Kopin Corporation (KOPN)

[Milesblue42]

Nice News Today!


http://www.marketwatch.com/story/kopin-completes-sale-of-korean-assembly-facility-for-approximately-81-million-2016-06-15

“This sale further strengthens our financial position ($90.9 million in cash, cash equivalents and marketable securities and no debt as of March 26, 2016) while reducing some remaining operating expenses at the facility,” said Dr. John C.C. Fan, President and CEO of Kopin. “Our strong capital base is key to executing upon our strategy in wearables as we move from development to partnerships and sales. For example, we recently began marketing to avid cyclists our augmented reality Solos™ eyewear which includes our patented Pupil™ optics.”