Ann: Ceasing to be a substantial holder, page-58

That was what I have been told 4 years ago, we pour in millions of dollars into the IPO to "debottleneck" the production of Cfoam. And, it turned out we can't even produce the Cfoam properly and most of the produced ones are not usable. Even the small number of usable ones were sold to Touchstone Lab at "mates rate". From there, they turn it into the so called aerospace/military appliances.

$3.2m might be a huge amount for you and me, but for DOE. It is just small fries and worth a punt.

I am not here to argue who is right or wrong. But to keep everyone informed about the company and products.