Api nanotronics. API Nanotronics Receives Order From Major U.S. Defense Contractor

API Nanotronics

api nanotronics

The management approach designates the internal organization that is used by management for making operating decisions and assessing performance as the source of the Company’s reportable segments. Department of Defense directly and through subcontractors accounts for approximately 71 percent and 73 percent for 2008 and 2007, respectively, of the Company’s revenue. Selling, general and administrative expense Selling, general and administrative expenses include: • Compensation and benefit costs for all employees, including sales and customers service, sales commissions, executive, finance and human resource personnel, • Compensation related to stock-based awards to employees and directors, • Professional services, for accounting, legal, tax, information technology and public relations fees, • Rent and related expenses, • Restructuring charges related to the consolidation of operations, and • Research and development expenses related to the development of next generation nanotechnology based technology and expenses related to developing next generation product through all product lines. Immediately prior to the closing of the Plan of Arrangement, Rubincon had 200,033,360 shares of common stock outstanding. This must be done through the use of high-technology miniaturization, allowing components to do more, in smaller formats that consume less power. The credit is secured by all of its assets pursuant to a general security agreement and is guaranteed by the Chief Operating Officer of the Company. It does not engage in hedging transactions to manage its foreign currency risk.

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API Nanotronics Announces Five

api nanotronics

Filtran again delivered strong year-over-year revenue increases and we are expecting more product introductions and customers at our nanotechnology division as increased spending on research and development yields results in this groundbreaking field. Martin Moskovits talked about at the recent conference on Nanotechnology and Forest Products. A decrease in the relative value of the Canadian dollar to the U. During the twelve-month period ended May 31, 2008, the Company accepted subscriptions for 10,800,000 shares of its common stock, which were sold in a Regulation S private placement to investors not located in the United States. The loan and interest were paid in full by the Company as of May 31, 2008.

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API Nanotronics Announces Five

api nanotronics

Sales to Canada increased solely as a result of an increase in sales by the Filtran Group in Canada. Summary of Critical Accounting Policies and Estimates The Company’s significant accounting policies are fully described in the notes to its consolidated financial statements. The restructuring charges are related to the Company’s initiative to consolidate operations into three facilities from seven. The Company hired a realtor to sell the building. On January 25, 2007, the Company acquired all the stock of National Hybrid, Inc. The option vests and becomes exercisable at the rate of one-fourth per year commencing on the first anniversary of the effective date of the grant.

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API Nanotronics buys 1553 databus provider National Hybrid in bid to boost nanotechnology capability

api nanotronics

It translates expenses and the related payables at the prevailing exchange rate at the time of the purchase. Professional services include legal, accounting, audit and taxation services. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; 4. If you want to put more and more transistors in the same space, you need to make finer and finer features. ” Accordingly, certain information and footnote disclosures required in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. Spare parts required for this refurbishment effort have resulted in new orders for programs such as the Bradley Fighting Vehicle and the M1A2 Tank.

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API Nanotronics (ATNY) Stock Message Board

api nanotronics

Notes to Consolidated Financial Statements Unaudited The Company carries out a portion of transactions in foreign currencies included in the Company’s cash, marketable securities, accounts receivable, accounts payable and bank indebtedness with balances denominated in U. Forward-looking statements are not guarantees of future performance and actual results could differ materially from those indicated by the forward-looking statements. Aunque sea en la distancia y en el tiempo, tu siempre amigo, Luis. The facility is fully operational and capable of significant volume production of nanotechnology derived optical and electronic components. Employees may contribute up to a maximum of 15% of eligible compensation. The development and selection of the critical accounting estimates are described below.

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Nanotechnology Now

api nanotronics

Frequently, but not always, forward-looking statements are identified by the use of the future tense and by words such as “believes,” “expects,” “anticipates,” “intends,” “will,” “may,” “could,” “would,” “projects,” “continues,” “estimates” or similar expressions. Significant estimates made by the Company include a provision for both excess and obsolete inventory when write-downs or write-offs are identified. This facility will also be the centerpiece of the Company’s research and development program. The debt underlying capital lease payable is fixed rate debt and accordingly there is currently no significant interest rate risk associated with its capital leases payable. Notes to Consolidated Financial Statements Unaudited 1. Operating Expenses Operating Expenses consist of selling, general, administrative expenses, research and development and restructuring charges. We undertake no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

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API Nanotronics Acquires Cryptek Technologies

api nanotronics

The company markets its products through its own sales force, independent sales representatives, and distributors primarily in the United States, the United Kingdom, and Canada. Management monitors the soundness of these institutions and has not experienced any collection losses with these institutions. Company has to put out results by end of August and I predict that there will be no news untill then. The Company’s overall gross profit was 20. ” Integrated operations have been translated from Canadian dollars into United States dollars at the 35 year-end exchange rate for monetary balance sheet items, the historical rate for shareholders’ equity, and the average exchange rate for the year for revenues, expenses, gains and losses. All the references to number of shares presented in these consolidated financial statements have been adjusted to reflect the post split number of shares.

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API Nanotronics Receives Order From Major U.S. Defense Contractor

api nanotronics

The Statement requires that objectives for using derivative instruments be disclosed in terms of underlying risk and accounting designation. Cost of Revenues Cost of Goods Sold primarily consists of costs that were incurred to design, manufacturer, test and ship the product. Securities available for sale are carried at fair value using a market participant approach, with any unrealized holding gains and losses, net of income taxes, reported as a component of accumulated other comprehensive income loss. National Hybrid Group recorded a 15. Management is not aware of any legal proceedings contemplated by any governmental authority involving us or our property. These obligations were assumed by the Company in connection with the consummation of the Plan of Arrangement.

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