Member Info for horsetrader2

Call me cynical , but why would family members buy ?

Uvisan which is considered de minimis and does not fit with the company's future objectives, has now been sold for consideration of £100,000 to a group of investors (including Uvisan management) that includes family members of David Marks. The participation in this transaction by David Marks' family is considered to result in a related party transaction under AIM Rule 13 of the AIM Rules for Companies due to David Marks being a director of the Company. The Directors of the Company independent of Mr Marks consider, having consulted with Cenkos Securities PLC, the Company's Nominated Adviser, that the terms of the transaction are fair and reasonable insofar as the Company's Shareholders are concerned.

Those are exactly my thoughts.
I’m very disappointed that they have sold off the main part of the business .
As you say, holders will be investing blindly from here on.
I would like to know the people behind the purchase and how the LBE was actually getting on when they decided to sell it.

I can’t see how they won’t plough through that cash quite quickly.
Considering the lBE side was the core of the business, I feel investors are left with the junk side.
Are the purchasers anything to do with anyone on the existing board at Immotion ?

It’s not impossible that they come out with some great news.

I wouldn’t say that I was over optimistic though , and it wouldn’t surprise me if they have tried to raise cash to rapidly install the standalone units across the globe.

They totally confuse me at times.

For example, they announced in a very polished way, the new format installation at Dallas .

I thought this was wonderful news.

However , If I try and find any further information about it, I can’t .

Maybe a better man than me can find something about it on the Dallas zoo website .

(My current feeling is that their self promotion appears to me to be better than their actual promotion. )

I could go on and on, but I won’t.

I’m in complete agreement.

Would hope so, but who knows ?
They have gone dreadfully quiet.

Next week will probably ;be very revealing as to the future prospects of this company.

audubonnatureinstitute.org/zoo-vr

We should shortly see if this is a viable business or not.
The historical target was 400 seats to break even .
Now they have surpassed 500 and we have just had the Christmas holidays, the next update should tell us if this business is going to work or not.
I suspect it will show it is and if so there should be a decent re rating in the next week or so.
There has a been a regular hoover up of shares for a few months now.

I wonder why they are so late with a trading update?
They seem very quick to post on Twitter and Facebook how well they are doing.

Possibly the new partner.

From the Vodiac web site.
For all trade enquires please contact our global distribution partner Wicked Vision ltd.

There is a nice big buy order lurking.

It looks like someone’s aware of a decent update looming.

It would be nice to finish the year with a decent update .

I suppose it is Monkshood.

They have historically had a habit of surprising to the upside every time everyone thinks they have given up.

Despite all the doom and gloom , I suspect a big surprise is looming and they will sneak in a very good trading update this week.
There is a massive difference between the extent of last years and this years overall offerings.
The large installations they now have at the zoos should produce a much more stable base with a decent churn of customers.

Last chance to fill your boots.

Agreed.
They do need some news and soon !
I wonderful how functional the new units are when it’s freezing or wet outside ?.
I doubt anyone would want to use them in those conditions as they don’t seem to be well protected from the weather.

Rod Findley has said that the Dallas zoo install has been performing beyond expectations.

This is great news !

With a proven product, they can now mass produce these units and roll them out in multiple locations quite rapidly.

Where /if they underperform, they can lift them out and move to new locations with the minimum of fuss.

The fact that they use it for Gorillas in the day, and a Christmas ride by night is a bonus and a great way of maximising customer uptake..

It’s not impossible that they now do another raise in order to manufacture and plonk these units in as many locations as fast as possible.

Perhaps , if the queues in Dallas are long, they can put in another unit for the duration of the Christmas Festival of Lights .

In fact if this were to occur, I think it would result in a sharp uptick in the share price.

At this moment, Immotion may well be at the crossroads of making some decent profits.

A decent trading update would obviously help.

like an advanced Eden project .
Immotion involved.

ellelholidayvillage.co.uk/virtual-experience-centre.html

Even better then Danny
Since the new additions are likely to get decent customers , they might even be managing £800k a month in revenue from lBE at the moment.
I would expect a market reaction fairly soon.