“We’re on schedule to file patents and announce these new technologies next quarter."

“Due to increasing Flash-R and new IP-related activity, and the expected timing of material events related to new business developments, we will hold our next meeting of stockholders in February,” concluded Falk.

We are all aware that the above has been in the works since before last February, when it was first mentioned by management in a company PR, February 2010.

The R&D in the 10K did not indicate any significant funding for any new technologies, so one may conclude that the material events involve a signficant new business relationship with a notable partner....one that can attract significant new investor interest.

At least management has given all a heads up well before the fact and when the pps is at historical lows.