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ITI Immersion Tech

0.525
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Immersion Tech LSE:ITI London Ordinary Share GB00B1TYBN97
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.525 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.525 GBX

Immersion Tech (ITI) Latest News

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Date Time Title Posts
01/9/201100:17Solo Oil PLC18
12/8/200908:12THE BEST SPEAKERS IN THE WORLD1,447
30/3/200817:34IMMERSION TECHNOLOGIES...MULTIBAGGER FOR 2008..56
10/12/200707:59NXT FLAT SPEAKERS ARE FAR BETTER THAN IMMERSIONS2
05/6/200715:13ITI SPEAKERS31

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Posted at 01/9/2011 00:17 by maxm4n
RNS from reef

Reef Resources Ltd. Announces Ausable # 5 Update and Progress on Production Optimization
Date : 31/08/2011 @ 21:00
Source : MarketWire Canada
Stock : Reef Resources Ltd. (REE)
Quote : 0.12 0.0 (0.00%) @ 16:48
Quote Chart Financials Trades Level2

Reef Resources Ltd. Announces Ausable # 5 Update and Progress on Production Optimization
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NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES.

Reef Resources Ltd. (TSX VENTURE:REE) ("Reef" or the "Company") announces that
the Company plans to install a hydraulic venturi downhole pump in the Ausable #
5 well. This proven oilfield technology, replacing conventional bottomhole pumps
with venturi units, is currently being installed and tested on the Ausable #1
well. The hydraulic unit is designed to operate efficiently with the light oil
and condensate currently being produced from the Ausable reef and will provide
optimum production flow rates. It is anticipated that the hydraulic pumping
units will also be installed in Ausable # 2 and Ausable # 4 over the course of
the next two months.


Following the installation of the venturi pump in Ausable # 5 the Company will
be in a position to accurately report production flow rate in addition to
production potential with the previously announced Enhanced Oil Recovery (EOR)
and cyclic natural gas liquids (NGL's) program. Under the EOR program, reservoir
analysis and design work to date indicates re-pressurization of the reservoir
will have a significant positive impact on overall field production and recovery
factors. Results and updates of the Company's optimization program and
implementation of the cyclic gas EOR program will be released once fully
operational.


Reef is also pleased to announce that two of the three frac tools from the
Ausable #2 horizontal well have been successfully recovered. Approximately 75%
of the productive zone is now open. Additional fishing operations are not viewed
as cost effective and the Company will be moving forward with wellbore clean up
and flow testing. A further announcement will be made once the well is on
stream.


Arnie Hansen stated, "We continue to view Ausable # 5 very positively and the
Company's engineering and operations team is working diligently to increase
production by implementation of the venturi pumping system followed by the
re-pressurization of the reef and commissioning of the EOR and NGL program.
There are numerous analogous fields where these types of optimization efforts
have successfully yielded significant increases in production once in
operation."


Footnote: The Company's Ontario asset has gas storage rights, gas re-injection
permit for gas recycle, NGL recovery, enhanced oil recovery and arbitrage. A key
component of Reef's Ontario strategy is to identify and exploit undervalued
prospects in the Ontario basin by utilizing the company's 23,500 acres of
proprietary 3D seismic. In addition to its Ontario Properties, Reef has
identified multiple oil and gas acquisition and development opportunities
throughout Canada.


The term barrels of oil equivalent ("BOE") may be misleading, particularly if
used in isolation. In accordance with NI 51-101, a BOE conversion ratio of six
thousand cubic feet per barrel (6mcf/bbl) of natural gas to barrels of oil
equivalence is based on an energy equivalency conversion method primarily
applicable at the burner tip and does not represent a value equivalency at the
wellhead. All BOE conversions herein are derived from converting gas to oil in
the ratio mix of six thousand cubic feet of gas to one barrel of oil.


Forward Looking Statements - This news release contains certain forward-looking
statements, which include assumptions with respect to the valuation of Reef's
reserves, funds raised from a financing and future capital expenditures. The
reader is cautioned that assumptions used in the preparation of such information
may prove to be incorrect. All such forward looking statements involve
substantial known and unknown risks and uncertainties, certain of which are
beyond the Company's control. Furthermore, the forward-looking statements
contained in this news release are made as at the date of this news release and
the Company does not undertake any obligation to update publicly or to revise
any of the included forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by applicable
securities laws.
Posted at 10/8/2009 13:20 by 8trade
Seriously could you back these guys after what they did with ITI ?
Posted at 16/6/2009 18:00 by timely3
Strange that someone would buy 4m shares for circa £17k without any positive news, unless I have missed it? The share buying is not on the back of the usual p and d activity associated with this share so far as I can see. Besides that is normally a few PIs who get sucked in by the hype and not a serious level of cash as in this case.
Anyone have any news?
Posted at 10/5/2009 11:27 by harmoye
The Company is pleased to announce that it has placed 535,000,000 new ordinary
shares at a price of 0.1 pence ("Placing Shares") with new and existing
shareholders ("the Placing").


The Placing proceeds of GBP535,000 (before expenses) will allow the Company
additional working capital to service its activities.


Subsequent to the issuance of these new ordinary shares, the Company will have
800,324,634 ordinary shares in issue and a total number of 800,324,634 voting
rights.


Application will be made for the Placing Shares, which will rank, pari passu,
with existing ordinary shares, to be admitted to AIM and dealings are expected
to commence on or around 12 May 2009.


No problem with raising money for placing...eh
Posted at 06/5/2009 11:00 by dell314
8T - Yes, I expect the share price will be supported whilst the penny dreadful share pusher brokers farm it out to punters and then plop!

Although in current markets, rationality seems to have been suspended with complete crud rising as fast as, or even faster than, the decent stuff....

Rgds
dell

All IMHO, DYOR etc.

P.S. I see SueHelen/Optiliar/Treacle has a new name. It was pumping DMR yesterday and dumped this morning. I'm generally too busy trading my own holdings to bother with the scumbags lately but it's nice to drop in on them from time to time...
Posted at 06/5/2009 10:55 by dell314
6 May 2009

Immersion Technologies International Plc

Equity Placing

The Company is pleased to announce that it has placed 535,000,000 new ordinary shares at a price of 0.1 pence ('Placing Shares') with new and existing shareholders ('the Placing').

The Placing proceeds of £535,000 (before expenses) will allow the Company additional working capital to service its activities.

Subsequent to the issuance of these new ordinary shares, the Company will have 800,324,634 ordinary shares in issue and a total number of 800,324,634 voting rights.

Application will be made for the Placing Shares, which will rank, pari passu, with existing ordinary shares, to be admitted to AIM and dealings are expected to commence on or around 12 May 2009.


Hardly a surprise is it?

dell314 - 31 Mar'09 - 07:14 - 1351 of 1388 edit

......... As the results show that they have minimal cash left and have reorganised the shares with a lower par(see the notes), it would appear that a share placing is planned to raise further funds.........


Rgds
dell

All IMHO, DYOR etc.
Posted at 26/3/2009 09:46 by dell314
Why are all these nutters raving on about a big announcement on Friday?

Unless ITI plan to breach listing regs and get suspended, they have to publish interims by March 31st(i.e. by the end of Tuesday), so it seems pretty obvious that the forthcoming announcement is going to be nothing more than the interims.

If there were any amazingly positive developments to report, they'd presumably have had to bring them forward based on the share price rise of the last few days, so I'm guessing that the interims will just contain the usual minimal sales and large costs that we've come to expect from this outfit.

It would be nice to see a turnaround but I won't hold my breath....

Hope that helps.

Rgds
dell

All IMHO, DYOR etc.
Posted at 07/2/2009 18:52 by timely3
I remember Rodime well as I owned them, but sold out before the good times you describe. I am glad it worked out for you. ITI do need a miracle, but the Chairman is a canny operator and the Dutchman who is leading the operation seems an astute bod so I don't think all is lost - yet! It will be a critical 6 - 12 months. If they get a deal or get a settlement from Nakamichi their fortunes (and share price) could change significantly imo.
Posted at 03/2/2009 22:01 by pilly_rocks
Lol 8 trader..You hope i dont hold them, fact is i do...

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UK Markets (Closing Prices) Cash:£4,034.54

Description Filter: Prices displayed are market closing prices


Symbol Links Qty Description Mid Price Price Change Market Value Book Cost Gain/Loss Corp. Action sedol depot price bookcost bcMajorCurrencySymbol bcMinorCurrencySymbol priceMajorCurrencySymbol priceMinorCurrencySymbol priceCurrencyCode figaroPrice figaroCurrency



OPM 300000 1PM PLC 0.19p 0.00p £570.00 £1,417.36 £-847.36 B194YY1 B 0.19 1417.36 £ p GBX 0 GBP
150000 AGCERT INT'S' £0.01 n/a £1,500.00 £1,905.12 £-405.12 B076464 B 0.01 1905.12 £ GBP 0.01 GBP
ABH 132623 ANGEL BIOTECH 0.16p -0.01p £212.20 £475.00 £-262.80 B0HZJ33 B 0.16 475 £ p GBX 0 GBP
CFM 98557 CENTRAL AFRCN MNG 2.22p -0.12p £2,187.97 £3,119.96 £-931.99 3125364 B 2.22 3119.96 £ p GBX 0.02 GBP
FML 1810000 FRONTIER 0.55p 0.00p £9,955.00 £7,620.48 £2,334.52 B02PC95 B 0.55 7620.48 £ p GBX 0.01 GBP
GGP 32490 GREATLAND GLD 0.40p -0.03p £129.96 £799.99 £-670.03 B15XDH8 B 0.40 799.99 £ p GBX 0 GBP
ITI 2687902 IMMERSION TECHNLGS 0.20p 0.05p £5,375.80 £12,712.89 £-7,337.09 B1TYBN9 B 0.20 12712.89 £ p GBX 0 GBP
IGH 450000 INTERACTIVE GAMING £0.01 n/a £4,500.00 £9,367.89 £-4,867.89 3434792 B 0.01 9367.89 £ GBP 0.01 GBP
JRVS 127500 JARVIS 5.08p -0.19p £6,477.00 £20,845.70 £-14,368.70 B0DLKZ4 B 5.08 20845.7 £ p GBX 0.05 GBP
LED 1679337 LED INTL HLDGS LTD 0.38p n/a £6,381.48 £6,397.94 £-16.46 B1G4CX9 B 0.38 6397.94 £ p GBX 0 GBP
MTV 1344856 MOTIVE TELEVISION 0.38p 0.00p £5,110.45 £11,466.75 £-6,356.30 B083765 B 0.38 11466.75 £ p GBX 0 GBP
OCZ 133935 OCZ TECH GRP'S' 4.75p 0.00p £6,361.91 £20,887.87 £-14,525.96 B13JQ80 B 4.75 20887.87 £ p GBX 0.06 GBP
TSEG 1000000 TSE GROUP 0.20p 0.00p £2,000.00 £2,491.06 £-491.06 B0BFPD1 B 0.20 2491.06 £ p GBX 0 GBP


Totals £50,761.77 £99,508.01 £-48,746.24
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Posted at 08/12/2008 19:18 by treacle28
At worse scenario, flog them on ebay and would still be able to get 1/6 of the value at 1 million which would put a whole 0.50p on the share price on its own, or maybe I should buy the company with Net Assets of 1.65p on last results and offer 0.50p for the whole lot:-

With 6.50 million pounds worth of speakers as an Asset I have revised my target share price to 2.25p now with 264 million shares in issue. At 2.25p, the IP and other bits would still not be valued!
Immersion Tech share price data is direct from the London Stock Exchange

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