Looks to me like they bought a shell corporation which held no assets and then they emerged as UNXL.

The $35/share price you noted appears to only be paperwork to get the shell shares down to a point whereby the pps would qualify for a listing above the $5 mark. Since there were no assets, I do not see how anyone was hurt and that the pps was no reflection of what was to become UNXL. Simply, they forged a corporate shell out of an old shell they traded for shares. The previous companies in the shell were defunct by the time UNXL entered the picture....at least that's how I read it.

They appear to be nicely positioned for the growth they are expecting. They have a low outstanding share count and a pps above the $5 level for listing exposure and/or fund participation, which all point to the expectation for increasing demand and a higher share price, imo.

I think there is a lot of money to be made here. Reminds almost of an IPO, ground floor level, as I see no one incentivised to sell below these levels.

All other perspectives are welcome for discussion.