This is something to digest.
We may be unable to export our potential products or technology to other countries, convey information about our technology to citizens of other countries or sell certain products commercially, if the products or technology are subject to United States export or other regulations.
We are developing certain polymer-based products that we believe the United States government and other governments may be interested in using for military and information gathering or antiterrorism activities. United States government export regulations may restrict us from selling or exporting these potential products into other countries, exporting our technology to those countries, conveying information about our technology to citizens of other countries or selling these potential products to commercial customers. We may be unable to obtain export licenses for products or technology if necessary. We currently cannot assess whether national security concerns would affect our potential products and, if so, what procedures and policies we would have to adopt to comply with applicable existing or future regulations.
“We consider Gigoptix, Inc., as our primary competitor. They have designed and patented potentially commercially feasible electro-optic polymers and hold an exclusive license to all electro-optic polymeric technology developed at the University of Washington.”
I contend this is why Opsys moved from Washington remember the sponsors were USAF and Intel.
Note the word Polymeric above and below.
In December 2009, we filed our sixth patent application. The provisional application covers stable free radical chromophores for use in Non-Linear optical applications. The new polymeric electro-optic material has enormous potential in spatial light modulation and all optical signal processing (light switching light).
University of Delaware
The Department of Electrical and Computer Engineering and its facilities, clean rooms and electro-optic device fabrication is under the guidance of Dr. Dennis Prather. His focus is on both theoretical and experimental aspects of active and passive photonic elements and their integration/demonstration into functional systems. Their research team is focused on solutions for the most complicated areas of interest to the US Government, which includes, nano-photonic devices, solar cells and imaging systems. Their team has also utilized and produced working polymer modulators under the sponsorship of the Air Force Research Laboratory in Dayton, OH.
No bad news (except for Fred passing, he was VERY sick). Someday I have a funny story that I’ll relate about something that he did.
Nothing about a going concern. It looks and reads to me like Tom or Joe rewrote the entire K, I could do a compare but I don’t feel like it. As of the end of the year we had enough cash until April 2014, They’ve added 1 Million – 200k per month burn (5 months) plus future LPC taps and warrants exercised should bring us to the end of 2014 or into 2015 easy so I don’t think we need to worry about money, Well the call should be interesting; I’m still hoping for some kind of an announcement before the call, if so 2 bucks.
Stay Tuned
