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7 Digital is acting as an aggregator and taking 90% profit margin.

How sustainable is that. I do not work for a blockchain company. I currently am looking at how I could move a catalog of over 200 music releases to blockchain.

Current music distribution.

Artist > Label > Distributer > Aggregator > Shop > Customer

Current music money flow

Customer > Shop > Aggregator > Distributer > Label > Artist

Blockchain distribution

Artist > Customer

Blockchain Money Flow

Customer > Artist

I know that @Cylinda. What I'm saying is when the creators are seeing margins so small. Something will always change. Amazon, Google, Spotify etc etc are not record labels but have taken over sale side of the industry in a very short space of time. As always business is first, legislation or industry response 2nd. The industry is responding. Look around for Bands already releasing on Blockchain and banning their music from various platforms.

7Dig would do very well to set up a blockchain distribution based on smart contracts. 90% margins are to high when a lot of the creators are struggling to feed themselves. It's simple economics, people go where the money is. Artist are moving to more control and ownership and will not forget the past ten to fifteen years in this industry in a hurry.

@Spider, This is my industry. You chat rubbish, I used to earn a huge amount more before streaming became a thing. In the past 1000 sales would make a rough profit of £3,000. You now need 1,000,000 streams to make around the same. However that is the label owners, not the artists. Take that figure and reduce it by at least another 50% for artists.

Trust me when I say this, Blockchain is the future of music distribution. Smart contracts solve all levels of issues this industry has seen. Each track will be a "business". It will have all contract info for streaming, downloading, licensing etc attached. There will not be middle men on 90% needed.

This is not to de ramp the share. I couldn't care less about that. I care about the industry and I'm giving you all some information as to what is being talked about by artists, label owners and distributers. They all know its coming.

If you think 7 digital will retain a 90% profit margin in the future, you need to look at the market. Why would a middle man provider make 90% profit on someone else's art? How sustainable is that? How fair is that to a current industry that is the most adversely effected by lockdowns?

With the rise of blockchain solutions artist will set up their releases on blockchain with attached smart contacts and will not want to be near any middle man company that sits on a 90% profit margin for selling someone else work. Just a heads up as this market is changing.

Honestly ask yourself, is 90% sustainable when your product is someone else work? I just can't see it lasting in a changing world.

More good news ignored by the market. One day it will wake up. Can't believe I can buy under 20p after FDA approval. Looks like the loading up phase is still on. GLA

Yesterday was bit like 2020 for TEK. It didn't happen. The faithful few I'm sure will still be here. More derisked and closer to the goal for me. Off the thoughts the MM's have a dislike for TEK.

20p For starters if it passes.
50p For main course when the digital ID (6 months and will be Law) laws get close
100p For desert when then land the Drivers Licence deal.

Looked, bloody spell check

Was closed when I locked half hour or so ago.

Missed it completely, Can't have taken long to oversubscribe. Now hoping the MM'S drop it on open and I can grab some more near that price. Well done those who got in.

I think they could raise that no problem Cam. There has been some serious amount of capital raised in the markets of late. The appetite is there. Existing larger shareholders will probably be already be inquiring and I'd be surprised if we get a look in. I would love a primary bid offer but maybe wishful thinking. A few more days of SP rise would be nice beforehand to up the raise price.

Looking forward to the progress and the market waking up to the value TEK own. Personally I think we should take all warrants, sell half our investment into the float and have capital for the other investments. Hold 15% and let it grow in a market which is massive.

Was wondering the same.. Lets hope so! The USA dragged ARB into reality, lets hope it can do the same with TEK.

At least one of them is not playing fair for sure. A spread that big on a company that just got FDA approval isn't on in my mind. Just no need. Why is the bid and ask always done in penny's? Surely the % spread could be dropped. The profiteering from makers is just to much at those levels in my mind. Really interferes with a free market.

Market makers not playing fair with TEK. 16-18% spread is just wrong, greedy bar steward's. Holding this price back, look at the market cap MM's?? Todays news is worth way more and you are giving away the other investments for free.

Yeah this investment will be worth more than TEK's market cap. Fully de risked today, TEK will have investors falling over to give them the money for warrants. Buy one investment, get three free today.

Just MM's selling to all the new comers then dropping the bid for LTH who want to sell. Always happens in waves, highly undervalued and great progress coming. It will be way over this price in months to come.

Worth a small fortune to TEK and still over current market cap once it lists if you ask me. Then we have the three others with more goodies to come this year. Highly undervalued play in my mind. GLA all holders..

- Belluscura - 18.9% Ownership - Patented portable oxygen concentrator program. Currently with FDA awaiting approval.

Recent News

https://www.lse.co.uk/rns/TEK/belluscura-update-1aola94fe8m9c11.html

https://www.lse.co.uk/rns/TEK/portfolio-company-update-belluscura-plc-z0yrebtzn2r3qua.html

Todays FDA approval

https://www.lse.co.uk/rns/TEK/belluscura-fda-clearance-vnur950rwmk3pdq.html

Website

www.belluscura.com

So with TEK its buy one, get three free. All businesses operating in billion dollar industries. A gem for 2021 with news due on all 4 fronts.