Roughly $8 million is available from exercisable in the money options. Options exercised increase the option pool by the equivalent.

54-40 this is a biggy

“During the third quarter, we made extraordinary progress on our product development efforts on the Optical Interposer platform, and in several instances, exceeding our own internal performance metrics,” said Dr. Suresh Venkatesan, the Company’s Chief Executive Officer. “We intend to release this data publicly once we have collected additional data from our product tests with potential customers"

Looking forward to the test data. Again I am pleasantly surprised that it will be made available.

There was a comment here recently to  the effect that "we need more than statements about how good  the platform is we need  hard data.

This in my opinion is a good  indication  that managment is listening.

One of my recent suggestions for management was to provide a demo for the investment community to show what the technology does (a video). Sharing test data is definitely a good bottom line and I know it will be presented in  a way that will  allow people to  understand the significance.