Evr Share Discussion Threads

[frankie83] 17/10/2019 22:41

Why would O2 sign up and advertise someone who ain't going to be here next yr?

[invisage] 17/10/2019 22:26

thetempest

this is what the O2 collaboration will do: bring in a customer base, at zero cost to EVR

EVRH would have to spend cash developing content.

EVRH will have to provide the services at a substantial discount, no way will O2 pay them £10 a user.

You should read the review from Google play for the MelodyVR app from a lady called Sarah Paramor on 28/09/2019

"The only thing that are free are terrible songs and I tried going onto an imagine dragons song but it said but for 9.99 you need to put the prices down and make it less laggy"

EVRH charging £9.99 a song, O2 are given unlimited access...…R30;…..big difference in revenue.


O2 deal relies on HUGE volume. Problem is iPhone 5G won't launch until this time next year at which point EVRH would have burnt all their cash ….. No real incentive to take up 5G until iPhone 5G is released next year at which point more services will be supported etc. This deal is not as good as some think...


£1m burnt a month...clocks ticking....

[invisage] 17/10/2019 22:25

this is what the O2 collaboration will do: bring in a customer base, at zero cost to EVR

EVRH would have to spend cash developing content.

EVRH will have to provide the services at a substantial discount, no way will O2 pay them £10 a user.

You should read the review from Google play for the MelodyVR app from a lady called Sarah Paramor on 28/09/2019

"The only thing that are free are terrible songs and I tried going onto an imagine dragons song but it said but for 9.99 you need to put the prices down and make it less laggy"

EVRH charging £9.99 a song, O2 are given unlimited access...…R30;…..big difference in revenue.


O2 deal relies on HUGE volume. Problem is iPhone 5G won't launch until this time next year at which point EVRH would have burnt all their cash …..


£1m burnt a month...clocks ticking....

[smackeraim] 17/10/2019 22:24

Spotify posted a FIRST ever profit in 2018. It has been loss making since inception until then. Over a decade. Market cap is 21 billion

[frankie83] 17/10/2019 22:14

Invisage - all things have to start somewhere, you have to spend to expand. What's been going on behind the scenes the last few years have been positive.... I suffer with ptsd and this stops me going to some gigs, I agree this won't work for everyone.... but what does work for everyone.... This could be rolled out in many areas - having the chance to see, be involved with a gig but not have the anxieties of being there suits me. This will also suit people with similar situations like my own/ or people who just can't make it / or afford it. I don't know your position and I'm not to fussed but I really see this working... I'm not ramping.... I'm invested because I think it's a great idea and if I make some more money along the way I'll take my chances...But a question for you, is evrh a good idea?

[thetempest] 17/10/2019 21:50

this is what the O2 collaboration will do: bring in a customer base, at zero cost to EVR, with some kind of 'subscription' from O2 and with all the incidental press coverage and customer comments with their freebie offering.

The only downside I can see is if EVR fail to accommodate the influx of new users and fall at that hurdle. Any tehnical issues will be a knock but the fact that EVR, for 12 months, have some form of guaranteed new users while also benefitting from the pr push to also find their own new users makes your numbers look just like a history lesson at best.

Just get onboard and have done with it.

[invisage] 17/10/2019 21:33

Frankie - Noted, but problem is why is there a lack of takeup as reflected in the low revenues?

If there were revenues to back up what your saying then your point would be valid, the lack of revenue tells you it is not working so far.

[frankie83] 17/10/2019 20:20

It's not there to replace going to the event, it's an alternative... if the concert is full or you have restrictions of going there..... this ain't meant to be just as good be as good as good but there to offer an alternative way of seeing your favourites.....Who would of thought playing football back in the day when we was kids was going to change to playing fifa with your mates online...

[invisage] 17/10/2019 19:16

Although the tie up with O2 may seem great to be associated with a well known mobile operator, the product has to be fantastic. I've read google play reviews of the MelodyVR app, it has several negative reviews.


So the userbase may increase but so too the negative feedback, how can an APP replace going to a concert? It feels the negative feedback will be magnified a higher userbase.


The numbers in the financial statements don't lie,

- They burnt £6.6m in 1H so burning just over £1m a month (See cash flow statement)
- They raised cash of £4.8m from you the shareholder.

End of June £17.7m cash

So if they burn £1m a month, by the end of April 2020 they would have burnt £9m between Jul 2019 -April 2020

Therefore a cash position of c. £8.7m


The market cap is £91.1m for a company that will have c £8.7m cash in 6 months time and will keep burning £1m a month.


Revenue was £128k in 1H, given only 10,000 users or so have downloaded MelodyVR app that is about £10 a user. One also has to discount that MelodyVR have had negative feedback on the app so these users probably won't use the app again which means the avg cost needs to be even higher than £10.

Given they burn £1m a month they would need 1.2m users to cover the cash burn assuming each user spends £10 avg. 10k users to 1.2m is a 120 fold increase in the userbase.

They are likely to need a user base of in excess 1.2m given a chunk of this is likely to be negative on the app.


That is a huge step to cross - congrats to them if they can manage it.

The biggest winners are the employees who are paid a salary thanks to yours truly. Investors may keep piling cash in to support the company but overtime the value of each share will decline, it is called share dilution as the market cap is spread over a much higher shares in issue.

But in all honesty what's the point in punting in something as speculative as this with your hard earned? Will it work or won't it work? Feels likely to fail due to cash burn, most likely won't last long enough to establish itself if there was a chance.

Makes more sense to invest in proven businesses that already work and will grow over time IMO, the miracles of compounding are underplayed, most folk want to be overnight millionaires though, hit a big one. But they are more likely to end up in the poor house IMO.

[smackeraim] 17/10/2019 16:30

I will make a prediction that the market can now see a route to revenue and will buy the story.. much like VRS and other companies who "punch above their fundamental weight".. EVRH now have a mass market product that is being marketed to the mass market- go figure.

[red5] 17/10/2019 16:24

Normally I would have bailed with 20% hit but I like this one and would hold long term red5 standing buy

[birtwhistle] 17/10/2019 15:45

Brilliant stuff, Jak. And original too??

You better tell JG, and Mr Evans, CEO of O2, that they've got it all wrong then.

[frankie83] 17/10/2019 15:16

Day traders falling away.... hopefully we will have a blue day tomorrow, on the back of today.... very positive news and hopefully this now keeps moving forward on the market not just behind the scene.... good day to you all.

[mwainw1973] 17/10/2019 13:12

Ticking up again ?

[hazl] 17/10/2019 13:10

This company has so much going for it that it will prove itself.
No need to worry about various posters in my opinion.

[bobby1904] 17/10/2019 12:45

As I said earlier - what an idiot you are. Why don't you go and deramp somewhere else. One of the others you are paid to spread your lies on.

[jammydodger1] 17/10/2019 12:44

Co ordinated gangs from different boiler rooms

[jammydodger1] 17/10/2019 12:43

Careful here rampers in full working mode back after lunch

[hazl] 17/10/2019 12:36

Alliance News) - EVR Holdings PLC, the creator of virtual reality entertainment content and operator of the MelodyVR platform, said on Thursday it has entered into an exclusive UK partnership with Telefonica UK Ltd, which has more then 25 million customers in the UK.

The partnership, which launches on Thursday, will see MelodyVR unveiled as the exclusive music partner of O2's 5G UK launch. Telefonica-owned O2 will provide customers of its new 5G network in the UK with a 12-month unrestricted access to the MelodyVR platform, redeemable via the MelodyVR app on smartphones or virtual reality devices, when they upgrade to an O2 5G plan.