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Immotion is more likely to be taken over by a family entertainment company in due course. There are competitors out there but this is a huge market. Immotion though have done well with the quality of the companies and aquariums/zoos they have linked up with. So all bodes well for a takeover in due course.

Daily chart finished with a doji after the recent continued drop and SP has met support. May prove to be an indicator that the drop has finished and the SP will bounce off both support and upward trendline.

Excerpt from Valuethemarkets article in April emphasises what UPL has and now can work on now they have the licence.

23 APR 2019 | Stuart Langelaan

In a corporate update on Tuesday, Upland Resources (LSE:UPL) revealed it has received a number of unsolicited approaches for farm-ins regarding the Saouaf Licence. The company was formally awarded the onshore license in December last year, and Upland said it sees this early interest from oil companies as ‘further validation of the potential of its new asset’.
The Saouaf Licence, located in northern Tunisia, contains thirteen identified prospects and leads, and is estimated to hold recoverable resources of around 2 trillion cubic feet (TCF) of gas. The license also includes the existing Dekrila discovery and Bou Dabbous Flower structure which are estimated to contain 227 billion cubic feet (BCF) and 813 BCF of recoverable resource respectively. The Dekrila discovery was made in 1955 before any gas infrastructure was in place to utilize the resource. Today there are a number of gas pipelines in the vicinity including the large diameter Transmed pipeline.
Potential oil resources are also in play. The license area includes the SNJ prospect, where the SNJ-1 well demonstrated good oil shows. The area remains largely untested but its estimated SNJ could contain recoverable resources in the region of 42 million barrels of oil (MMbbl).
Upland will work on the license with ETAP the Tunisian state oil company in a 50:50 joint venture. As part of the deal, Upland will front all exploration and appraisal costs with ETAP reserving the right to take up to a 50pc interest. Over an initial two-year license period, Upland will conduct exploration work including the acquisition of new 2D seismic and reprocessing of existing data.

Immotion is getting to that break-even EBITDA point really quickly now and with CEO Martin Higginson saying that there are a number of deals in the pipeline and also that they are getting many more interested potential partners, I can see the company reaching that break-even point well before the end of the year.

As Martin says once they reach that point, most of the revenue shares will go to the bottom line. So for 2020, I can envisage a decent profit for the company and today’s SP will have seemed so cheap. Cash flow is of course important and once we have the half year results, we will see better whether cash flow is running fast enough to fund the expansion without any fund-raising.

Another great deal announced this morning. https://www.investegate.co.uk/immotion-group-plc--immo-/rns/vr-installation-at-the-o2/201906270700085707D/

Revenue share from O2 set-up with over 9 million visitors a year! Multi-million revenue can be expected. Major achievement.

Last time I held this share at this price was back in 2018 prior to CH leaving and before both Tencent deal and becoming both profitable and cash flow positive. Can’t believe that the SP is at this level. Looks like a great. Time to buy with Woodford now largely out.

Calculating the share of revenue that may be produced for Immotion from the deal with the John G Shedd Aquarium, I am looking for perhaps £2m + from the 1.9m visitors annually.

Another piece of excellent news this morning. https://www.investegate.co.uk/immotion-group-plc--immo-/rns/vr-installation-into-leading-us-aquarium/201906240700111108D/ This is one of the top ten aquariums in the world and with high level of footfall the John G. Shedd aquarium should provide a healthy revenue for the company.

Good to see investors buying again with so much to look forward to.

We have the CGI experiences for the Blue Ocean series to be released shortly, the new business manager must be settled in now and exploring new opportunities in Europe and the Middle East.

We then have the strong possibility of further additions to the SeaLife Centre VR experiences throughout the world.

https://www.investegate.co.uk/verditek-plc--vdtk-/rns/graphene-integrated-pv-cell---new-jdp/201906180700055230C/ Potential game changer

Here’s hoping for a Blocklive-buster of an RNS in the near future.

Swimming with Sharks' filmed in the Bahamas, will be released shortly and 2 more subsea CGI experiences are also planned to be loaded on to cinematic pods this month.

ImmotionVR has experienced very encouraging early trading across all the aquatic centres in which it has pods now, in Germany, the US and Australia. Add to that the current addition of pods in 2 zoos in the US.

The creative team are keeping very busy bringing new experiences to VR and now that the company is licensing their creative output, they have a number of avenues to produce profit.

Always creating new VR experiences and adding new venues, Immotion's expansion continues.

I highlight from parislse's linked article

“Our concession model offers a compelling and flexible opportunity for high traffic ‘edutainment’ destinations, such as aquariums, zoos and science centres. We believe this is a global opportunity and will be putting considerable focus into growing the installed base and developing our offering over the coming months.”

The company's recently appointed new business development manager is certainly going to be a very busy man.
Tom, who is the Founder of Rush VR in Milton Keynes, will be responsible for spearheading the implementation of Immotion’s ‘Blue Ocean Series’ into aquariums, Merlin SeaLife Centres and other attractions in Europe, the Middle East and Africa.

CEO of Immotion, Martin Higginson said, “Tom’s experience and knowledge of the virtual reality industry is an invaluable resource and we are very pleased that he has joined us at such an exciting time.”

The Blue Ocean Series features Immotion’s newest release, Swimming with Humpbacks, which is available across all ImmotionVR stores. The Blue Ocean Series combines education and entertainment to create an all-round underwater adventure. Swimming with Humpbacks is a world-first for VR, allowing visitors to witness mother and calf bonding along with the intimate details of the lives of these giants of the deep.

Higginson added, “With recent successes with US-based aquariums, Tom will be creating further partnerships across Europe and the Middle East, bringing our ‘edutainment’ immersive Blue Ocean Series to new audiences and new regions.”

Good news parislse Immotion continuing to spread its wings with further additions in Abu Dhabi and Saudi Arabia. Great place to expand - don’t think we have to worry about consumers not having enough money out there!

There is an appetite for Immotion's VR creations in aquariums and zoos and of course a multitude of them out there. Pleased to hear that they are well on in adding to the 'Blue Ocean' series giving aquariums in particular a number of VR experiences to provide and add to the experience of visitor.

The appointment of the new business development director Tom Hamilton is a real plus. Tom, who is the Founder of Rush VR in Milton Keynes, will be responsible for spearheading the implementation of Immotion’s ‘Blue Ocean Series’ into aquariums, Merlin SeaLife Centres and other attractions in Europe, the Middle East and Africa.

Good day as investors follow the money.

Two big buys today of 250k and 275k shares, eating up the 800,000 sold Friday afternoon.

The news that Immotion had signed a deal with iP2Entertainment was very good news as it produces revenue at very little cost, which will help the bottom line.

Been looking at iP2Entertainment and am impressed by their work to date.

iP2 has worked with some of the biggest brands in the world like Disney, MARVEL, Paramount, SeaWorld, Merlin Entertainment, Warner Bros. Universal, Six Flags and others and has a track record of creating world class, blockbuster attractions, brands and entertainment.

iP2 delivers unique, interactive, deeply immersive experiential entertainment with an educational underlay, targeted at leading retail centres and high traffic locations around the world.

Great partner to have. Note the Merlin connection which Immotion already have. There could be an opportunity to have Immotion VR experiences in the Parks that Disney etc have, even building the experiences into their rides, whether physically or using Immotion's creative input.

Jabberba, yes the VR and Edutainment markets are competitive, but seems to me that Immotion have made the right contacts with Merlin, Al Hokair and Leke and now iP2Entertainment and will be able to expand whether by pods or by licensing content, without competition hurting them.

It is still a growing market with huge potential for those companies with the experience of our CEO and his creative team to exploit.

Sharing revenue is the best way IMHO to join in the success. Both gain, which I am sure you will agree is a necessary incentive. It is certainly not a small market.

Another good day for IMMOtion, having consolidated yesterday. Some good buying with buys over £100K in total. IMHO it will pay investors to hold this share as it's business is expanding quickly and probably approaching profitability with the Board's cost controls in place.

Was pleased to first buy in not much above the bottom and have added since. Those who took place in the IPO will surely not have to wait too long before they have recovered their paper loss.