Dear Shareholders, Once again I would like to start by thanking you for visiting my blog and for your interest in 3DIcon. From time to time I use this platform to answer some of the many comments, questions and inquiries we have received from our stakeholders. While I cannot answer every one individually, I plan to utilize this blog to answer as many questions as I can, consistent with compliance with the securities law requirements. Question: As the Company’s largest shareholder, what percentage of the Company’s outstanding shares would you own on a fully diluted basis? I have been a significant investor over the past several years, including $265,000 invested in the most recent $400,000 capital raise to take out some onerous debt. With the exercise of options and warrants, my holdings would represent about 30% of the outstanding shares of the Company. I believe in the future of the Company and I am a long-term holder with no immediate plans to sell my holdings. Also, as previously disclosed, I am compensated by the Company solely in equity (i.e., no cash compensation other than modest expense reimbursements). Question: Can you provide more information about the pathway to revenue, licensing/royalties and how we will secure customers? It is important to understand that our current plans do not contemplate that the Company will ever be selling a product to a customer. Our technology is designed to be part of a display system that will be developed by others. That is why we continue to seek partners, such as the recent Joint Development Agreement (JDA) signed with Schott Defense, to assist us in this process. We intend to be the next generation of display technology, and to replace in certain applications the current two-dimensional screen used to view MRI’s, Air Traffic Control, scanned baggage at airports, etc., with a volumetric display that shows the object in full, true 3D. So we seek to partner with, among others, companies that make those two dimensional displays now and jointly develop the next generation of display technology. We will seek to receive upfront fees and licensing or royalty fees on all units sold that contain our technology. In the meantime, as we develop and further patent our technology it is possible that a potential partner may pursue acquiring our technology or the Company itself. We also continue to review other opportunities for joint ventures, mergers or acquisitions. Question: In your shareholder letter you mentioned the “former value” of the company and that the Company was now better positioned to return to that value. Could you explain? Approximately two years ago the Company had a market cap of nearly $75 million, a value that we had no reason to believe was not a reasonable reflection of the value of our technology and of our prospects at that time. For the reasons outlined in earlier communications (DTC chill, onerous financing, etc.) the stock price, and consequently the market cap, of the company dropped dramatically. With the removal of the chill and the onerous financing, we believe the Company is well positioned to return to a more realistic (and higher) valuation. Some movement has already taken place, with the market cap increasing 5 fold over the last 60 days. We believe the additional personnel moves, our pursuit of federal funding, and the first JDA in place with Schott Defense will all contribute to moving the Company’s market cap up, perhaps to its former level or higher. Question: Does the Company intend to do another reverse split? The Company has no intention at this time of effectuating a reverse split of the stock. However, recently announced new regulations from the Over the Counter Markets (OTC) regarding new criteria and fees for being listed on the OTCQB (companies required to file with the Securities and Exchange Commission) (see http://www.otcmarkets.com/content/doc/otcqb-fact-sheet.pdf) may cause us to revisit this decision. These new regulations will require as a condition to our continued listing on the OTCQB (rather than on the “OTCPink” for lower tier companies with variable and less stringent reporting requirements) that the Company’s stock must be above $.01 in at least one of the previous thirty days. These new requirements will be phased in over the next year and will be fully in place by April 30, 2015. While we believe the Company is on the right path and that shareholders and investors will recognize that and reflect that success in the market price, the Company of course reserves the right to make decisions based on changing market conditions and regulatory requirements. Question: Why did the Company flood the market with 50 million S8 shares? The S8 registration for 50 million shares just made the stock available for the Company to use if needed. S8 stock can be used to provide remuneration to vendors, suppliers, consultants and others as payment for services in certain circumstances. Those shares will not get into the market unless they are used in that manner. At this time, nearly all of the 50 million shares remain unissued “Treasury” shares. If you would like to submit a question for a future blog post please feel free to leave a comment below, send us an email, or a message on one of our social media channels (Twitter, LinkedIn, Facebook, or Google+).