Yes, the fundamentals have not changed, and there are still no sales contracts! This is despite assurances that they have been in talks for the past 24 months with multiple major pharmas!
This product is continually touted as being best of breed and a saviour to the health industry from accidental needle pricks. Then why are pharma's not swarming all over this and initiated some sales contracts?
Perhaps AS is finding this a tougher sell than he is making out, I dont know.
Truth is that UNS still has major potential in generating some major revenues. The SP can still rocket into the stratosphere. However with each passing month without any major sales contracts the ability of UNS to convince its shareholders that this is case diminishes.
UNS Price at posting:
52.0¢ Sentiment: None Disclosure: Held