"The Company has scheduled its Molecular Beam Epitaxy (MBE) to be shut down for cleaning and maintenance for a period of approximately 6 weeks after completing Milestones 5 and 7. After restarting the MBE, the Company expects to complete Milestone 8 and, accordingly, the timeline for the completion of this milestone has been moved to the first quarter of fiscal 2014. "

When these guys were laying out the expected completion times of the remaining milestones in late summer, did they not anticipate any of these things???? They have not met one milestone in the quarter they predicted because there keeps being all these other factors which they failed to identify ahead of time. How could they not know they would need a cleaning and maintenance period (that lasts 6 weeks!!!) to achieve 100nm? They said they have identified how to get down to 100nm. It was supposed to be done already !!!!

This is extremely poor planning in my opinion and does not instill confidence and trust in what they say. I am starting to lose count on the number of delays and shifts in timelines that its not even worth the effort to get frustrated over anymore.

The news release was fairly well put but to me it screams late 2014 instead of in the next 4-6 months and more dilution potentially! These gains are a consolation prize and would love to be wrong, but doubt they will hold.