UNS 0.00% 0.5¢ unilife corporation

New 8-K: termination agreement with an equipment supplier, page-13

  1. 215 Posts.
    William, since there are very little in the way of details it seems likely that they are saving themselves money rather than getting into another lawsuit. If you ask me the longer that Ryan can keep the company going without filing BK, the longer he gets a paycheck. He got a very nice big bump in pay and a really big bonus. He hasn't done much to inspire confidence in getting this business rolling. After all the hullabaloo about impropriety by the former CEO amounting to a whole lot of nothing but wasted time and additional bills, we are still sitting here waiting to find out what's going on. If they had material business events even without filing their results they are obligated to announce them. So to that end, if they made deliveries of product, any product they should have made an announcement.
 
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