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seasonedwell

04/29/16 2:20 PM

#1042 RE: Tim696969 #1039

Listen up, UNXL is Nasdaq CM..... the CM stands for Capital Markets

DEFINITION of 'Nasdaq SmallCap Market'

The Nasdaq equity market for companies that have relatively small levels of market capitalization. Listing requirements for such "small cap" companies on the Nasdaq SmallCap Market are less stringent than for other Nasdaq markets that list larger companies with significantly higher market capitalization. In 2005, the Nasdaq SmallCap Market was renamed the Nasdaq Capital Market in order to reflect its core function of raising capital.


We're going to need a bigger manufacturing facility many more employees and substantial inventory to meet the needs of this 10 billion dollar industry. Somewhere, better sooner than later, we'll have to raise funds. Just thank god it wasn't at 75 cents.



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seasonedwell

04/29/16 2:57 PM

#1044 RE: Tim696969 #1039

The big plus for me is the size of the funding will tell me how much business is expected over the next 12 to 24 months.
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seasonedwell

04/29/16 3:03 PM

#1045 RE: Tim696969 #1039

There is an alternative. A strategic partner. This is definitely a real possibility by the way the stock moved up so quickly. I'd say there's a 50-50 chance that this may have happened.

Although it may be a complicated issue with UNXL supplying many of the competitors of any major computer manufacturer.
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pnew122

04/30/16 8:11 PM

#1058 RE: Tim696969 #1039

Yes I do.

Net loss was $37.0 million for the year ended December 31, 2015, as compared to a net loss of $25.7 million for the year ended December 31, 2014.

That's a burn rate of 3M a month.

Then consider.
Cost of revenues were $12.3 million for the year ended December 31, 2015 and $0 for the year ended December 31, 2014.

They will need to bring in @ least 5M a month IMO & that won't happen overnight.