Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Here is the beginning of the report. "During 2012, the Company loaned $100,000 to Leon Pierhal, President and CEO of the Company. Pierhal agreed to repay the full amount of the Indebtedness by a reduction or offset in the amount of remuneration payable to him from $252,000 to $185,000 per annum and the amendment of terms of his employment agreement (the “New Contract”). "

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Derekwpg

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