This from CVV's December 31, 2006 10-K about the First Nano division expansion plans:
In the fourth quarter of 2006, an internal decision was made to
significantly broaden the First Nano product line and pursue a
significantly larger share of the R & D market with additional
equipment platforms under the First Nano brand name. We have
begun to market, quote and manufacture these products. In the
second quarter of 2007, we plan to ship the first model of a new
series of products intended for the R & D market. We feel
comfortable we will be successful with the multiple new products
to be offered as their design is based on building blocks we
have used in previous systems over the years.
To support the increase in our existing product sales and the
development and sales of the new First Nano products, we will
need to increase our manufacturing capacity, hire additional
personnel and expand our advertising, trade shows and marketing
capabilities. Additionally, our First Nano laboratory is being
expanded with additional laboratory test equipment and the new
First Nano products for demonstration to help us stay in the
forefront of carbon nanotube and nanowire production.
