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Re: nelson1234 post# 112589

Monday, 04/29/2024 8:30:59 AM

Monday, April 29, 2024 8:30:59 AM

Post# of 113148
I'm surprised you haven't looked at IMMR before, in all your years of trading. Or run into the Singers.

IMMR licenses their haptic technology to various companies. And when they don't license it, IMMR takes them to court ha.

IMMR has an awesome balance sheet and the stock is cheap. I still think the stock is worth some kind of scalp into the Q1 report in a couple weeks. As they should recognize the $17.5M they recently won from Meta. Going to give a big 1-time boost to Q1 earnings.

As for the Singers, I watched them run EVOL into the ground. Think they were in charge of SEAC when that one collapsed. Sure there were others. I thought they were doing ok with IMMR. Started buying back stock, paying a dividend, etc. But then there's this funky filing from 4/16/24 that RNsidersbuying mentioned-

https://www.sec.gov/ix?doc=/Archives/edgar/data/1058811/000121390024033529/immr-20240416.htm

What are they thinking here?? Getting involved with nearly bankrupt BNED? Seems like a great way to throw some money away imo

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