kay. And final question, you had mentioned earlier in the year, a development project with, I guess, a company called Visualant. I am just curious as to where you stand with that. Had you gone further or what you need to do to – I think you have mentioned you had a customer, in fact, who could complete the products. So can you just take us through where you are with that?
Bill Roof
We are moving ahead with Visualant. We’re doing it slowly, so we can conserve cash. We’re controlling our expenses. The deal we have with Visualant gives us lots of time to build the product. We’ve been doing our market research. We have multiple customers now who could use this product, all the way from the federal government down to individual stores or credit card providers and so forth. So we are in the product definition phase right now. We are defining what the product needs to look like, how it’s going to be implemented. There is going to be a form factor that we have to design and we have got some designs on the drawing board right now for the device that actually reads the chemical tag-ins. So that’s all progressing and it’s progressing at a decent pace, and it’s not costing us much money at all, the way we are going right now.
Anthony Marchese
Final, final question, could you just briefly take us through how that product works?
Bill Roof
Sure. The Visualant product is – they call it, we call it ChromaID. Every object in nature and every object in the world has a chromatic response. So, if you shine particularly light pattern, different frequencies, etcetera, added it will return a unique signature. And what we are looking at are some government requirements to make sure that, for example, military ID cards and visitor passes at bases, etcetera, are – have built-in counterfeiting – anti-counterfeiting technology. We believe Visualant is perfect for that because we can produce ID cards and visitor badges that have a unique chemical tag-ins built into the paper, the plastic that returns a unique signature, and then we can shine a light at it and get the signature back. We can tell whether that’s fake or real. That’s a real fundamental description of how that works, but that could be worked – that could work for passports. It could work for currency. It could work for ID cards. It could work for credit cards, driver licenses. It has a wealth of uses out there.
