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Still adding?
This stock makes me wish I had dementia.....
As always, good words, good logic, Pete.
I'm always glad to get an update. This one is interesting and I hope encouraging to the market. Getting the price up is necessary for less dilution (as the fixed price is likely to be lowered to market levels otherwise).
Unfortunately, regular updates are necessary to keep the stock price up in the OTC world when the execution isn't obvious. It's just the way it is as the risk is so high in penny-land that most investors simply aren't 'hold-forever' types..and they lose interest very quickly which affects the day to day stock price. If short term types are the main ones buying or selling on any given day, they control the price far more than the long termers who already have all they want. We've GOT to see execution that surprises us on the positive side.
I will say that his comments about execution and debt being responsible for the move from .0003 to .04 is unfortunately completely wrong IMO. The incredible increase in price came for one reason only:
Several Prs compelled some big traders in low-price penny stocks to pump this and pump it hard - and it worked because the Prs led many to believe that very large revenues (ie millions) were coming via thousands of radio stations going commercial with Soundstr in the coming months. One of the Prs indicated that the market was massive. Another quoted Zach as saying that commercial adoption of Soundstr by the radio stations would be a 'no brainer'.
That said, they have done some good things, which has taken a lot longer than expected. And I do agree with his comments about dilution -- the fixed price arrangement is FAR better than convertible debt. Kudo's to Zach and Jock for making that happen. But Soundstr was the original impetus and the continued lack of follow through and communication about Soundstr is the reason the price continued to decline month after months, with a few upward blips along the way.
I'm glad he has given a new update on Soundstr. Now the message is that it is highly complex and commercial adoption takes a lot of work and time. The message about slow adoption is very different than the 'no brainer' and 400 warehouse video that caused the price to go nuts a couple of years ago.. Very odd.
But it's a fiery and passionate message and he definitely comes across as sincere...it's just hard to square things overall but I'm still here because even though things seem to be taking forever -- especially with Soundstr -- I do think they are committed and surely must be making progress on a number of fronts, though the evidence is sorely lacking with regard to Soundstr.
"I hope efforts and that of my team will make your investment have a 10x or more return. " Great that then we will be us back arround .04 which lot of investors might just break even!
Zach covers this on his blog post and his uploaded video today. Not sure how I can answer that. I’m like the rest, loading, patient. Absolute confidence in Zach. I invested in a long-term hold, not a slot machine.
$VNUE The Future Looks Bright for VNUE: CEOPress Release | 06/09/2022
The Future Looks Bright for VNUE: CEO
PR Newswire
NEW YORK, June 9, 2022
Music Industry Opening Up • Soundstr • Stage It • Tours
NEW YORK, June 9, 2022 /PRNewswire/ -- VNUE Inc. (OTC "VNUE") is pleased to provide an update to its shareholders. With the concert industry slowly but surely kicking into gear after all of the Covid related closures and cancellations, VNUE, Inc's Chairman and CEO Zach Bair sees a bright future ahead for the Company.
"There is light at the end of the tunnel," said Bair. "More and more tours are being announced, and live music is definitely back. We are currently courting several tours for potential work with DiscLive (disclive.net) and for Set.fm, as well as working to leverage the Stage It platform (StageIt.com) to extend revenue opportunities for artists.
Back on the table is the Matchbox Twenty tour, which was originally slated for 2020. Now, the tour is set to go in May of 2023. And, with all of the new tours being announced (and many not yet announced), VNUE is aiming to capitalize on artists and labels who would like to recover some of the revenue lost during the pandemic, including tours in 2022.
Further, the Company has significantly streamlined Stage It since its acquisition earlier this year, implementing a leaner and more focused management team, which has lowered costs significantly and leaves the platform well positioned going forward.
The Company has also been aggressively working on our proprietary Soundstr MDM platform, which identifies live, recorded, and streaming music and its associated stakeholders such as songwriters, publishers and Performing Rights Organizations (PROs), and has initiated several early adopter programs in certain markets. This not only includes brick and mortar establishments and touring live concert bands, but extends to radio and to streaming as well. VNUE has been successful in deploying Sounsdtr for live concerts, and identifying the vast majority of music played by major and mid-level artists, which is a huge step up from the current method of artists having to submit set lists in an attempt to collect their royalties. VNUE sees this use as a huge benefit to promoters and venue owners as well as the artists themselves.
Additionally, VNUE is actively implementing methodology to capture Stage It streams to automate music identification, and to address the disparity in what is paid to PROs vs. what is actually paid to the songwriters in question. This methodology is also being presented to a variety of other streaming companies. "
Mr. Bair continued, "It was a pivotal moment for the Company with the acquisition of Stage It. We are actively exploring other potential acquisitions that are complimentary in nature to our suite of products and services and which will positively impact our bottom line and revenue growth."
About VNUE, Inc. (www.vnue.com)
VNUE, Inc., (OTC: VNUE) is a leading music technology company dedicated to further monetizing the live music experience for artists, labels, writers, and publishers, with products such as its set.fm instant content distribution platform (www.set.fm), exclusive license partner and "instant live" pioneer DiscLive (www.disclive.net), and the largest and most well-known ticketed livestreaming platform, Stage It (www.stageit.com); and protecting the rights of artists and writers with the company's groundbreaking Soundstr music recognition technology (MRT) platform (www.soundstr.com). The veteran entrepreneurs, artists and songwriters behind VNUE are passionate about the future of their industry and ensuring that rights holders' value is not lost amid always-changing technology. For more information, please visit www.vnue.com.
Safe Harbor Statement
This press release may contain forward-looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues and any payment of dividends on our common stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods and the other risks set forth in Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q as filed from time to time. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors. We have incurred and will continue to incur significant expenses in the expansion of our existing and new service lines, noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. All forward-looking statements speak only as of the date of this press release. We undertake no obligation to update any forward-looking statements or other information contained herein. Stockholders and potential investors should not place undue reliance on these forward-looking statements.
View original content:https://www.prnewswire.com/news-releases/the-future-looks-bright-for-vnue-ceo-301565281.html
SOURCE VNUE, Inc.
If you have 'dry powder' snap 'em up.
As to shareholder value, they added capital, so that remains to be seen. If they clean up the debt and get Soundstr going with it, then yes there will be value there.
Already stated in 8k as the reason for AS increase. OS over 2B. I'm not sure if they are restricted or unrestricted.
Shares of Common Stock outstanding before this offering 1,474,473,903 shares.
Shares of Common Stock outstanding after this offering 1,906,476,963 shares.
https://fintel.io/doc/sec-vnue-inc-1376804-s1a-2022-june-15-19158-647
Yikes.......
Is Zach still talking about shareholder value?
sorry for the audio text misstypes
Yep. You see here that I Collett as I see it. No games. I’m always trying to figure out what the restock is a good buy or not. The best way is to try to figure out what is true and what is not true.
Well, your source was right on VNUE. from 0.008 to 0.003 since April.
and originally a $4000 stock in 2007. Must have had some vicious dilutions.
New 52 week lows comin. What ever happened to up listing from 2 yrs ago … hummm
Patient and strong after several years here. I trust Zach. Can’t wait to see Soundstr on our corporate events!
Probable buy more
So what's your big plan if it hits "your target" of .0035?
Well looks like VNUE will hit my target of 0.0035 after this huuuuuge PR!
Yes lets Hope that 2q Numbers will be good so that by then we can go up 100% from.003 to .006….oh and of course by then we will be listed on Nasdaq as he mentioned 6 month+ ago …he must be smoking I do not know what
I didn't see any assumptions. They post an 8k to help financially and PR to update progress. I don't think their words translate to what progress is actually being made with Soundstr. Or revenue with increasing Stageit concerts. But we will see July 15th when Q2 numbers come out
Do you?It is still a fluff PR!A PR should state an accomplishment not assumptions or expectations or believes…
So you know what's going on behind th scenes with Soundstr? You don't think the books are cleaner? Go ahead if you are going to bash, do more than the BS statement rinse and repeat.
So Whats new oh yes MB20 will start Touring again…
Lol...right, nothing new. Literally alot new. Sure it'll see 0035 is people that don't know what they have just done sell. Go ahead. Make my day
Wash rince repeat!Nothing New in it and I predict we Will be .0035 area at close tomorrow.This PR is worth then staying silent!
Yes indeed!
I agree.
It's time for an update.
Where is the company going from here and how will it get there.
We need some clarity of purpose and goals and objectives and strategies.
Sure in the long run, if they can make revenue. Hopefully Soundstr can get a push here
I view this as good. Needed working capital.
Unfortunately the hits just keep on coming. AS increase by 2B
Nobody here mentioned VNUE and Power Up reached a settlement in principle?
Zach is in Mississippi playing some music. When some of that slows down maybe we can get some updates. The company isn’t just sitting there. Something’s happening!!
nothing new. I haven't reached out to anyone lately though either.
Only take right now is market doesn't give a F$xk.
So what is your take away from this?
In Series C rounds, investors inject capital into the meat of successful businesses, in an effort to receive more than double that amount back. Series C funding is focused on scaling the company, growing as quickly and as successfully as possible. One possible way to scale a company could be to acquire another company.
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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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