the company is lost and will not find its way until it fires the clueless Viegas and puts in a real CEO who has not only tech experience but one who knows how to promote the technology and how to properly monetize it, what we don't need is some third rate accountant running the company, Viegas has been a disaster from day one
to say that IMMR is a "laggard" is being generous, it is a disaster, to say that it is a laggard implies that it actually could improve, with Viegas as CEO of this company we are doomed
so why does the share price decline (and I might add regularly anywhere form 2 to 3% ) on no apparently bad news, it is because the bad news is built into the company, it is structural in the form of the pathetic CEO Viegas, a clown who could not even manage to run a taco truck and because we have a non-existent Board, do nothing, know nothing Board.
and that's the bottom line on this company, the bottom line on a pathetic CEO who cannot make the bottom line from quarter to quarter, the only numbers this clown is interested in each year is his compensation package
and you ask what's the bad news that this is down over 3%, the bad news, and the unfortunate bad news is that Viegas is still CEO
and why will it be down that much, simply because it is a pathetic POS and why is that, because this company is run by a pathetically incompetent moron. It is not down because it is a down day in the markets, it goes down on great market days, that is especially when it goes down the most. No one has any confidence in Viegas' ability to run this company.
that's because the company is run by a moron who hasn't a clue what to do with the technology, how to market it, sell it, monetize it, improve it, a pathetic clown who makes pathetic deals with the companies that have adopted haptic technology, Viegas gives away the technology practically for free. But he's an accountant after all, and a third rate one at that.
thanks Viegas, you're pathetic
and what was the rationale for making this announcement on a Friday afternoon after the market had closed, they knew this news would not go down well with the shareholders, yet another egregious example of the company looking after itself and not giving a fig about the shareholders, Viegas doesn't need a bigger office
oh yea, and do you think the share price as Viegas would say, is "attractively priced" attractively priced for what, to lose even more money on this pathetic POS
done wonders for the share price hasn't it, down 40%, and you forget that they have issued more options to the new Board member and not counting the options they will soon be issuing to themselves to make up for the lower share price, you forget this company is all about the insiders, it's not about the responsibility they have towards their shareholders, as a matter of fact all they've done is screwed their shareholders time and time again, get real.
and where do you get the idea that there are 1 or 2 OEM partnerships likely, if it's from what Viegas has said you know as well as I do that you can't trust anything that comes out of this clown's mouth, you've been around here as long as I have to know that's the case.
what do you want to bet Viegas fails again, (I will say it is even guaranteed he will fail) look, the guy simply doesn't have what it takes to run the company, he is a third rate accountant, he went to business school at Santa Clara, not only is this not Harvard this is not even in the top 100 business schools, he is a pathetic moron, the only way this company will succeed is to get rid of Viegas and bring in someone with experience of running a tech company, Viegas has had way more than enough time to prove himself and he's a miserable failure. He just might be able to manage a taco stand. Our problem of course is that the Board is composed of Viegas' crony friends all enjoying the gravy train and they will not fire him so in essence we're doomed. I just don't see how this will turn around with Viegas as CEO.
just watch out on level II, happens very time. Sellers are lined up to take advantage of even the slightest share price increase, since there is no catalyst on the horizon to boost the share price we are doomed to go nowhere, come to think of it, when was the last time IMMR even made a significant announcement, certainly not the pathetic announcement concerning mobile ads or the fact that they are now in alliance with SomaTone, a garage setup run, of all things, by an employee of this company, wow Viegas is that the best you can do? The company is just limping along and even worse Viegas is such a bad negotiator they are making minimal revenues from their license deals. Moreover, who cares if other companies infringe on the IMMR patents, this company is so weak and inefficient and pathetic that other companies have nothing to fear.
wasting money on a new building, wasting money on lavish executive bonuses and granting stock options for failure, a CEO that is a complete disaster, a CEO who gives away the technology, a CEO who misses the numbers every single quarter, a Board who seems oblivious to the problems at this company, a company that has no clue how to run their business, what a disaster, they have been in business 20 years and still haven't a clue how to effectively monetize their technology, hey stupid, it's not the technology, it's the moronic executives