Writer, I don't think anyone of us would be lining up for a deal like that.
Anyone who thinks that UNI is only worth 45 cents or so, needs to read the recent announcements and then take a reality check!
Unfortunately if the MedPro blood collection device deal doesn't go through, a lucrative source of near term revenue will be lost.
Also UNI will have to pay back $3 million plus 7% interest.
That may throw a spanner in the works short term.
The $16.4 million thats expected at the end of this week is a different story though. I hope they haven't already spent it!!
Go UNI !
dino
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