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UNS unilife corporation

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19/04/17

09:58

Post #: 24132957
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Originally posted by Unifollower ↑

The aim of this site is to list anything that stand out as to be of assistance to future lawsuits-
This is a new era where all interested parties can research and help lawyers gain justice for shareholders. Never before have SH had this opportunity.
SH aim would be included in the survival of the company. To make management, lenders, financiers and other key stake holders know that SH require redress and considering the small amount of money involved as against the risk of years of protracted litigation with possible huge redress.
The patents of the intermittent windscreen wiper function was ignored and nearly all manufacturers used it illegally resulting in a $60 lawsuit win.
This will far surpass that litigation risk-
If possible please link source of concerns-
- The illusions by management- We were told headquarters for sale- then perhaps not- Were they? Did UNIS have offers that were rejected?
-Position vacant were being repeatedly advertised when management knew that they were approaching bankruptcy.
-Insiders trading or short trading? -Source of illegal payments received by insiders that have not been accounted for. Insiders transferring shares to Superannuation funds, raises the question of whether those shares were traded or not.
-What was the source of the knowledgeable short trading. Large trades were made on the ASX before official announcements?
-Other senior ex-staff that were not classed as insiders- did they use privileged knowledge to trade or short trade
-The strategic relationship between OrbiMed and Amgen.
-Lender having observers at board meetings that stymied independence of board to act on SH behalf and assisted Lenders interests and strategic alliances.
Are Amgen, Sanofi and Orbimed acting as honest brokers?
-The announcement that specialist had been employed to raise money when Lender had an embargo on such action without their permission.
-The money raising embargo extended until April 30, just after Chapter 11 declaration. The company and the lender knew that the companies money was running out before April 30.
-Key customer places project on hold that company says will effect on going concern and money raising- Who was that key player?
The smallest amount of money needed to allow company to continue trading and still management saying that company has a good chance of surviving- Apparently not Shareholders.
- Sanofi's position? How do we owe them $10 mil and do they hold liens over patents that have not been declared?
- The aged equipment that has been written off- Scrapped or just hidden?
Many more questionable events that I will research from my previous historical post and add.
These are only questions to be answered and imply no wrongdoing

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I would like to place on record an Official prepared statement that was issued at the 2014 AGM stating that the UNIS Wearable capacity would be between 10 -15 mil by June 16.
This has not been corrected or accounted for by UNIS, with its new ethical management.
Many of those directors at the time are still at the helm of UNIS.
Also around Feb 15? UNIS stated that they had sufficient funds till June 16 when in fact they were not paying bills by Jun 15 and yet they were still claiming that they had sufficient funds thru till Jun 16. Again UNIS directors during this period are still employed.
These are areas that US lawyers may find helpful in litigation.
i am not alleging any wrongdoing

UNS Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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