I don't have a very positive read on UNS anymore. I still hold out of interest and want to be proven wrong, but any company that raises capital to go and burn on other projects only partly funded by customers is playing a very risky game.
Their R&D cash burn is far too high for my liking. It's the same talk as always, "our customers value and want our products" yet they are always going to market to ensure they have enough cash to burn on the next project.
More than ever I am placing a load of faith on the patent extensions, but I have not yet guessed/looked at the range of products that may be affected in the SA family and when their patents expire. Work back 24 months from expiry and perhaps we get a better idea of when the likes of SA will (if) sign up.
I read "40 current and potential" companies. How many current do we have? That means we have loads of potential, my concern this is divorced from the reality of what is required to be a viable long term business.
I would like to read an announcement from UNS that uses accurate language. Less of "potential, some customers, various stages of development cycle"
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