and their outstanding share count of 300 million, UNXL, if fully diluted to that outstanding share count, would be trading at about 14 cents/share.

That should speak volumes for those who dabble in the penny stock world. Here you have that perspective and yet the stock trades currently at $6/share, allowing for institutional involvement, which we see on steroids.

Now, with $6 million in cash and no debt, not to mention proprietary technology in production with multiple world class partners about to go "live" into the consumer electronics markets world wide, is UNXL a good bet to go significantly higher ?

We are about to witness the move from R&D to revenue generating products...an area where EDIG faltered.

Also keep in mind that they have just issued a shelf share position to raise capital for growth, as needed, without having to assume more debt.

Also note that their management team is first class and that they recently added a new COO who came over from SAMSUNG, well versed in global distribution and manufacturing channels for their target markets.

Do the DD but I doubt you'll find a better risk play considering the potential growth...still well below the 52 week high.