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MultiMetaVerse Holdings Limited V.MMV


Primary Symbol: MMV

MultiMetaVerse Holdings Limited is a holding company principally engaged in the animation and entertainment industry. The Company conducts its business primarily through subsidiaries, including Shanghai Mi Ting Culture and Creative Co Ltd and its subsidiaries Shanghai Ling Xu Technology and Beijing Mi Ting Technology Co Ltd. The Company primarily develops and publishes animations, mobile games, and other contents offerings such as anime merchandise, and also provides animation production services to other animation and gaming companies.


NDAQ:MMV - Post by User

Comment by flash338on Mar 01, 2020 12:09pm
137 Views
Post# 30752900

RE:RE:MD & A

RE:RE:MD & AThere's some pro's and con's. I didn't see enough information to figure out how much they are spending to drill. They showed exploration expenses but there's surely other things included such as the geophysics. It would be nice to have an idea how much they need to keep the drills turning. They are spending quit a lot for the meters drilled as far as I can tell. On the pluss side, I didn't see any salaries paid to execs. I could have missed it but it looks like compensation is share based. Sometimes you see some ridiculous pay for companies looking money. On the potentially con side there is a fair amount being paid to directors for consulting. I'm not sure what we get for that money. It could be completely legitimate but directors paying out money to themselves can be questionable. In the grand scheme of things though, it's not that much. One thing I noticed though is some discrepancies with the money they brought in from the private placement. It might show up in a previous MD&A. Probably nothing but it would take some research to figure out
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