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[dubois] 18/8/2022 16:58

Happy with another small rise. The same for another 10 days would do me fine.

A great deal of major re rates are preceded by several days of small rises. Finger crossed.

[purchaseatthetop] 18/8/2022 16:01

The RNSs were indeed a great help. Must be rather annoying for the BoD that nobody takes their new contract RNSs seriously any longer. This was all done to enable a placing spike.

[dubois] 18/8/2022 12:30

Maybe he has gone to get help?

[hazelst] 18/8/2022 12:26

No thief today? I wonder why.

[dubois] 18/8/2022 08:37

I see buys are still showing as sells!!

[dexdringle] 18/8/2022 08:35

Tea Cup

I like this "randomly name a piece of crockery" game, but I fail to see what it has to do with MOS....

[dexdringle] 17/8/2022 22:26

purchaseatthetop 17 Aug '22 - 20:17 - 29543 of 29543 (Filtered)

Bliss....

[purchaseatthetop] 17/8/2022 20:17

Dubois. I only get guidance from RNSs thanks! Is that so bad?

[dubois] 17/8/2022 20:04

Dexdringle, I have tried and tried to get Purchaseatthetop to seek help and guidance but to no avail.I too have now had to filter him.

[purchaseatthetop] 17/8/2022 19:48

PATT weeps softly. Sad that Dexdringle simply is too soft to actually read their own RNSs.

[dexdringle] 17/8/2022 19:06

I'm afraid I've finally had to filter PATT.

It's like taking a stone out of 'me shoe 🤣

[purchaseatthetop] 17/8/2022 18:38

dougy1...you asked:

"Do you understand what a commission in perpetuity looks like PATT?"
Yes I do. Sadly using discounted cashflow it means very very little beyond five years and that is how companies are largely valued.

Lets look at the details of the PUMAS contract:

Details of the Agreement

Under the terms of the Agreement, the parties have agreed a target revenue figure over the 5 years of the contract, of which MOS's share is approximately USD 14.5 million. This net figure is the estimated revenue MOS will receive after any rev-share payments have been made. The Agreement also requires MOS to make an initial cash payment to Pumas, which is well covered by the Group's existing cash and cash equivalents of £1.8m, and if certain revenue targets in a year are met then a minimum revenue guarantee would exist for the next year. However, in the context of the revenue that MOS would receive for this to be activated, the Board considers these would be modest and achievable from within the next year's revenue that MOS expects to receive from the contract. The Board further believes that, noting the expected recurring nature of NFT revenues, it estimates that its maximum net exposure, under all but the most extreme worst case commercial assumptions, including the upfront cash fee, would be approximately USD310,000 over the first 3 years of the Agreement. The Agreement contains a 3 year break clause and standard terms for termination.

Key elements:

"the parties have agreed a target revenue figure over the 5 years of the contract"
"if certain revenue targets in a year are met then a minimum revenue guarantee would exist for the next year"
"The Agreement contains a 3 year break clause and standard terms for termination."

From those you can clearly see that:
MOS only would get any income if they exceed the annual levels required for each year and only then get an income the following year.
The contract is for 5 years max
The contract can be terminated after three years and for other reasons.
There is no in perpetuity involved.

Add to this that PUMAS already have an NFT partner that they signed up in May 2021 as I posted earlier and you can see that what you think is the value of data I see as complete lack of any cashflow or secured contract.

You really also need to understand what these sections mean:
"However, in the context of the revenue that MOS would receive for this to be activated, the Board considers these would be modest and achievable from within the next year's revenue that MOS expects to receive from the contract."
Here they are only saying that they "expect" to even activate a revenue share.

and:

"noting the expected recurring nature of NFT revenues, it estimates that its maximum net exposure, under all but the most extreme worst case commercial assumptions, including the upfront cash fee, would be approximately USD310,000 over the first 3 years of the Agreement."

Therefore the cash payment up front is far higher than $310k as this loss is after assumed recurrent NFT revenues. Maybe they have fronted $800k?

Expect a placing damn soon. They had $1.8m before they started this and stated in the RNS "The Agreement also requires MOS to make an initial cash payment to Pumas, which is well covered by the Group's existing cash and cash equivalents of £1.8m" so we know it is less than $1.8m but maybe not far lower. They need much more cash now.

One day you will thank me for being a boring accountant. Reading RNSs is really important and also actually understanding them!

[dougy1] 17/8/2022 17:38

Happy to help

[dubois] 17/8/2022 17:26

Dougy1Nothing in your post that we didn't already know. However, how brilliantly put. Always good to have someone to re explain what we already knew.Great post, more please.

[dougy1] 17/8/2022 17:03

Interesting that the sceptics, trolls, doubters and in some cases, genuine investors who had lost a bit of faith over on LSE have suddenly changed their tune. The more some people comment on this board though, the more they show their ignorance. Clearly the word "perpetual" doesn't exist in some peoples vocabulary. I would like to remind everyone, that if we produce an NFT trading card (trading being major part of the name here) and it is regularly traded and comes up generating interest then for each time it's traded, we get a kickback. The same for any digital asset we produce here whether a card or not.Imagine you sold your car today. Imagine the person that bought it, sold it again in a month but also Imagine that when they sold it, you got a kickback of a few percent. Imagine that for every time that car is sold in the future, in perpetuity, we get that same kickback percentage which will increase or decrease with the value of the NFT. Now imagine that car is limited edition and collectible. Imagine all that it takes to sell that car is the click of a button. And that in order to recieve your kickback, you need to do nothing because it's all built into blockchain.Now imagine you are producing thousands, tens of thousands or potentially millions of these easily tradable, lucrative trading cards, digital assets and more. Imagine that your audience is now the population of the football fans of Mexico and their supporters worldwide. Imagine you're also getting into bed with the local but equally popular clubs of Mexico, one of the most dedicated football fanbases on the globe. Do you understand what a commission in perpetuity looks like PATTNo other business model other than the arts/entertainment/movie industry works like it.PATT, go off and learn what TF you're talking about. You're a boring old accountant that sometimes comes across as if they understand numbers but what you don't understand is the future. What you don't understand is the value of data (which we already have exclusive rights to). What you don't understand is the value of a loyal fanbase that will buy into literally anything their heroes back and into anything that makes them feel part of the crowd. When will you realise you're about to make yourself look like the biggest fool on AIM.Anyone can pick and choose numbers from a balance sheet to make a positive or negative argument but only you seem capable of doing it in an industry you know nothing about and where you very clearly don't understand the value of data, loyalty and buy-in from people with combined totals of billions of followers on social media where they'll be pushing their club NFTs. Maybe the local cornershop needs an accountant to help them balance their books or become more tax efficient. Go help them.

[soultrading] 17/8/2022 16:44

Nice strong finish there - more tomorrow

[purchaseatthetop] 17/8/2022 16:09

Thanks for your thoughts Dubois. I am touched. Makes me even happier I have clarified these issues for you.

Do you simply not want to know these things that I reveal for you? Surely as a holder you want best understanding of the prospects?

What is your view on the Pumas NFT deal clearly not being only MOS but just another one as one signed in May 21?
What is your view on the calcs that show $750m of NFTs have to be sold to hit the target? And with competition who have a years start?

Or does it upset you?

[dubois] 17/8/2022 15:46

PurchaseatthetopYou are getting worse not better. Do you have any dignity at all?You come on here and just try to kill off everyone's hopes and desires.Do not reply with you are updating people to the risks as we are already aware of them.I feel so so sad for you. You are obviously beyond help.

[hazelst] 17/8/2022 15:01

Be careful, convicted fraudster operating on here.

[purchaseatthetop] 17/8/2022 14:27

4/7/22 RNS says: "Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is proud to announce it has signed a major 5 year contract to be the exclusive global producer and provider of Non Fungible Tokens ("NFTs") for Pumas football club. Pumas is one of the "big 4" football clubs in Mexico with a global fan base including huge support in Mexico and the USA."

Very odd. Does not seem quite as exclusive as it appears:



28/5/2021
Bondly and The Serouno Group have partnered with Pumas UNAM to launch Liga MX’s first football club NFT program. Pumas UNAM’s goal for this partnership is to give millions of their worldwide followers a closer and deeper connection with their favorite team and players. The dynamic and engaging series of NFTs will include perks and benefits that only the NFT holders will be eligible to redeem for experiences, engagement, merchandise and more.

Who is Pumas UNAM?

Pumas UNAM is a member of Mexico’s Liga MX Primera Division, and has won 15 championship trophies including 11 domestic and four international. Originally founded in 1954, Pumas UNAM has a long and rich history and projects to have a competitive team for the upcoming July 2021/’22 season.

What will the partnership look like?

Reflecting the club’s progressive vision for fan engagement, they have partnered with Bondly and The Serouno Group and plan to give their millions of followers worldwide a closer and deeper connection with their favorite team and players than ever before. The Pumas’ NFTs will offer benefits and interactive experiences only available to NFT holders. The Pumas’ NFTs will be launched through a digital marketplace developed especially for Pumas by Serouno Group and Bondly.

“We are extremely excited and proud to partner with the Serouno Group, to bring NFT’s to Pumas UNAM and their fans. Bondly’s partnership with Pumas will provide next generation fan engagement, by bringing them closer to their favorite team players and giving them access to exclusive content solely available to NFT owners,” said Jack Flaherty, CEO of Sports, Bondly.

“For Pumas, this is a major move towards mainstream adoption of NFTs as new users are introduced to this new concept through a collection that will definitely open a wide range of possibilities for real-world and virtual assets that they’re passionate about to connect with them wherever they are and increase the fan engagement, bringing a new dimension to digital interaction, allowing Pumas fans and not fans to manage a unique piece of the Team’s history that is valuable from the collectible aspect, and also as an integral part of a thriving economy,” said Alex Carmona, Commercial & MKT Director, Club Universidad.

[purchaseatthetop] 17/8/2022 13:13

I do not change my mind because nothing changes. Look back through all the new contract RNSs so far and see if any extra gross margin has been generated? None at all.

This new RNS includes the statement that commercial terms are similar to those of the July 22 Pumas contract

Look at that contract as it says that “if certain revenue targets for a year are achieved then a minimum revenue guarantee would exist for the next year” ( in details of the scheme). So MOS have to actually deliver unknown revenues to even have a potential right to any income in the following year.

The terms are so uncertain that my view is that any actual revenues would be zero. They seem to have a five year total revenue target and only get any income in any next year if the agreed target revenue has been earned to date and then MOS only get a revenue guarantee for that year.

So Dougy1. If you actually read the detail of the RNS you can see that the earliest actual revenue might be in at least 26 months and that is if MOS get paid off immediately.

Based on MOS target share being $14.5m and let’s assume MOS only get 25% of share then the total revenue to be shared is $58m as this is only around 7.5% of the gross sales this means NFTs worth $750m have to be made in five years! Right. OK. WTF?

[dougy1] 17/8/2022 12:50

I see after the past few days that some people on this thread refuse to change, refuse to open their minds and refuse to admit they were wrong/ignorant. Some people are a lost cause in that regard.Thank goodness for the filter option.Onwards and upwards for those among us who have done their research, have kept their cool and have filtered out the trolls. I think the next 18 months will we serious money to be made here.

[soultrading] 17/8/2022 11:28

Very positive interview, could easily bag from here

[purchaseatthetop] 17/8/2022 11:09

I see a new Zak Mir Traders Cafe podcast and interview is out there exciting the believers. Zak Mir is a paid for Chanel for propaganda and the surest sign that pumping is the plan. Be very careful.