Minds + Machines Group - Re: MMX Stream Log - Sp not yet. I have...

Sp not yet. I have been following this discussion now for 18 months or so, I'm in with 1m + and am just better than even. Thanks for all the comments, it's a new market and the MMX business model is far from standard, without you guys I would have been out in frustration ages ago. I believe MMX will be a winner, the question is when? Obviously no one knows. All the positive news post Freddy is great and part a necessary part of the journey but I do not believe it will shift the sp much at all. Setting aside the failed auction payments MMX has never shown a profit based on sales and controlled costs, AVC has indicated MMX are working toward showing a trading profit in 2016. Success here is all about sales, we need to show a significant trading profit together with a sales forecast that doubles sales in the year going forward, this will be a signal to the market and represent a significant investor opportunity, then we can all take the sp ride we want. So this is not going to be for 18 months before it starts imv. My guess is that as the sp rises to circa 24p one of the big fish will fancy a bit of TLD real estate and the only way to get it will be to buyout a company like MMX, this may take the sp to circa 35p before conversion. So for me it's a wait, but I think it will work out well, watch the sales, that's where the story is.