From the company’s last PR:

“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.

It’s safe to say the material events FF is talking about will be positive events for the company and its shareholders. They wouldn't be forecasting adverse material events months down the road given their reference to new business. Next six months are going to be exciting IMO.

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Material event - News or details that may reasonably be expected to affect a company’s stock price and thus decisions that investors make about buying or selling the company’s stock. Material events may be the addition or loss of a large customer, falling or rising sales, a merger agreement, financial results above or below expectations, or a change in the company’s dividend policy. Material events must be disclosed to the public and to the Securities and Exchange Commission in an 8-K.

http://invest.yourdictionary.com/material-event