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You missed out the service revenue from EstadioBET which alone should deliver break even for MOS.
Also, affiliate revenue too.
Amtech.... You ask "who is explaining?" ...." Weed isn't".
In simplest terms I can only express that I don't feel any need to explain.
Amtech. - you point out that there are lots and lots of betting companies and competition, and ask the question re what sets MOS apart?
When you say MOS I assume that refers to EstadioBET? While I do believe there are things that give EstadioBET an edge, I also believe that there doesn't need to be anything that sets EstadioBET apart at all. It just has to grab a few percent of the overall Mexican gambling market. There is room for competition. Especially as the Mexican gambling market is growing.
Just my ramblings
Roughly 10m bought so far without reply.
Maybe the seller is now a buyer 😀
John Barkers track record is better than most. He knows and understands the markets, has lots of contacts, and has experience in eSports and gaming.
He has had a small advisory role with MOS in recent times. Good to see it formalised and to know that he will be dedicating a lot more of his time to MOS. The fact that he is very much aligned to us, the shareholders, by having a chunky shareholding himself, is reassuring too.
Somebody just bought 10m. And by my reckoning there is a delayed buy still to show.
Another good start this morning....
Akka.... Was wondering if you have any evidence of City having "other burner accounts"? He replied to me and techno... So are we the burner accounts?
Some solid buying this morning.... Good to see
At least we have done the forms.
I have seen plenty of times where people simply don't bother.
I also had to complete a TR1 form. Looking at the form, you are asked to tick the box that referred to what triggered crossing the threshold.
Mark having 9m less shares than before was not enough to cross a threshold. The raise and subsequent dilution was enough for Mark to cross the threshold.
Not sure if John Barker crossed a threshold or not. If so, there should in theory be another form to be released.
System,
MOS did not give BET a lump of money up front.
MOS invested into BET and now own 25% of BET. Plus another 2% via the media arm.
Of this morning's trades, only one (1,000,000 shares) is actually as sell. The rest are all buys.
Also think Mark Barry is correct when he says that a functioning, open for business EstadioBET will be worth significantly more than when is was being put together. From memory, MOS put in £250k (need to look back and check), but that will be worth several times more.
Best to all
I'm surprised that it was only 25%. However, as I didn't get involved myself, then, making myself a sample of 1, there clearly wasn't the appetite.
My thinking is that the £300k is more than sufficient to see MOS through to beyond the BET launch, at which point MOS will be at least break even, and possibly actually making a modest profit.
The subscription was to give current holders a chance to get involved if they chose to do so.
All of the above is just my thoughts and ramblings.
Best to all.
I also think it will be the full 100k.
We will know soon enough.
Best to all.
Somebody just dumps 10m 🤦
I have added a few at these prices. If it goes cheaper, then yes, I will probably add a few more.
Best to all.
I meant great price as in cheap price. I'm sure there are many people, on here and elsewhere, that have paid much more for 10m shares. I certainly know I have.
Best to all.
10 million hoovered up at a great price.