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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From PNP's MD&A. As we know, many companies like to put their fine print in the MD&A, when the information may not be perceived as overly positive...

On April 30, 2015, the Company announced that it would redeem an additional $10,000 principal amount of the Debentures on June 5, 2015 (the "Second Redemption Date"), in accordance with the terms of the indenture governing the Debentures, on a pro rata basis, at par, together with all accrued and unpaid interest thereon up to but excluding the Second Redemption Date, for a total redemption amount equal to $10,014, the cost of which will be funded from available cash from the disposition of investments subsequent to March 31, 2015.

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