Relocation Risk

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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Relocation Risk

posted on May 24, 2014 02:57PM

I believe this is a good thing as UConn has a vested interest in us now and will do their utmost to keep the good Dr. happy.

The Company’s research and development activities are carried

out at its lab facilities located at the University of

Connecticut. Any relocation from this facility whether by natural disaster or other reasons may adversely and

materially affect the Company’s ability to continue its operat

ions in the short to medium period. The current facilities

lease expires on March 31, 2015. We are currently negotiating an extension to this lease.

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