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Yeah, I know. I'm the bad guy.
VNUE over the past 3 years has produced nothing! It has created nothing! Every promise that has been proposed has not come to fruition. 450 units, Radio Sndstr contracts, roll out, OTCQB, Nasdaq, funding, promises, promises, promises. Nothing nothing nothing.
Now even the Q's show the lies. Still people defend.
The stock has diluted and the price has fallen from 4 cents to half a cent. People have lost hundreds of thousands of dollars.
But people still fall for it. Marathon. Yup.......
But I'm the bad guy. Gotcha. Am I making 170,000 dollars to fool investors and fleece them?
They say you can't rape the willing. Why are so many people willing to be raped?
You've had a lot of deliberate and well thought out skepticism in the past Red, and I've appreciated that. Need that balance. But you're starting to sound like someone else that's on here...
Don't think saying the numbers are good and getting better is backtracking. He's been saying that it's a marathon not a sprint all along. Anyone with knowledge of the situation already knew stageit's debt was going to be included in Q1. You can go look and see that he stated "Stageit would be break even once they hit their groove."
Glass half empty Ihub again.
Be strong everyone. Been awhile. I’m gigging a lot so I haven’t been here. Now that everything is dropping, producers are keeping me busy. Strong and not giving up!
Crow, loved your posts.
Then why is our gallant CEO backpedaling and making excuses for our "voodoo numbers"
https://stocktwits.com/symbol/VNUE
Stageit wasn't included until the quarter was almost over genius. I thought you were at least following along.
Where are all these revenues that the CEO and all the board posters are talking about? I keep hearing about how this stock is going to take over the world. Our CEO makes 170,000 per year. How can we afford that?
Here is what we have going on here:
"In the three months ended March 31, 2022, we had revenue of $41,670 compared to $2,261 for the three months ended March 31, 2021, representing an increase of $39,409. The increase in revenue is primarily attributable to the inclusion of Stage It revenues in the three months ended March 31, 2022 compared to zero during the same period ended March 31, 2021."
Um, 41 grand. Doesn't sound "Disruptive" if you ask me. It's disrupting my account balance that's for sure.
Didn't we hear in the millions? Hmm. Seems to be a contradiction. Someone is lying. It isn't me.
Right!!! Then they can take a shot. Big shot of VNUE and chase it with Soundstr, Stageit, setfm, and disclive.
Just tell them to pour it into a smaller glass and stop bitching.
Not sure why this bothers people. Oh wait...glass half empty Ihub. Got it
(excerpt): "$VNUE has built the cornerstone technology for a new music administration service for the industry. With the Soundstr MDM offering, we can deliver value to a cross section of clients including venue owners using music, music industry professionals looking to understand both feature and live music usage in bricks and mortar locations, and a cross section of music rights holders and rights administration organizations."
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
It doesn't get any better than that!
CHEERS!
Deanna
Surprise! Zach could not finish counting the money on time https://sec.report/Document/0001829126-22-011035/
If that Soundstr goes out like originally planned this might make the Nasdaq some day. For now I’d like to see our four cents back.
agree, pathway ahead including to large scale commercialization of Soundstr
170,000 dollars. He gets paid well for what he does. What is that again?...........
Oh, boo hoo....toughen up buttercup!
Never liked this guy Zach….he’s a dreamer and believer but not a CEO!He communicates like he’s your best friend and he looooves us SH sooooo much!He is full of it and the last pic him sitting on a planes looked like he is fleeing the country!He would have been fired at any other company for not delivering on promisses.Well to late to get out but honestly paying himself 70k a year for posting stupid pics laughing with his B Artist…and ads looking for electrician or plumber for one of the RHL ….anyway maybe he ll surprises us but honestly do not believe it.we need what a 500 % gain to be back at a measles 0.04 ?Oh but yeah he s gonna list VNUE on Nasdaq.I rest my case! Just gonna forget about it and see what happens.He is a ??
It would help if we just got a this is what we are working on this week. If we got one of those every week or two the confidence would go back up. Right now we are taking a beating with the rest of the market and we shouldn’t be.
Seems Zach really loves us and cares about shareholder value.
News has been very slow lately. It’s killing our shares. Should be something good coming up shortly.
WOW. These guys are professional. Websites are active, social media is updated and active. And the group of artist they have....WOW:
https://www.nugs.net/browse-artists/
Very active, very professional. VERY impressive.
So how does VNUE respond? Let's look........
And now for Stageit:
https://www.stageit.com/
They did manage a tweet in April. Congrats
https://twitter.com/stageit/
Stageit updates in January:
https://www.facebook.com/StageIt/
Disclive:
Updated 2019:
https://twitter.com/disclivenetwork
Disclive Facebook? Why bother:
https://www.facebook.com/disclive
VNUE crappy website:
http://www.vnue.com/#home-1
At least VNUE's social media is updated sort of regularly.
From an investor perspective, this looks unimpressive to me. And from a potential client it is borderline embarrassing. How much does this Zach guy make a year again? For what exactly?
$VNUE
next two days on Stageit there are 11 shows. It’s booked every day!!!
he did say recently he plans to do a video, so maybe in that he will give some much needed clarity to his plans for Soundstr.
FWIW here's what I emailed two weeks ago:
Hi Zach,
Thanks for the FB update yesterday. Was good to see.
I'm very pleased with much of the progress that you pointed out, and I've posted about that progress. However, I've been a long term holder and trader of the stock and the most frustrating thing for me has been not the lack of commercialization of Soundstr, but your silence about it.
In early Q4 of 2020 you said to expect initial rollouts of Soundstr to radio stations to begin in Q4. You posted a video of the 400+ units being opened. You said it was a 'no brainer' that stations would be willing to pay for the units after their initial trial period.
The clear implication was that you expected commercialization to begin nearly immediately -- that the beta testing was almost like a formality after years of preparation and the (then) recent alpha testing, and that the millions of dollars from thousands of units would soon be rolling in. That's the reason the stock price went nuts.
When it didn't happen that way, the price dropped but many held on to the belief that it was because financing to distribute was missing ----but that the units were ready to go with no further development necessary.
Here we are nearly a year after financing and no commercialization, and you haven't explained why it didn't happen as expected. This is especially frustrating because YOU raised those expectations. I and other shareholders feel misled. What other reason(s) are there? Well, there may be some that are very reasonable but when they aren't given - even in a generic way if you don't want to reveal too mch, that doesn't set well. I've reached out to one of the station participants and throughout nearly the entire time since Q4 he's reported to me that he really doesn't know what is going on with Soundstr either. That of course has added to the frustration because the appearance is completely at odds with what you had said.
I know things from your perspective probably look completely different. But if you're baffled as to why the share price has tumbled so much -- this is why. If you truly love shareholders -- please do us a favor and tell us what happened, and what happens when timeliness are missed. If you feel like we don't need to know and there is plenty of reason to trust you (ie your background, devotion to music, etc.), I would agree but at the same time investors in the OTC have been burned by dishonorable CEO's so many times that we are a distrusting bunch - and silence after raised expectations aren't met is one of the biggest triggers for feeling like it's happening again.
Yeah, I agree that now is the time for a clearer plan. And frankly there's no reason to not. I can't see how that will break any SEC regulations. He has been outspoken on how he won't put out fluff tho. I'm good with that, but an Twitter or Facebook update on progress isn't fluff
I can't disagree with your points - very logical and reasonable. I posted that I have 'almost' given up - so not entirely. But I tend to move on when there is not clear guidance as I think is the case here now on Soundstr. I really have no clue anymore if management expects to place those 450 units this year or not. Although removing the large unit placement/cost language from the 10k seems to be a pretty big clue. Expectations for gradual slow placement isn't what made the stock price go nuts, and it isn't what gets me excited about a stock.
Regarding integrating everything -- it only adds to potential delays because even though that might be the best/desired solution, it also will invite more problems. If they had unexpected problems with radio stations alone, how many problems will they have with trying to be all things to all people and not just the radio stations?
Not quite sure why you're giving up on soundstr. You do note delays from previous promises and I get that. But logically to me, it needed some upgrades which happened. Maybe not necessarily only the recognition part but software/hardware improvements so it can work with the engineering of radio stations. And like I said previously, and I know engineers as I work in TV, they aren't jumping to install stuff that causes problems.
Not sure if you read the Facebook post, but sounded to me like Zach is far from giving up, actually quite the opposite as he's trying to integrate everything.
There's just a long battle here and the hardest will be legislation in my opinion. Radio and live venues will need to be required to install this equipment.
On the positive side it's clear VNUE is re-making Stageit into a more profitable organization, as well as making a strong push to build it back to be stronger and have more artists, based on public comments from Zach, and a section in the 10k. Sounds great and I am looking forward to announcements in the coming months.
On the less positive side (for me) it's been 2 weeks since I sent a polite email requesting an explanation for why Soundstr never went commercial in Q4 of 2020 as we all had expected based on management messaging. I really didn't expect a response because if he wanted to tell us he would have already by now. But I did want him to be aware that at least some of us feel we should have been told. And if the detail can't be given surely something generic can be. SEC disclosure rules can't be violated of course so I wouldn't expect a response personally on that, but one could be given publicly.
With 1 1/2 years of silence on that matter we have no idea if Soundstr will go commercial this year or even next anymore! And I don't mean a few venues. I means hundreds if not thousands of radio stations - that was the plan but something happened and Zach's not going to give it up..
So, I've almost given up on Soundstr, but not totally, and am still hanging around to see what they come up with on Stageit.
That will never happen. Zach said he loved the shareholders and then posted a video of a live concert. He cares......
Dilution incoming.
Agree, can definitely see some larger fish want it
I still believe the big payoff will come from VNUE's technology.
Soundstr setup at live venue. For the naysayers that don't believe things are getting done.
" #soundstr up and running at a live music venue. We have been successful in identifying most live music as well as recorded music. You will see a lot more of this in the coming weeks."
https://www.facebook.com/1639228546305851/posts/3238909149671108/
Lol...someone just asked why they upgraded their hardware/software. Dammmit why did you make it better Zach?!?!!!!
This is part of Zach’s post. Maybe this is why he hasn’t answered some of y’all’s questions.
From our CEO :
VNUE shareholders... I LOVE you guys - truly I do ?? - and I appreciate your love of this company and exuberant support of me and my colleagues.... and as much as I appreciate direct messages that land in my various inboxes, you know I cannot answer those due to SEC regulations. I wish I could!
I will answer the uplist issue. We had traded below .01 for a couple of weeks when we were set to uplist. The clock starts again and you have to re apply.
Can't apply now! Need to be above .01 for 30 days.
I will answer the uplist issue. We had traded below .01 for a couple of weeks when we were set to uplist. The clock starts again and you have to re apply.
Can't apply now! Need to be above .01 for 30 days.
Did you mean 1000% - 5000% decrease? Because that is where this is headed. Stock price isn't listening to you ....
Where's that OTCQB uplist you promised?
Where are the Soundstr contracts?
Where did all that funding go you were talking about?
Why are we just above half a cent?
Why did they come out with Soundstr 2.0? What happened to the failure known as Soundstr 1.0?
Where is that Nasdaq?
Where are all the promised profits? Seems we were told one thing and received another.
But at least we have an owner than makes 170,000 dollars per year and says he loves us while he dilutes us to 2 billion shares OS.
Every news release and we go lower.
Now we have people pasting random Reddit posts by God knows who to try to impress us. Just a random Reddit post. LOL Nice DD.
Have any concern?
EMAIL TO $VNUE & ZAC.
#commonsense 101
In stock markets,
The story never ends like you think.
It's a marathon, not a sprint $Vnue.
DD will prevail.
They definitely improved matters, so it's a good thing, but these aren't operational profits generated from revenues. They had a negative cash flow of $1.4m from operations in 2021. That's something I look at to help me see what is really going on. Revenue will make the difference here, and I was glad to see Zach say Stageit should operate around breakeven or better soon. That's another positive.
On another note I've reached out to Zach about Soundstr and what the reason is for the lack of commercialization and await his reply.
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Moderators waterchaser AlwaysRed MrPuff |
As of September 26, 2023 • 2:41 PM ET
As of September 26, 2023 • 2:41 PM ET
DATE/TIME | SOURCE | NEWS RELEASE |
---|---|---|
05/22/2023 09:35 AM EDT | SeekingAlpha | VNUE GAAP EPS of $0.00, revenue of $389.9M |
08/22/2022 09:52 AM EDT | SeekingAlpha | VNUE reports 1H results |
04/18/2022 09:46 AM EDT | SeekingAlpha | VNUE reports FY results |
05/05/2021 09:49 AM EDT | SeekingAlpha | Triton Funds will invest upto $2M in VNUE |
03/19/2021 01:11 PM EDT | SeekingAlpha | VNUE renews license With DiscLive Network |
01/25/2021 03:56 PM EST | SeekingAlpha | VNUE receives equity interest in RockHouse Live |
01/14/2021 01:41 PM EST | SeekingAlpha | VNUE inks Soundstr deal with NEWHD Media |
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