Come on Reed..you had a secondary in the chamber and didnt pull the trigger....what gives? Word gets out.....Happy to see a secondary..means good news....invest in the company. So now we are waiting for ECO news and news on why the second thoughts.....You're doing the right things but you create chaos and confusion with your actions and lack of communication.
It would appear that you have mistakenly posted your message to the CEO of UNXL on the sleaziest message board on the 'net. The fact that you are on a first name basis with Mr. Killion is impressive, however.
I'd be happy to assist you in delivering messages to the correct recipient in the future; just message me.
hey gordo, i havent mistakenly done anything and if it's so sleazy why are you here? I never said to be on a first name basis with Reed and i really dont care what you think. I dont feel the need to call hiim Mr. Killion as you do, I'm sure its some sort of sub / dom thing for you.....and by the way...you're not my friend.
That's why this is so weird. All I've heard is delay in this, the 6 week time frame is getting close, and other fairly negative things that contradict what's happening today. It's hard to figure what's going on. I would not be surprised if it were to gap up tomorrow, once again for a reason that we may or may not know. Needless to say, the silence is deafening from the Company.
he did the right thinkg here; he probably had a secondary lined up at 30 and now he's going to issue on at 22?? he would have been fried; he should get a new investment/banker firm; maybe cfo; whoever leaked this needs to go; if i were ceo, someone's head would be on my desk right now
I agree...but i think he should have made some sort of statement or someone should have. When a deal like that gets botched, it hurts investor confidence. I already have a hard time believing most of what he says (dates and timelines). So by him saying something , it only helps....
The sad part is this exercise has cost the stock price about $5. I hope we recover that also.
My personal opinion is they should ask Intel or Microsoft if they want to buy a million shares at a 10% - 15% discount to the stock price after the ecosystem deal is announced. You might be able to get Kevin Douglas and a few of the other big shareholders to agree to that deal.
That would allow them to take an equity stake at a discount and would provide UNXL the immediate cash needed to scale up.
After that infusion of cash borrow any additional cash required. Now that revenues are being generated borrowing money is possible.