"On May 1, 2015, Uni-Pixel, Inc. (the Company) issued 773,320 shares of its common stock, $0.001 par value, to Hudson Bay Master Fund Ltd. (Hudson Bay) pursuant to the terms of that certain Senior Secured Convertible Note issued to Hudson Bay on April 16, 2015. On April 29, 2015, Hudson Bay exercised its right to accelerate the payment of $2,250,000 of principal and $50,625 in interest. The Company relied on Section 4(a)(2) of the Securities Act of 1933 to issue the common stock, inasmuch as Hudson Bay is an accredited investor and there was no form of general solicitation or general advertising in the offer and sale of the securities."
$2.97/share in total or $2.91/share with interest removed.
That was before the Kodak schism was announced. Management has been planning on selling out the longs for a while.
What will UnXL say at the next CC? Uh,Due to our failure to implement InTouch and changing to Atmel's Xsense process we expect to have no revenue for 2Q 2015 BUT it cost us only $20Mil to get back $50K in 3Q revenue?
The only people who want this POS are deniers and dreamers on this MB. Ampio is toast and management is trying to figure out if retail will buy an "Optina got frozen, too" tale of woe.
Inventor schmentor, isn't that what the trials are about, to figure out if this "invention" has any real world value? So far pain relief equal to NSAIDS at a much higher cost argues against any worthwhile efficacy. With the "frozen" tests and the failure to meet endpoints due to "unusual" saline activity, per the company, aren't you starting to wonder just who's jiving whom?
It's not like this is new ground for MM&Co.
Here's another possibility to consider- Another Macalooser scam is coming to its preordained end.
UnXL didn't make off with the last step of the recipe they stole and couldn't get their version to work.After UnXL has gone into debt/dilution to buy Atmel's trash Kodak has thrown them over board. Who has claim on the printing plating lines in Rochester? Intel?
Despite all of the straws being grasped at UnXL is down and has nowhere else to go. It is was and always will be a scam.
"Yes, another trial is needed for BLA. Whether STRIDE qualifies is another matter."
STRIDE missed its endpoints.This is similar to having a non efficacious AMPE woul be foolish to pair it with SPRING if they have a choice. The decision is whether to petition FDA to allow another study then fund it or not.
If HA sells over $1Bn for OA injections with a little improvement over saline how big a market would AMPE have, if it gets approval, with a drug as good as saline?
You're grasping at straws. AMPE arthritis treatment is dead in the water.
FDA is not going to approve a drug which did not meet its endpoint(s). When the control provides equivalent relief to the test substance that is the end of the test substance.
IMO, MM and Co. will not fund another trial but will look for ways to prolong their current positions while running out the last of the operational funds on other equally futile endeavors.
"35X our revised 2016 estimated non-GAAP cash earnings of $0.57 equates to roughly $20.00 per share. "
Un XL admits it never has and never will be able to make its mesh thingy viable for touch screens, then buys Atmels trash pile. At the same time it puts forward a massive dilution money raising sceam. If the above is based on 12 million shares that is no longer the case. Also consider that revenue without profit is a bank ruptcy looking for a place to happen. Texas is not nearly as favorable to BK's as Delaware. Look for manangement to start stufffing their pockets with new shares.
Expanding North American capacity, Chang Rim approaches first significant electriplast order aren't News?
For all of your butt hurt pride having invested here in the first place what you're secretly hoping for is an announcement of skcots.piker to a board seat, isn't it?
"Tomorrow is the last day of that 6th week".
They expected somewhere in the next 3 to 6 weeks. They might make it they might not.
If that's all you have to hang your dunce cap on you may as well re-don it and take your normal position in the corner while you wait for the pps to fall back below $.30.
Get your mom to pack you a BIG lunch.
"Bottomline, though, who wants to stake their product line (or career) on a company like ITKG - an outfit that runs in the red and is constantly on the prowl for funding for the next quarter?"
Reading between the lines, that would be companies who want the product.
"Jeff Hawthorne said: "Well, I mean, this was one trial."
Can't have percentile stats with one run.
Maybe what JH meant was out of the 10's of screens singulated and sent out to be integrated less than 20% were rejected?
" This implies that there are several yield data such as 85%, 88%, and 89% for different trials as an example."
No it does not. You are are trying to average percentages (%) thereby compounding the confusion you are purporting to clarify.
If 100 people take 10 item test and one of them gets 5 correct answers, another gets 4 correct answers, 48 people score 3 correct answers, 25 score 2 correct answers, 15 score 1 correct answer, and 10 get 0 correct answers then the person who scored 50% correct answers would be in the 99th percentile and the person who scored 40% would be in the 98th percentile, the people who scored 30% would be in the 50th percentile, those with 20% correct answers would be in the 25th percentile, those with 10% correct answers would be in the 10th percentile and those who got all of the answers wrong would be in the bottom percentile.
Lets say UnXL did 100 printing/plating runs. If the best yield they ever got was 45% that would be the 99th percentile. If the second best yield was 42% that would be the 98th percentile. If they had 18 yields between 39% and 30% and ALL of the other runs were below 30% yield the cluster of 18 runs between 39% yield and 30% yield could average out to the high 80's percentile.
If UnXL had 20 runs out of 100 with between 20% and 25% yields and 80 out of 100 runs below 20% yields the cluster of 20 runs would be in the 80th percentile and above.
If the CEO wasn't trying to confuse you he'd say, 'consistent yields in the high 80 percents'.
Call IR and pin them down on yield percent per run.
An integration yield engineer needs-
"Candidate must have existing 300mm HVM process integration experience including experience with circuits and devices, properties of materials, Yield Analysis tools, design of experiments, analyzing yield/electrical/parametric data, factory inline monitor data and product-process interactions. Must also have demonstrated skills in solving complex manufacturing problems; familiarization with JMP or other statistical analysis packages, model based problem solving, process trending, design of experiments, statistics and integrated problem resolution leadership. Applicant should also have skills in process transfer, process sustaining, and ramp to high volume manufacturing.
Candidate should have research or relevant job experience in areas pertaining to wafer fabrication such as electrical engineering, chemistry, chemical engineering, and materials science.
Knowledge of processing techniques (Litho, Etch, Implant, CMP, CVD, plating, plasmas etc), demonstrated problem solving capabilities, team leadership skills, yield engineering data analysis tools, and basic knowledge of semiconductor devices are required. Successful candidate is a team leader and can work well in matrixed and ambiguous situations within a factory to solve complex problems. Excellent listening, attention to detail, verbal and written communication and commitment to task are essential."
A problem solver.
percentile (not percentage) is-
Place in ranking of all other candidates. Say one of UnXL's problem solvers was right 4 out of 10 times and all of the others found a solution once out of 10 times but a Kodak engineer was right 5 of 10 times then UnXL's problem solver with a 40% correct yield average would be in the 80th percentile.
If I was long UnXL I'd feel a lot better if the CEO didn't use so many weasel words.
"Hey....just in case you missed it....this is 2015"
Dave,you noticed the current year! F'n amazing.
The clip is of their current holdings and notes when Appaloosa bought or added.
Maybe you can splain to your family just why you're averse to making money, they really WANT to believe in you.
"APPALOOSA PARTNERS INC
- As of 02/27/15, 07:52:48 PM: 39 Insider Transactions.
Buy/Sell* 1 Yr Return** Filed Date Subject Symbol Pct Owned Details
S 2014-02-14 16:00:08 GOODYEAR TIRE & RUBBER CO GT 4.92% view
S 2014-02-14 15:59:05 BEAZER HOMES USA INC BZH 4.68% view
B 61.19% 2013-02-14 16:11:25 US AIRWAYS GROUP INC LCC 7.43% view
B 21.24% 2013-02-14 16:10:09 BEAZER HOMES USA INC BZH 5.16% view
S 2013-02-14 16:09:12 MPG Office Trust MPG 7.17% view
B 90.12% 2013-02-14 16:07:42 GOODYEAR TIRE & RUBBER CO GT 5.86% view
S 2013-02-14 16:06:47 Mueller Water Products MWA 4.94% view
B 0.00% 2013-02-14 16:06:17 WMI HOLDINGS CORP WAMUQ 8.47% view
S 2013-02-14 16:05:01 CVR ENERGY INC CVI 0.0% view
Looks like a 'B' next to WMIH, whatta you reckon that means?
If you do your homework you can also check out the "view" link. Takes you to the SEC txt page.
" Now imagine a solar panel farm with ALL UNXL film."
UNXL makes photo-voltaic film !?
F'n unbelievable but you never know what the congenitally ignorant will fall for.
Look what happened today based on this-
"Given the preliminary yield results, the company plans to utilize the existing mechanical roller based plating line at the Kodak facility to advance its all-in-one program and fulfill ANTICIPATED initial commercial shipments in the second quarter of 2015. Production will be transferred to the other plating line once it has been fully modified and qualified with touchless web handling. The remaining mechanical roller-based line will then be upgraded so that the web transport on both plating lines is fully touchless."
THERE MIGHT BE SOME ORDERS COMING.
"Our goal over the next several weeks is to finish modifying one of our operational plating lines to make its web handling completely touchless and to qualify the roll-to-roll yield. We are targeting completing this activity during the second quarter of 2015."
We MIGHT be able to get our production line to handle them if they do.
Tappity tap tappity tap, tap-tap, tap tap tap dancing away.Thanks coach Tomz.