Multibagger potential

If they pull this off, IMO it will be one of the biggest multibaggers of 2016.

  The only small worry i have is getting the word out and attracting music talent and people to there platform, but with the $1 million prize   for the winner i think word will spreed very quickly and attract audience .


MSM Corporation International (ASX:MSC) – formally known as Minerals Corporation – has raised A$7 million as part of its transition into the tech space by completing an oversubscribed rights offer.

The strong investor interest in this fundraising drive is interpreted as a signal the market recognises the potential of the Megastar Millionaire platform, which MSM is planning to advance aggressively.

Earlier this year, the company moved to acquire the U.S.-based online, mobile-first, music competition software as part of a strategic pivot.
Megastar represents a social media-connected business model that intends to capitalise on the enormous popularity of talent television programs such as The Voice, American Idol and America’s Got Talent.

The software works by allowing fans to be contestants and judges in the talent competition, uploading videos to mobile devices.

In 2014, mobile games generated US$25 billion in revenues worldwide, representing a 43% increase over the prior year.

America’s Got Talent is rated as the #1 network TV show going into its 11th season this year and the American Idol franchise is conservatively valued at US$2.5 billion.


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This post has been imported from http://www.*.com.au/companies/news/65875/msm-corporation-raises-7m-in-tech-transition-65875.html

As pointed out by @Tradergirl79

Doug Barry biggest private investor in Pandora & Dion Sullivan a key guy for bet fair. The pedigree of these guys plus the unlimited blue sky of this concept this could seriously do anything!

He owns 16,546,763   % 6.020