Valdor has a unique breakthrough technology in fiber optics. In early 2000, when technology projects enjoyed unprecedented popularity, the Company's stock price rose from $0.30 to $14.00 in less than two months primarily on the strength of R&D and potential. This R&D is now complete and the technology is ready for market. The Company is in production and has modest annual sales of about US$300,000. The vast majority of high-flying technology companies of the 1995/2000 era no longer exist; Valdor has not only survived, it has grown past the R&D stage, as a new-generation technology company, and is progressing on the continuum to profitability.