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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Message: IIROC discussion

I realize that the halt indicates that it was made at the Company's request but in reality the Company probably got a call from IIROC to inquire on what they would have deemed irregular trading from last Friday which continued first thing Monday morning.

They would ask very direct questions to determine if there was any undisclosed information that could be of a material nature. The Company or any company for that matter would not dare hold back if there was something cooking and if nothing is really cooking (ie the Empire Club event) trading would continue as it did when we ran to $2.87.

Once IIROC understands what is being negotiated, discussed or about to happen I believe they would strongly suggest that a halt would be appropriate and give the Company the opportunity to provide instructions to that effect. So the halt being at the Company's request while true, is to a very large extent, IIROC putting words in the Company's mouth.

And, once a news release has been formulated (which may include both parties, if applicable) IIROC must give their blessing to its content. Like it or not, they are the gatekeepers of a level playing field and they make the rules.

Spoken from some direct exposure to the process in a former life. Things may have changed since then but probably not too much.

By the way, suspense is killing me too

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