ITEM 1.01 Entry into a Material Definitive Agreement.
On May 15, 2014, the Company entered into an agreement with Opticwash, Inc. to manufacture 1,000 Opticwash Self-Service Eyeware Cleaning System machines. The agreement includes a “value engineered” redesign of the Opticwash prototype machine which the Company will begin work on immediately. It is anticipated that the 1,000 machines will be completed within 12 months following approval of the prototype.
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