RE: .4 Jun 2018 21:41
This will be multiple platforms across many countries including China and Japan, with content being trickle fed each week. They are slowly building momentum, more artists are appearing on the app each week and Melody are actively sending out emails to advertise new content. I have received a few already after registering on the website.
Also the artists are tweeting about MelodyVR, and people are retweeting those tweets. The reach through this form of advertising is targeted, immense and in effect, free.
The content will come. I had hoped for more content by now myself but it is arriving, as they said it would. They have over 6000 hours of content to release, so they are sticking to plan and trickle feeding a little and often.
I expect we will understand a great deal more after the AGM. Im starting to think they will withhold any positive progress updates and news until the AGM, with it being only 2 weeks away. They will want to have positive news for the F2F AGM or they will be facing a difficult time from investors in the Q&A session.
The share price drop is disappointing, but a great opportunity to top up imho. News regarding the next live concert, further platform rollouts and/or country rollouts, and the price is likely to bounce back fast. This is the AIM, so we often see big troughs and peaks.
In terms of AEG rumours, institutional investors buying millions of pounds of EVRH stock will have done immense due diligence and risk analysis. For all we know, AEG may even be in partnership with Melody. All will come clear, but for now, Im taking this opportunity to fill my boots.
As always, please DYOR. GLA.
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