“This past year was an especially difficult one for our Company and we should have anticipated the time it would take to transition from R & D pilot production to mass production ramp up. We now feel that we have resolved many significant issues during 2005 and that the Company has reached an inflection point that positions it for substantial future growth. Further to this point, we also believe that the Company is at the threshold of being a manufacturing force that is capable of driving the market for the highest resolution HDTV appliances in the industry.”
