Information Update

INFORMATION UPDATE - February 6, 2012

 

I am pleased to announce that another of the equipment components of the manufacturing system which we have under development is under agreement for manufacture in Pennsylvania, US, and is scheduled for delivery to our US general manufacturer by the first week of March.   

When it, and the equipment sub-system referred to in the first paragraph of the 21 January Information Update, have both been mounted onto and integrated with the in-place manufacturing system infrastructure, the physical building of our prototype manufacturing system invention will be well advanced.  

Over approximately the past six months, as the physical building of the invention was ongoing and it was taking shape, from time to time, photographs of the as-built state of the manufacturing system were provided to LOM's Directors to enable them to follow the progression of development. 

I would like to share with shareholders the photographs which our Board is privy to and which depict the progression of development of the system we are trying to invent, but we cannot do so for patentability, and for other business competition, reasons.  We ask for your continued patience as we continue to make our best efforts to finish the invention.

I am fully confident that we will be successful but we cannot predict or guarantee ultimate success until the building is complete and the necessary cycles of operational testing, adjustments and re-testing are complete and we can demonstrate that the invention is capable of full operational functionality and performance. That is the process of the creation of a new technology. 

Lionel Matthews
President & CEO