Just revisited my post from 4 years ago when we had been waiting years for Sanofi to sign a supply agreement - every second sentence from AS's mouth included Sanofi's name until Unilife were told not to use their name without permission
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"If i could look at Unilife with no financial attachment I wouldnt touch it with a barge pole - the promises, the same spiel quarter after quarter.
Top Pharmas knocking door down, yet we appear to have to give away samples for trial or perhaps wait until the European school holidays are over before their executives just might give us a moment of their time. Oh and by the way dont mention our name unless we give you permission.
We are surely the poor relative.
A second Unifil line MAY be considered "ïf it is in the interests of the company" so for the time being it is a maximum output of 60 mil pa innovative, game changing, company making, magic, WOW factor syringes.
Our unitract was to be marketed in America India China and Taiwan now it is being shelved as unprofitable. All those nurses who signed the Safety in Common pledge sponsored by Unilife will have to put up with an inferior general use needle.
We lease a factory in PA and 12 months later build a football size factory with half a dozen empty clean rooms .
Two years ago we were going to double employees but then we retrench 50 or so. No cap raising then we have 2 in 12 months or so. There is a lot of weird stuff being posted on another forum but one wonders if there is smoke there is fire. All my other stocks are down too but that is the general market sentiment - Unlife is due to over promotion and under achievement.
I could have sold and retired 3 years ago when the SP was well over $1 but i believed (and yes got greedy for a higher price) and now I cant afford NOT to believe.
I would be more than happy to be patient if I could believe something AS says may eventuate before the goal posts change again. I am not frustrated with anyone but myself but I was sold a dream and given a nightmare.
PS If Sanofi sign tomorrow i will I will deny i ever posted this "
Unquote
Obviously Sanofi didn't sign the Company making agreement. Hopefully this new "partnership" will be more fruitful
UNS Price at posting:
7.9¢ Sentiment: Hold Disclosure: Not Held
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