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Message: Re: When Being 'Short' Backfires!
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Mar 12, 2013 04:28PM

I agree with you. UNXL's rise was not based just in speculation. DELL has ponied up $5 million and production of product is underway, and ahead of expectations.

The CEO also stated he is presenting in one week before 1000 institutional investors and that news will follow shortly there after revealing two new strategic partners,who also will be writing UNXL checks.

The CEO has also laid out production shedules, margins and growth targets for this year that make this company profitable, and a nice growth curve to boot.

The company has no debt, $18 million in the bank, a $50 million tax loss carry forward with a monthly operational costs of only about $1 million, which is not expected to increase much even in the face of growing manufacturing efforts.

Bottom line is that this company will be profitable this current quarter and beyond and on solid footing going foward.

I would love to see a hostile takeover attempt.

Would you sell today for $100/share? They could be there in a year or two either way, given they have under 10 mil shares outstanding, 13.4 fully diluted....which is incredible small.

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