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Richard X Roe

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  • An Update Of Uni-Pixel's Production Status [View article]
    kcchris: Nice take, but the facts are different. Intel initially put this in the presentation:

    "Uni-Pixel finally started production of their roll-to-roll printable copper metal-mesh in 2Q-2014."

    Now, the above statement is obviously false, so UniPixel was forced to object to it. But if UniPixel knew that production was about to start in 3Q or 4Q, UniPixel would have said: "Hey, Intel, you got it wrong again - it is not 2Q, it is 3Q (or 4Q). Please change your presentation with the right quarter, or our investors are going to pester us again!" Instead, UniPixel told Intel that production has not started, period. That is why Intel has no clue when production will start. In other words, production is not going to start in 2Q, 3Q, 4Q or in any foreseeable future. And Intel is quite angry with UniPixel right now.
    Jun 17 09:39 PM | Likes Like |Link to Comment
  • UniPixel -8.7%; SA author skeptical of manufacturing progress [View news story]
    aoa: Really? Which conference call might that be?
    Jun 17 09:29 PM | Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    Lawman496: What does Kodak know about making touch sensors? Kodak already let go of engineering talent that worked on the UniPixel/Kodak project.
    Jun 17 04:03 PM | 1 Like Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    Sagamore11: Can you please show me INTC's confidentiality agreement with UNXL that prevents it from sharing UNXL's non-public information? Or at least tell me how you know that such an agreement exists! Because INTC is quite open that UNXL told INTC earlier this month that production has not started. That fact is not confidential information, as far as INTC is concerned, nor should be. Moreover, if the failure to start production was material non-public information, then UNXL would have been required to make a prompt disclosure, and UNXL did not make such a disclosure. So, I and you should safely assume that the fact that UNXL has failed to start production again is not material or non-public information.

    The information I received from INTC is genuine and comes from a senior INTC employee. UNXL explicitly told INTC that touch sensor production has not started. The information INTC received from UNXL further caused INTC to state to me that INTC now doesn't know when production will start, if ever. Period.

    I think UNXL management knows very well what it will be said on June 25, so you are wrong that nobody knows what would be said there. At least one person, a SA contributor Small Cap Machine - http://bit.ly/1pFZQN2 - expects that production has already started. He is, of course, mistaken, as UNXL told INTC earlier this month that production has not started.

    The reason why UNXL management is delaying telling the truth to investors is obvious - the truth hurts. Production has not started. Just another delay. Your anticipation is unwarranted, given what UNXL told INTC.


    Jun 17 04:00 PM | 1 Like Like |Link to Comment
  • UniPixel -8.7%; SA author skeptical of manufacturing progress [View news story]
    Buysider2: Your questions and concerns have been addressed here: http://seekingalpha.co...
    Jun 17 03:36 PM | Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    Lucky: Not true. On June 25, Uni-Pixel will likely report that while progress has been made, just like in every quarter in the past, it has failed to start production. Since both Uni-Pixel and its manufacturing partner, Kodak (KODK), had previously anticipated that the start of the manufacturing ramp for the sensor product line would occur in the second quarter of 2014, with commercial production scheduled to begin by July 1, a failure to start production would simply be admission of another delay.

    There have been many special calls like that. Apparently you missed the WFG series of calls last year.

    The new CEO, as I have shown in the article, has been less than truthful with investors. For example, he claimed in May that tablets, especially small tablets, were a growing market, when in fact they weren't in the quarter that had just ended. He also claimed that Diamond Guard is super-hard, when it is quite soft, in fact. He also kept the CTO around - the same CTO that told investors in March last year that roll-to-roll plating has been fixed. Finally, he claimed that UniPixel is an innovative company, while I have shown two expired 20-35 year-old patents covering the same technology.
    Jun 17 03:32 PM | Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    Buysider2: The purpose in publishing this article is to get it read. What is the purpose of your questions? The company could have made the disclosure that production has not started on June 5 (or when it told Intel earlier that week), instead, the company decided to keep investors in the dark until June 25. Does that make you happy as an investor?

    The substance of this article is TRUE and CORRECT. If you have doubts, you can contact INTC or UNXL or wait till June 25. Maybe I shorted all I needed at $9.20 last week?

    UNXL has the ethical responsibility, but not a fiduciary duty, to disclose a "non-event" such as the latest production failure. Since UNXL has repeatedly failed to start sensor production since 2010, another failure is not really a material event that requires prompt disclosure. And that is why June 25, instead of June 5. I don't count the false announcement in April last year that production and shipments had started (the SEC is investigating it).

    I am not sure that UNXL is still working with Kodak and vice versa, given that engineering talent working on the project has been let go. And we already know how INTC got into hot water by presenting false information, which it had nowhere to get from but from UNXL.

    If UNXL had anything positive to say by September 4, it would have confirmed attendance at the upcoming conference.
    Jun 17 03:26 PM | Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    Nomo123: INTC is not overstepping any bounds. It was UNXL's miscommunication that caused INTC to put false information into a tutorial presentation. INTC is simply disclosing what UNXL told it after the "incident." The fact that UNXL has failed again is not a material non-public information as far as INTC is concerned. In fact, it should not be a surprise to anyone who knows anything about UNXL as UNXL's touch sensor product has been a failure since 2010 - read this - http://seekingalpha.co... .
    Jun 17 02:08 PM | Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    Nomo123: If UniPixel had started production or was about to start anytime soon, why would UniPixel decide to forgo the opportunity to tell the good news to potential customers and potential investors? Computex Taiwan is the industry show where OEM and ODM companies go to find potential suppliers by looking at the products first hand. If UniPixel had a functioning product but kept it secret, how are those potential clients going to learn about it?
    Jun 17 02:03 PM | Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    Nomo123: I have a proof (in the form of a digital record) that UNXL told INTC directly earlier this month that production has not started. I also have a proof that, based on UNXL's feedback, INTC no longer expects that UNXL will start production anytime soon. No flaw in my logic, I am afraid.

    The indirect evidence I have presented further supports INTC's view that UNXL won't start production in July, August, and September.

    Of course, instead of asking INTC or UNXL, you are welcome to wait till June 25 to learn the truth.

    By the way, the fact that UNXL has not started production and is not about to start anytime soon is in no way material non-public information, as far as INTC is concerned.
    Jun 17 01:58 PM | Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    libertyfree: Not true. UniPixel's co-CEO (now simply a Director) stated in early January (sometime between January 6 and 15) that touch-screen commercial production was scheduled to begin by July 1:

    "Although Yankowski admitted that it is challenging to get the manufacturing facility up and running to produce working touch screens, and UniPixel is still "fine-tuning" its production process, he holds that the first touch-screen commercial production is scheduled to begin by July 1."

    I provided the link - http://bit.ly/1jwuiSg - in my article.

    So you have been misinformed about when production was supposed to start.

    June 5 is important, because on that date UniPixel decided to keep investors in the dark about the fact that production has not started, and instead scheduled a call for June 25. Intel was told directly by UniPixel that production has not started, and Intel now has no idea when UniPixel will start production, which means that production is not going to start anytime soon.
    Jun 17 01:32 PM | Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    BenRab: If you have doubts, you should address them to UniPixel. UniPixel, after all, is a public company. It is not clear to me why the shorts need to cover before June 25 if UniPixel told Intel earlier this month that production has not started (it was supposed to start by July 1, according to UniPixel's then co-CEO and now Director).

    I am not playing a game, UniPixel is. UniPixel had the opportunity to tell the truth to investors on June 5 (the truth that production has not started, which it told only to Intel). Instead, UniPixel decided to keep investors in the dark until June 25. If I were lying, why isn't UniPixel suing me?
    Jun 17 12:27 PM | Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    BenRab: Again, I will post my digital record if UniPixel publicly denies the truth. When is a good time to "bash," in your opinion? The stock went to $9.30 last week - maybe I was shorting quietly then?

    If everything is so clear, then why ask all those questions? Maybe you should be buying quietly instead, while thanking me for my article.
    Jun 17 12:13 PM | 3 Likes Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    BenRab: I will, if UniPixel publicly denies telling Intel earlier this month that production has not in fact started.
    Jun 17 12:01 PM | 1 Like Like |Link to Comment
  • An Update Of Uni-Pixel's Production Status [View article]
    Nomo123: A senior employee of UniPixel's eco-system partner says now that he doesn't know when UniPixel will start production, and is unwilling to guess after the incident that led to the wrong information about production start in Q2. That means, UniPixel is not going to start anytime soon. The failure to register for the September 4 conference supports that fact - no production in July and August and September. No guessing and no mincing.
    Jun 17 11:04 AM | 1 Like Like |Link to Comment
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