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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I could be that the plan was to sell short today, then exercise the warrants and cover with those shares.  Hard to say, but financing developmental companies is tough.  Much creativity needed.  Or luck - and we know we have none of that.

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