The SEC just wants to ensure they have preferred price partners. We know they have the partners and this PR is the final evidence you need. If the partners did not exist there is no way Reed puts out this email. This inquiry will be short and it will likely cause no pain. Investors will be buying tomorrow.
Do it in Investor village. Join. You don't have to pay anything. Then you can send me a PM.
I agree Red. Every indication points to a successful end for UNXL. The first delivery will happen in the next few weeks. Lets see if UNXL decides to issue a press release. The company is moving forward on all fronts. Manufacturing is being developed successfully. Rochester will be online soon. Then that happens the company can record $5-10 million in revenue. The company indicated on the call this would happen in the 4th qtr. Recording $10 million in revenues should be a significant event requiring a PR. Not sure if UNXL will issue the PR but they should. The company is presenting at a conference next week. Not sure how big this conference will be but each time we present at a big tech conference I hope for an article on metal mesh. That article could happen at any time.
Sales is moving forward as well. 3 purchase orders and 20 more engagements. 7 of those have asked for and received prototypes. We could get 1 or more additional POs at any time. Reed indicated that there would be a PO soon from the ecosystem provider. I wonder when that will happen. That will likely be another opportunity for a PR.
Most importantly the company continues to work with asain partners. These talks are likely in a late stage and we could see a partnership agreement at any time over the next 1 day to 3 months. This could be a huge development for UNXL
Many institutions yet to report. Final day is on Friday. Thus far Institutional interest has increased around 900,000 shares. That is a good sign. Final numbers will be out either Friday or Monday. We are pretty much guaranteed an increase this qtr.
If they were buying in the 3rd qtr I am betting they are buying more in the 4th qtr.
Killion or another could buy some. Those that sold recently are prohibited. If you buy back within 6 months you get a fine. This happened to Reed when he bought this summer. I would love to see a few buy some shares. However, I don't know if the window is open for purchases. I just hope that moron Tomz stops selling.
If I were Reed I would fire Tomz. you can get a lot better talent for the money.
I don't really care about the PRs. Here is what I want from Reed. I want him to go on a road show and talk to all the big institutions that owned UNXL over the last year as well as any other big tutes that are interested in hearing the story. Take 2 weeks and get the UNXL story out to all those that might consider buying now. UNXL is sitting in a perfect spot right now for new investors. The stock price is low. Deliveries are starting very soon. They have manufacturing near completion. They have many engagements. They have a new plant being considered in Asia.
This is a story they can sell to Wall Street. It is time for Ron Both to get off his butt and set up meetings with everyone that wants to listen. I am betting a little one on one time with Reed and there will be several institutions that will decide now is a good time to buy.
On the call Reed indicated they needed to get the final design and then they would be ready for production. Not sure the timing on this but I am assuming we have deliveries within a couple weeks. I wonder if they will PR the first delivery of product?
That got me thinking about PRs. What is the next PR.
Delivery of product
Rochester up and running
Another PO from one of the 20 engagements
Partnership with an Asian partner
There are many possible PRs. The only question is will any happen in 2013.
We have 3. The two smaller ones are for 100-150,000 units a year. Not a lot but still a good start. Sounded like they could build into a lot more if things go well. But I am not sure. Then we have the Dell order. When asked about the size at the end of the call he said it was significantly more than the others. I don't know exactly what that means but I think in total we have orders for at least 50,000-100,000 units a month. That is just a start. So I think the company is progressing fine. I am not happy about the stock price but it is what it is. Give it time.
Most traders that shorted today will want to exit going into the call or maybe there are a bunch of people thinking that the call will be terrible. Getting the PO is huge. It validates the technology and shows that Dell has confidence in the product. I am sure the company has product to ship tomorrow. They have been making and testing units in the automated testing equipment. All those units are ready to be delivered.
There are many good things to talk about tonight. Now that we have a PO it is time to start talking about the Rochester plant and the next preferred price partner. That asian partner will come in the next month or two. "within the next month at a minimum" lol. The Rochester plant will be ready within the next month at a minimum as well.
Things are looking good. Now we just need to get the word out. Remember we are presenting at two conferences this month.
The shorts are here for a while. They will attempt to say this means nothing. The order is likely small but it validates the technology. Yesterday Cowen said deliveries to several companies in the 4th qtr. I want to hear more about the possible orders. We also should hear more on Rochester and hopefully some details on talks with Asian partners.
This call will be a good one.
The waiver is near. According to the report from Cowen last night the testing of the inspection equipment is underway and when complete will be sent to Lufkin and installed. But the comment that was the most interesting was that Cowen said volume shipments should occur to several customers this qtr. I guess Dell isn't going to be the only customer buying in the 4th qtr. The next few weeks could be very interesting. The only reason the price target dropped is they moved the timing of the ramp back a little so the second half of 2014 is the big growth. I assumed that would be the big growth anyway.
This comany is on track and will blow people away in 2014. It all starts in a couple weeks or less.
If Reed is a liar so is every CEO in America. Every CEO has a goal of dates they want to meet and sometimes they get pushed back.
The question you need to ask is if the company is on track. It isn't important if it is late. Is the goal still acheivable. Everything Reed has said would happen has happened. Some are later than anticipated. I expect this will be true with deliveries as well. Manufacturing is still coming just a little later than expected. Deliveries are a little later than expected.
Who cares. I would sell if I believed deleries would never happen. Being a few weeks or months late doesn't matter. Al it does is push back the window of retirement for many of us. This is a company with great promise. The process isn't easy. It will continue to be refined over the next year. Yields will improve and customers will come. I expect great things still from UNXL. I just think it will take longer than some short sighted people want.
Relax and give the waiver a week or 2. Let Reed give you an update next week and then give me your thoughts. Oct 1 or Nov 1 or Dec 1. It really doesn't matter. Success will come.
Looking at the options there are a few million shares in calls. So I believe there are many shorts that are hedged with calls. However, there are many that are not. Not nearly enough to cover the 6 million shorts out there currently. If news comes next week you will see many shorts covering and the ones that have calls may continue to buy in an effort to maximize the value of their calls. The naked shorts will be toast. As the stock increases they will be forced to cover in the 20s and 30s.
Hopefully we see a squeeze to end all squeezes. I think it is very possible. What we need is 3 things to happen.
1) The PO to be issued.
2) Rochester to be up and running in Nov
3) Sign Samsung as a new preferred price partner
You know I want $20. My point isn't that it is ok to be at $15. The point is that the stock should be at $20 if investors were looking at the big picture and Reed is at fault. He is putting dates out there and when it is missed he needs to address the miss in an honest forthright way. I think he could have easily said that the OEM wanted to get data from the automated testing eauipment. This will allow both UNLX and Dell to be sure touch screens being delivered are not defective. That will be done in early Nov and soon after that we anticipate a waiver and PO. This will allow UNXL to begin deliveries in the 4th qtr.
He also should give a good update on the Rochester plant. They fell behind too. They said the production capabilities would be 700,000 by Sept. That didn't happen and looks like it won't happen until Nov/Dec time frame. Honesty is likely the best policy. Let people understand the manufacturing process is not easy but it works and the final details are being worked through and success will come in the 4th qtr.
Then be very transparent on the potential customers. Do they have any POs in hand for 2014. How many potential preferred price customers are discussing terms with UNXL.
Things don't always go as planned. Be honest and last thing. Get rid of the stock sale plan and make employees keep their shares until the comany can declare success. No more selling in th $20s range.
Unipixel has a deadline and everyone is acting like if they miss a Nov 1 deadline that a waiver and PO won't happen. It really doesn't matter. The waiver and PO will come. The stock will start moving higher again.
Investors need to focus on the 2014 and 2015 projections. Stop looking at near term dates. These don't matter. What matters is progress toward the end goal of 10-15% of the market in 2014 and 15. I still believe that is possible. I hope others agree.
You still need the waiver. I agree with you but the waiver is for the certification. The equipment won't be certified for a month or two. Someone needs to approve the certification. Like a BLA in biotech the review doesn't happen in a day. So Reed was telling the truth. If they are going to deliver in the 4th qtr they will need a waiver.
But the inspection equipment will be in soon. When it is the company can deliver product and no for sure that all the units delivered are fully functioning. The company is just about to the finish line. It is taking longer than expencted. I am still hopeful the waiver comes in the next week. We shall see.
I don't care if it is in Oct or Nov. 4 days or 3 weeks. Who really cares. The key is to start the ball rolling the snowball down the hill so it can get larger and pick up speed. That is what InTouch should be. Start with something and grow quickly.
Hard for me too brother but hopefully it will improve soon. Don't hold your breath for news this week either. Reed said this month at a minimum. I am thinking the waiver is most likely coming in Nov at some point. The company will have the first inspection equipment up and running in a week to 3 weeks. When it is done the first lines will be complete for the first time. High speed production that is tested 100%. That is something that is easy to sell. However. The real key is getting the Rochester plant up and running. Volume of a million units a month is huge. At that point we can sell and show customers the quality and production capacity they want. Build it and the customers will come.
They future is near. Shorts are trying to use short delays to take the stock lower. Use that to your advantage. Pick up some cheap shares. When sales start it could change everything. I have had a theory that Dell told UNXL they would get the waiver when the new inspection equipment was installed. I still believe that could be correct. I have no one that has told me that but if I were Dell I would want to know the product I was getting was perfect. In a couple weeks UNXL can send rolls to OEMs that have any bad units marked. At that point OEMs will start changing their processes and buy from UNXL.
That is when the touch market starts to change.
Reality is that when the Rochester plant is up and running in Nov to early Dec UNXL can supply up to 500,000 to a million units a month. Several of these companies can be looking at products that will have UNXL and other vendors supply identical products. SYNA could be getting product from another source and will migrate to InTouch in the months to come.
This company is in it's early stages. Give it a couple months before judging. A waiver is coming. I think that is known. I am not to worried about that. Orders will come shortly after. Small at first and then hopefully larger orders when Rochester comes on line. Rochester is behind the original schedule. UNXL expected 700,000 units a month by the end of Sept. That isn't happening unitl the end of Nov. I think they are going to claim 1.3 mill a month by running up to 24/7.
You can't supply product until manufacturing is ready. All equip is in Rochester now. Installation and qualification is being done. Hopefully good progress is being made. I am sure Reed will provide a good update on the Nov CC.
I remain upbeat and excited about the future. It is just going to take a little longer than I was hoping. I still believe by next summer the company will be on track for greatness. Doesn't require large quantities to be delivered to make a nice profit.
you will get an announcement of a waiver and a PO. there is absolutely no way the details of the PO will be released. However, I think the first PO will be 15-25,000 units a month. The question will be the second and third POs. After the first PO I don't know if the company will announce any additional POs.
what will the stock do? I think a minimum move to $25 or more. It will be very interesting to see what happens. the stock could do anything from move to $20 to move to $40 within a week. I hope it goes to the high side of that range. it depends a lot on the short reaction to the news. I don't think they are leaving. I think they have to realize the waiver and PO are coming soon. If they were leaving they would have left already. I think they are going to attempt to argue that even with the PO the company is not going to succeed. I don't believe that argument will work. We shall see in the next few weeks.