If you would sit up straight, put your feet on the floor, and stop chewing gum you would have seen that (SYNA) announced that they are producing product for Google--and shipping product! What a novel idea--promise a product and ship it to a customer!
So Dell has told you that their tablet business doubled for the last two Qs, so now they are going to dump what they are apparently able to produce and sell---and they are now going to stop production so they can add an unproven and non-available product from a guy that has never meet a deadline that he promised.
Sure! That makes sense to me! But I wonder why the Pixie stock has retraced all the glorious gains that suckers have seen erode--drip! drip!
One can fill a balloon with hot air and the balloon will soar into the wild blue yonders! Fill UNXL with hot air and it will swoon to $41.00 a share. #$%$ the balloon and it will fall like a rock---such as UNXL. From the lofty heights of $41.00 the stock now after a year...the stock sits .97 cents higher than it was on December 10, 2012. With the 9% gain YTD---still the sky is falling! Why? So much hype---so much money lost by the foolish one's who bought this POS at $41.00 while the insiders apparently didn't believe the hype because they were sellers in this next greatest fool game!
(Killion oversees two-state-of-the art facilities)---and General Custer was the overseer the 7th US Cavalry and at the end of the day the only thing we know about Custer was that he wore Arrow shirts at the Battle of the Little Big Horn. Killion the Emperor has no clothes--nor product!
Sentiment: Strong Sell
Last year NKTR was a sponsor for the Patient Advocate sessions, this year I can find no reference that they are even an exhibitor for the conference, however, they have it reflected on the company website. Most of the players are helping sponsor this conference--where is NKTR? This conference has the major BC players from around the world attending--and it takes place next week.
As promised--soon is now! New Seeking Alpha article linked here on Yahoo news for NKTR.
Sentiment: Strong Buy
Yeah! I've got an opinion and if you believe the CEO since he issues the PRs from this POS, my opinion is to look at the list of PRs that are longer than Pinocchio's nose and you will see that shipping product is on a constant revolving day after tomorrow. For example---tomorrow! Then tomorrow will roll over to Thursday. Then Thursday will roll over to Friday. So based on FACT, Jack! Reading the PRs!
OCLS issued a SEC filing after the market closed stating they aren't in compliance with NASDAQ listing due to stockholder equity being about $1million shy of the required amount. This was based on last Q report,so with two months down in the current quarter and the normal burn rate----B.A.N.K.R.U.P.T.C.Y. is just around the corner. With the 42% jump in accounts receivables, ain't nobody going to ante up what they owe as there is no money to collect the arrears. Also, the reason that accounts payable aren't being paid---remember, the gangs has an option to pull out $1m in going away funds----therefore, they ain't going to waste that small amount to keep this puppy afloat. As mentioned numerous times--these guys were good. Hard to believe that they could sell bleach water for all these years. My hats off to them!
I often visit the NKTR website to see if new data has been updated. I happened to be looking today and saw something I must have been overlooking, as I don’t ever remember seeing the two companies that are mentioned under—“Other Royalty Bearing License Partnerships”. Listed is a Phase III program with Ophthtech for an (AMD) eye treatment. Appears that this is expected to have final data in 2016—so this is way out into the future. The other company mentioned is Regado Bioscience with their Phase III drug (Reg-1) for acute coronary syndrome, and interim data for this Phase III is expected in early 2014. There is a huge market for a new (ACS) drug. So in total NKTR has six (6) drugs in Phase III, plus the pending two drugs waiting FDA decisions. Baxter-855, two drugs with Bayer, and NKTR-102. NKTR has a lot on the plate—with many of them coming in the near term.
Happy T-Day to those who love turkey, cranberry sauce, pecan pie---and other stuffings!
Sentiment: Strong Buy
Visit the headline section here on Yahoo for the above reference article. Ouch!!!! And I thought tomorrow was the announcement about turkeys. Can you believe someone would mention the word 'fraud' about UNXL?
Sentiment: Strong Sell
$90million from AZN and 'maybe' the solution to the Phase III trial for 181. Tis hard to find a biotech with the pipeline that NKTR has--with two drugs waiting FDA NDA decisions(Allegan and AZN).
Sentiment: Strong Buy
With the childish name you selected are you still a 'bed wetter'?
Sentiment: Strong Buy
Really doesn't matter--seems only yesterday that they created this new improved version of bleach water marketing, but in reality it was exactly one year ago they announce the formation of Rutigen. Now a year later and no IPO, and IMO will never happen. However, the deal is that if enough fools can be found to buy this IPO, OCLS will get immediately $5m of the cash. As previously stated---not enough money to get them through the first three months of 2014, as they have now spent the $3m they had left at the end of the last Q.
The headline for the A-H PR says--UniPixel Addresses Market Speculation.
Reminds me of Bill Clinton Addressing the Nation--"I didn't have sex with that woman". So is the CEO addressing or answering the questions--for sure Clinton was getting some action, but will UNXL stock do the same for those long the stock?
Now after issuing PR that they don't own a donkey the stock has traded 5,700 shares in after hours trading. Guess those short the stock don't know they could be covering before this donkey is entered into the Kentucky Derby.
Paint strips on a donkey and calling it a zebra doesn't change the fact that you own a donkey. As for the PR after the close today, there is a SEC filing that allows them to keep confidential certain information in their public disclosures and filings with the SEC. WHY didn't UNXL file this request with the SEC-----well folks, that is what the SEC is now filing to find out what it is that is such a mystery.
This staff legal bulletin sets forth views of the Division of Corporation Finance ("Division") regarding the requirements a registrant must satisfy when requesting confidential treatment of information that otherwise is required to be disclosed in registration statements, periodic reports and other documents filed with the Securities and Exchange Commission ("Commission"). The procedures are contained in Rule 406 under the Securities Act of 1933 and Rule 24b-2 under the Securities Exchange Act of 1934.
I find it humorous all the talk about the partnerships and POs that UNXL has—therefore, UNXL is going to make the longs rich and the shorts poorer. However, one should never forget that you can skin a cat more than one way. Does anyone remember John Sculley? Sculley was the President of Pepsi, when approached by Steve Jobs to take the CEO job at Apple. The clinch for Jobs selling him on the idea was when Jobs asked Sculley—“Do want to be known for selling sugar water or being the head of the world’s greatest technology company” Sculley took the CEO job with Apple and ironically he was the person who fired Steve Jobs from Apple, only to realize that eventually Jobs returned and made Apple an ever great success. The when Sculley was ousted from Apple he was hired by a hot technology company located in Dallas, Texas. The company was known as Spectrum Technologies, and being run by a master #$%$ that wanted Sculley for his name in the industry. Sprectrum stock was selling for more than $100.00, but then Sculley was in for his biggest surprise and resigned within four months of taking over as their CEO. Seems that Spectrum was nothing but a fraud, cooked books, lying about partnership deal--- you name it the Chairman was nothing but a snake oil salesman that had lured Sculley into his lair.
Do a Google search on Behind the Scandal at Spectrum. Has anyone seen the makings of that story in today’s ‘technology’ industry…………anyone posting here on this board? Anyone want that $100 Spectrum stock that was hyped to the moon—the old certificates make for a nice wall decoration! UNXL has seen their stock today drop like a rock when the solution is very clear—answer with proof that the deal with Kodak is legit and nothing being covered up. Read the Spectrum story---bigger fish that a recent bankrupted Kodak were touted as partnership deal worth zillions of dollars. Is UNXL a fraud—I don’t know and don’t care as I have no skin in the game. But a joint news conference by Kodak and UNXL would sure make those long this stock HAPPY—but then thinking this will happen would put me in the category of thinking there is such a thing as the Easter Bunny!
This last Q they spent $4,810,000 of their cash, leaving a balance as of September 31, $3,190,000. So assuming they burn the same amount this Q they will end December,2013 with a negative cash balance of $1,620,000. Assuming that suddenly the wonderful partners they have out marketing the bleach water, pay for what they get from OCLS, there is still $1,027,000 out outstanding bills that OCLS has as accounts payable. Add this debt to their cash position; you have OCLS with a negative cash position of ($2,647,000.00). So let’s assume that the new financial team that Rutigen has in place to sell the IPO, they actually float the deal (Stupidity Personified). OCLS gets $5,000,000.00 from the IPO funds. That would then give OCLS a positive cash position of $2,353,000. That new cash will last about 1 ½ months into 2014, before they will be busted again. Keep in mind, when Hodgi left he drew down his bonus of $500,000.00 and turned the key over to the new CEO. These guys have the same deal for going away money to be taken from the till. Throw that factor into the mix--------------they don’t have the money to turn the lights on. AND though DM bragged about the POP in the stock—today it hit an all-time low on huge volume. The rats are fleeing the ship!
They fessed up in the CC that this issue had returned as they had been in talks with NASDAQ. What they are depending on is getting part of the money from the Rutigen IPO that will increase their book value to $2.5 million. As of the previous Q, June, the book value for this POS was .40 cents a share. With the cash burn this latest Q, the BV is probably about .20 cents--so who in their right mind would want to invest one penny of their money for what is for all practical purpose--a bankrupt company. With the agreement in place for the insiders to walk away with more than $1.0 million in severance money----they are practically at that level now. By the end of next month and with the cash burn---ain't going to be many wanting to see that last dollar being spent before they milk this cow for the last time.
As for previous deals--note they aren't coming back in the latest deal for the IPO--some other boiler room operation is running this deal----and based on the long delay from when the IPO was proposed---apparently ain't no buyers for this bleach water redo! Some people must remember the promises from the OCLS IPO where they were going to use the money to do FDA trials--how did that work out for them???