Well, I am more comfortable that UNS will survive.
It seems that the big pharmas are backing the W/I process, and from that program UNS will achieve the sales and marketshare it requires, to generate cashflow and growth.
We just have no bleedin' details - so none the wiser.
But from the statements made I am confident. A lawyer simply would not make those statements.
Also the new directors would not have joined up - because they are industry professionals, who simply would not join the board of a coy which did not have a future. why would they put themselves in personal jeopardy? They wouldn't.
Also they seem to have no issues re funding- if there was a funding issue, they would HAVE to make that clear in the CC. Omission would not be their saviour.
So I think UNS has a bright future, we just need to be patient and let the development and sales process progress.
cheers
UNS Price at posting:
6.2¢ Sentiment: None Disclosure: Held