Reed needs to meet the Oct 1 deadline on the certification
The company is working on that paperwork. The actual certification won't be approved for months. I hope a PR comes saying they have completed the work and submitted the certification. I am sure that the analysts will tell us when it happens.
It would be nice to get the certification done this week or next and have Dell provide the waiver shortly after. I don't know if it will happen but that would be the end of the shorts on this board.
The thing that gives me comfort is Reed talks to investors. If things were going poorly I am betting he would not talk to anyone. That is what I believe. the best thing about UNXL is we only have 2 weeks to wait to get some sort of news.
I hope the news actually comes early. I am doubtful of that but maybe. Please Reed you have said you want to trap the shorts at some point. Well now would be a great time to do that. 5 mill shares short and good new means they have no where to run.
What worries me just a little, they should be trying to get product by this deadline, and not out attending and giving presentations at all these conferences.
If this product is so good, it should sell itself, so why not get product first instead of spending all this time promoting something you haven't been able to produce yet?
rebranding isn't a big deal. Deliveries by Oct 1 would be the best. I am trying not to get hopes up. I just want the certification done and hopefully a waiver close or on the way. I do believe Reed has discussed a waiver with Dell many times. They had to have given him some hope that a waiver would be given. If not he would not have discussed the possibility. But I am not going to count on it.