EVR Holdings (AIM: EVRH) - total bunkum or a massive investment success? We will find out soon!
A business with zero revenue and a product that is yet to formally launch has a market capitalisation of £208m. No, this isn’t some early stage pharmaceutical business with a potential blockbuster drug but a Virtual Reality group. Read on for this tale of immense investment…..hope!
The EVR Holdings (AIM:EVRH) web site has relatively little information on this business, as quite frankly there is currently very little to say about it, although the soaring share price and massive hype suggests otherwise! - A unique opportunity A Strategy page explains how the limited offering of original Virtual Reality content currently available to consumers creates a unique opportunity for MelodyVR, the Group’s core product offering. Having worked with over 500 international recording artists and musicians, MelodyVR apparently holds the world’s largest library of VR music content – that’s quite a statement! EVR Holdings intends to distribute and monetise…