The Offering |Common Stock Offered |1,500,000 shares | |Common Stock Outstanding later on this offering |4,310,750 shares | |Use of Proceeds |We int difference to the offering effect for further expansion by | | |investing in machineries and familiar corporate purposes. | Our long-term success will depend on our ability to provide the best value sensors to the lowend and traditional segments as well as continue to introducing the a la mode(p) technology sensors to the high-end segment. We will maintain our products accessibility and awareness to our customers by channelling out products through different distribution methods that are close to effective to be utilised. Although typically new products generate bittie or no revenues during the first dozen to twenty-four months quest their introduction, our revenues in subsequent periods depend upon these new products. Due to the drawn-out sales cycle and additional time for customers to commence bulk production, significant revenues from our new products typically occur only twelve to twenty-four months after product introduction. As a result, revenues from impudently introduced... If you want to get a full essay, order it on our website: Orderessay
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