing as I wasn't invested back then but I understand the frustration of what appears to be a double whammy in that regard.
When it comes to most recent placing, I don't think it was specifically planned and I certainly don't think there was deliberate misleading. I think the news before that came because the company was working hard to produce. I think the placing came because there was an opportunity with Gfin and a placing was more sensible than eating into cash reserves. It also made sense to hitultiple birds with one stone and buy out Krunch fully as well as use the remainder of the placing funds as capital cash for larger deals we have been told are likely to be coming (details obviously unknown, I'm inly going by IGS, Gfin, Fanzine etc. As well as ME telling us they were being approached as partners as far back as Jan).
Yes the timing here was unfortunate but the BoD was not responsible for Gfin which I believe was the catalyst.

As for it being a lifestyle share, I totally disagree with you here and think this is a bit naive. If you look at what we've been told is being used as payment for various board members and some staff, shares are what is being used. The BoD have huge skin in the game and have only increased their risk there by adding more and taking shares in leu of payment. Think about that for a second. How confident would you have to be to say no to money each month in turn for shares that have the potential to be valueless if this all goes pear-shaped.

Yes, some of them have now started taking a salary (fair enough) but they still stand to lose an enormous amount should they fail. Aside from fundamental research, this is the single biggest confidence I have/need to have in order to remain entirely comfortable with the situation.

Happy to admit in 6 months or a year if I'm proven wrong

I've got him filtered but I'm guessing Guzzler is back on that wee Shetland pony he thinks is a high horse again?

Such an aggressive individual. He was the same on telegram. Couldn't see the forest because there were trees in the way and it didn't matter what was explained to him or how, he just refused to hear anyone's voice but his own.

Let him rant on

I'd agree with you there regarding your last point Skeletor. Speak to Nigel. He's always good with responses and I have faith he'll be back to you ASAP.
His email is on the bottom of most of the RNS as is his mobile.
I've spoken to him a few times and always had a good interaction. He's also more clued up regarding the NOMAD, it's requirements and the general financial side of things than ME. Don't think I'm saying anything either of them wouldn't agree with.

Spot on red dot!
I've just stopped responding to him. There are logical lines of inquiry that I'm happy spending time on but not that.
Forget being a broken record, I think Guzz went into the vinyl shop with a jackhammer!

Great summary, and also great to reiterate that the monthly revs won't include (to the best of our knowledge) anything/very much from Gfin, a chunk of IGS, Fanzine and associates or anyone else were trying to get big contracts with.

Lost Money, I have a gut instinct you're going to be looking up ways to retract comments on LSE before long

Agree with you're options Hepseal
Agree with your thoughts and sentiments Arron & City.

Personally hoping that revs have increased. We have to remember that we're talking monthly increase here and not annual so if we're still increasing by 5-10% each month, that's phenomenal growth over the long term.

If I'm greedy though, I'd rather a monster contract with a Jio, Vodafone, Tencent, Gfin or even IGS renewal. If we won a contract worth millions, it would just dwarf whatever our monthly revenues are. It could instantly multiply our revenues several times over if we did.

Hi Runner,

Our revs were sitting at circa $150K per month at last count. We have since invested £250K in a company and raised circa £1M to fund capital costs of that agreement (deal details pending).
Now if we look objectively here, yes the timings of the placing haven't been ideal, however, since last October, the company has delivered on almost pretty much every promise and every venture it has entered into.
I simply cannot see us taking a £250K stake in a business as well as generating serious money to fund capital costs of a JV with that business (among others I presume) unless we believed that the outcome and ROI would be significant enough to return decent profits on both the investment and the capital raise within a year.
Most tech companies look for quick scalability (we know we have this), most tech companies in this specific sector aim for return on investment within 6-18 months maximum. I have absolutely no reason to believe we would be any different.

I don't have a specific definition of "chunky" at this stage however if we take IGS for example adding a minimum $720K over 6 months, where we have not invested in them and have not had to front anything like the initial startup costs (again only deducing here), I can't see them wanting Gfin to generate us any less than $1-1.5M per year.

Have a good long weekend folks.
Took the opportunity to top up another 577K today. Hoping we get something next week but happy to wait either way.

Faith in the company and BoD to deliver has never been stronger.

Provided rev update shows continued growth without the Gfin contract, I'll be happy. I expect Gfin to add a chunky amount to it regardless. And we've got IGS to consider too. Me already confirmed it was back-ended and it's also now nearing completion so I expect that to be a discussion they have soon about any possible plan for continuation.

Also looking forward to seeing what we can get from Fanzine, Huawei, Vodafone/India and potentially JIO and anyone else they are in discussions with.

I listened to the same presentation so I'm glad I'm not the only one hearing it that way.

I believe you are correct, the vast majority of NBs shares and his family from my understanding, are from real money and not in lieu of salary.

You may be right in the length of time it was known for. I'm presuming, given that we have the JV, that they were clearly in discussions of some form or another but I think it was literally a few days between their SP tanking and the shares being bought to support Gfin. I doubt we'd have known the true extent of the Gfin figures in order to predict a SP tanking like that.
Again, I may be wrong and I doubt we'll ever truly find out.
Placing aside, I do view it as commercial positioning. We now have a small hold over Gfin and that may help us immeasurably in the future in terms of contracts, decision making and hopefully an overall ROI.
Short term though, I'm just looking forward to whatever coming next and in whatever order.