JMHO but common sense tells me that Reed and Peter were let go because Unxl said it would ship in Q4 and it did not. If you are a CEO of a public company and you make a statement that you are going to ship at a certain time and you do/will not ...then you need to inform the shareholders of such events.
Now that these guys are out, and the sp remains steady, hopefully the BOD can deliver some positive news and catapult this a bit higher. If not then an honest update on the operations and the plan should help stabilize.