date:May 22, 2014
ast majority of our revenue to be produced from commercial orders.
Effective on May 16, 2014, the Company exercised its right to sell an Additional Senior Convertible Note to Nomis Bay Ltd., a Bermuda company with an initial principal amount of $600,000 for a purchase price of $600,000 as part of the definitive securities purchase agreement entered into with Nomis Bay on March 3, 2014 and disclosed in the Company's 8-K filing with the SEC.
The proceeds, net of certain fees and expenses, will b