Feb. 3 at 9:39 PM
$IMMR Once again:
11/3/25 - Scott Larson, representing 7.1% ownership of IMMR, issues a public statement calling for liquidation of the company at
$11/share, the transferring of BNED shares to current investors, and management returning its grossly bloated salaries for chronic underperformance. He was serious as a heart attack and threatened suit.
12/08/25 - Larson claimed Singer & Co were executing a good strategy to maximize shareholder value and were doing a fine job. He then went silent.
12/23/25 - BNED super 10-K released
12/23/25 - 3rd Nasdaq delinquency notice issued.
01/07/26 - Nasdaq compliance plan deadline passes.
Since Larson’s original missive, Singer has been awarded 300,000 IMMR shares. Martin took 6,500 shares yesterday in lieu of compensation.
Institutions currently own between 58-63% of the company.
IMMR share price remains stagnant (after having cratered 16%) since Larson’s missive.
Management has 3 working days to report financials or be delisted.
