One product focus - tablet for a customer, the last challenge is now plating

Looks like the substrate smoothness and printing issues have been solved.

Now working on the next step: roll-to-roll plating

Instead of working on several applications (smart phone, tablet, all-in-one, etc.) they now focus on a single application: tablet, because several customers are interested and the market is attractive.

A development customer is fully involved in the product development. The tablet size and price were not disclosed.

The development customer has their own touch module integrator working with them.

SEC inquiry is tracking SEC's own timeline, no idea when they will end.

My guess- the initial product qualification has been successful. Now working on the yields and some engineering issues which should not take long. They have 6 weeks or so to resolve.

Note - they now talk a modest production target and then ramp up, not like the former CEO. A conservative approach toward a successful product launch.

Single product focus and joint development effort engaged with a customer is likely to be efficient and fast.