It seems apart from Rakan everyone else both current and former that have been involved in this company have added no value to the business whatsoever. It was constantly mentioned this was a lifestyle company but that notion was always rejected by many. The company has what it seems is a great product however it’s the people that make it a success and right now no one wants to back the people running Unith and the numbers back that up 100% Its embarrassing that other start ups that aren’t listed seem to attract way more capital than Unith does even though many so called professionals will tell you that one of the advantages of a publicly listed company is access to capital. Unith is clearly an exception to the rule in every investment metric possible. At least Matthew Blake had skin in the game and backed himself with an investment in Unith that has probably far exceeded that of all the board and management post his exit. Looks like the company gets rid of all the wrong people and the investment community can see that very easily.
UNT Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
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