- No meaningful D2P design win – company may
pay a small Asian handset maker to “evaluate” chips,
but no meaningful revenue will come of this
- <$1M revenue
- Reformulation of company business plan in late Q2/early Q3
2006 to “next great invention”
- Continued support of stock in $10 to $13 range prior to an
announcement about a “design” win
- Stock price falls to $4 to $6 range in Q3 2007
- Investors start giving up on company in late 2007
- Company will be put up for sale in H2 2007
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