History
11 July 2014
Suspension of Pentagon Protection as it went into a CVA process, in order to realise value for the existing AIM listing status of the business.

In order to recapitalise the Company and to provide funding for the CVA and working capital, Peterhouse conditionally raised £611,600 at 1.30p per Subscription Share, through the Subscription of 47,046,148 new Ordinary Shares.

18/07/2014
Restoration of listing and change of name to Yolo Leisure and Technology
YOLO Leisure and Technology aims to focus on opportunities in the travel, technology and leisure sectors.

17/12/2014
Company acquires 1,764,705 shares in Gfinity representing 2.27 per cent. of the issued share capital for £300.000
www.yoloplc.com
major shareholder ..... on post 3

Well if this is true to form somebody thinks they know something. News tomorrow?

re - News tomorrow

False Alarm

I heard sirens in my head
From the first time that we met
Thought it was a false alarm
Yeah, we started as a spark
Didn't think we'd come this far
But here we are, oh.......

Finally the news are out...... and is a placing @ 1p

£2.5 million new equity placing
Investment in Magic Media Works

YOLO has successfully raised £2.5 million (before expenses) through an oversubscribed placing ("Placing") of 250,000,000 new ordinary shares of 1p each with new and existing investors at an issue price of 1p per share ("Placing Shares"). Under the Placing, each Placee will also receive one warrant for every five Placing Shares subscribed for as part of the Placing, exercisable at 1.3p per share ("Warrants").

In addition, the Company will invest approximately £1.4 million in Magic Media Works Limited ("Magic Works") through secured convertible loan notes ("Loan Notes"). Magic Works has developed the Electric Jukebox ("Electric Jukebox"), a premium ad-free music streaming service and associated player. The remainder of the funds raised will be used to provide the Company with additional funds for working capital and investments.

Magic Works has developed a number of subscription-free music streaming products and services which allow users to access ad-free music content without the requirement for account registration, passwords, software downloads or pairing of third party streaming devices.

Magic Works has entered into licensing agreements with the world's major record labels, including Universal Music Group, Sony Music Group and Warner Music Group and major independents including Merlin Music and also the major music publishers, allowing users to access millions of albums and over 29 million music tracks ad-free. Streamed music content is accessed via Electric Jukebox, a proprietary streaming device developed by Magic Works. With a typical set-up time of less than two minutes and a potential addressable consumer market of some 800 million users worldwide (Source IFPI), Magic Works is currently the world's only dedicated music streaming developer of consumer music streaming players and services that provide on-demand ad-free access to a wide ranging music catalogue without the need for either a user account, application download or a monthly subscription.

Magic Works has signed up a number of celebrities to assist in marketing Electric Jukebox, including Robbie Williams and his wife Ayda Field, Stephen Fry, Sheryl Crow and Alesha Dixon, all of whom have equity interests in the business. It is intended that the Magic Works streaming products and services will initially be launched in the UK this month extending to the U.S. and Continental Europe during 2017.

The Loan Notes shall bear an interest rate of 10% per annum from 1 March 2017 and are secured by a first ranking debenture over the assets of Magic Works. The Loan Notes are convertible into approximately 41.2% of the ordinary share capital of Magic Works on a fully diluted basis. The conversion rights attaching to the Loan Notes expire on 31 December 2018.

Simon Robinson, CEO of YOLO said: "The oversubscribed fundraise of £2.5 million demonstrates the support and confidence of existing shareholders in this transaction, including Nigel Wray, and new institutional investors. The capital raised will enable Magic Works to launch Electric Jukebox in the UK and accelerate their strategic expansion into new territories and markets. The fundraise also significantly strengthens YOLO's balance sheet."

Rob Lewis, Founder and CEO of Magic Media Works said: "This latest funding secured with YOLO gives Magic Works the opportunity to bring its range of fun and easy to use Electric Jukebox products to music consumers around the world. We have the opportunity to grow the market dramatically as we introduce new audiences to music streaming in the home and open up new markets internationally. Magic Works looks forward to bringing music streaming back into people's homes and lives with Electric Jukebox."

EO Talks to VoxMarkets and Valuethemarket

Simon Robinson, CEO of Yolo Leisure and Technology #YOLO talks about yesterday’s fundraise and investment in Electric Jukebox.

YOLO Leisure and Technology plc aims to focus on opportunities in the travel, technology and leisure sectors. To date they have 4 investments: Simplestream / TVPlayer, audioBoom, Gfinity and Electric Jukebox.

Http://www.valuethemarkets.com/index.php/2016/11/07/yolo-leisure/

Http://linkis.com/www.voxmarkets.co.uk/bWsRz

The stock is on the move up after some very large volume during the last week

spread 1.30 v 1.40p
Level 2 of 4 v 1

edit now 1.35 bid
-------
There is only one blue and one red left. Black ones sold out. 4.2 rating out of 5. Most excellent. And this is pretty most of the publicity.

Why do I get involved with shares like this?

Electric Jukebox looks a nice bit of kit if a little expensive. Good reviews on Amazon and sold out last time I looked.

Celeb-backed music TV phallus Electric Jukebox finally ready for launch

8 Nov 2016 at 15:02, Andrew Orlowski
Over a year after it was first announced, the UK music startup described as "the most ridiculous digital music launch in history" will finally be available to punters tomorrow.

Electric Jukebox bundles music with a £169 remote control and a dongle, so you can play tunes on your TV. After that, it's £52 a year, and the company says Argos and Selfridges will be trying to shift the units. The remote control has voice search, and the dongle goes into your TV's HDMI port.

This makes Electric Jukebox ideal for people who have a modern TV with decent speakers, but don't have a smartphone or a tablet. Unfortunately, the intersection of this Venn diagram ("Expensive_TV ∩ No_Smartphone") may in reality be smaller than the backers hope. Started by Rob Lewis, who also founded Silicon.com, Omnifone and Rara, Electric Jukebox has raised £7m and is reportedly seeking an AIM listing....



http://www.theregister.co.uk/2016/11/08/electric_jukebox_launch/

spread 1.35 v 1.40p

Ready to go higher again as the bid side at 1.35p has improve one after another and now is 3 v 1

volume of 9.2M already though there is some roll overs the last one 700K

Electric Jukebox - Demonstrated at BAFTA with Alesha Dixon

https://www.youtube.com/watch?v=ucAtsWyo12c&sns=tw

Amazon have now run out of stock, that was earlier this morning

Spread 1.40 v 1.45p +0.20 (+16.33%)

Peel Hunt keep the slow movement and stays all the time on the offer, the others all go to the bid side

a 3M buy got them all on the go a bit earlier

After the small profit taking, the buys are back on improving Level 2 again and small spread. 1.40 v 1.45p

a large Buy delayed just reported over 1M

11:14:25
1.4317p
1,050,000

WINS has finished with the cheap shares

The MMs who went down on the offer at 9.22am, has slowly move the offer higher and just now look like has finished the cheap stock as it has gone with the others at 1.50p offer

1.50p +0.10p

a really large volume 38M and rising as delayed trades is the norm
--------------
from TECH CITY NEWS

Electric Jukebox closed a £1.5m Series A round, bringing the total raised to date to £7m. The startup drew support from a long list of investors including David Munns CBE, a former worldwide vice-chairman of EMI.

This is getting attention due to a number of reasons:

1) A product that is actually on the shelf in numerous retailers and online. Unlike many other companies still stuck in planning, design or development. Or just don't have anything
2) Funded with income generation.
3) Celebrity endorsements, silly to some but to others an important influence on purchasing decisions.
4) Marketing machine. From what has been done so far very impressive.
5) 42% ownership of electric jukebox
6) More products to come
---------------
podcast today: Simon Robinson, CEO
Https://audioboom.com/posts/5258616-632-yolo-leisure-and-technology-yolo-cloudtag-ctag-and-doc-holiday
-------------
company valuation
YOLO's other investments:
The TVPlayer and Simplestream businesses are both currently worth c£25m meaning YOLO's 5% stakes are worth £2.5m,
Gfinity and AudioBoom stakes worth a combined further £0.5m,
plus cash of c.£1m brings total to £4m.
Add in the £1.4m in Electric Jukebox takes total to £5.4m or 1.2p.
shares are strongly underpinned at 1.2p."

The ones who took the placing are now reporting the increase
Date of the transaction 8 November 2016

Yesterday
NIGEL WRAY
from 50,100,000 to 100,100,000 or 22.0 %

today
James Robert Healey
from "0" to 20M or 4%

A few buys this morning with no sells and as the last trade was paying premium 1.28p when offer was 1.25p the next trade was crucial at 1.29p was enough for the only MM move to 1.30p offer

spread 1.25 v 1.30p
4 v 1

The marked down to 1.25p offer again did not last as a few buys got the MM moving up again but now much higher on the offer 1.35p

1.125p ( 1.10/1.15p )

Steady buying all morning as it had reached bottom last Friday and had recovered from the lows.

Well supported on the bid side now 2 v 1 on a narrow spread

Advertising campaign getting going

Http://www.qvcuk.com/The-Electric-Jukebox-Plug-%26-Play-Music-Streaming-Remote-Control.product.507813.html?sc=507813-24HR