| Executive Summary: | Opalux Inc. is a start-up founded to commercialize an IP portfolio of photonic crystal display technology developed at the University of Toronto.
Opalux technology delivers full color reflective display using little or no power from its photonic crystal and responsive polymer combination. With a team of five young nano and polymer chemists, Opalux has transitioned fundamental research into product development agreements with two major corporations in separate industry sectors for application in reflective display and document security.
Opalux focuses on application and product development to drive the sale of its photonic crystals and responsive polymer products. Initial products will be co-developed with strategic partners to fast track commercial introduction, revenue generation and market presence.
Opalux has also developed a ready-to-use brand authentication product for general distribution.
In accordance with its business plan, Opalux is seeking $2 million in financing to scale up its photonic crystal production, to finalize production process development and production start-up, and to begin marketing and sales of its brand authentication product line.
With this investment, net income will be $671,800 for 2011, $4,330,187 for 2012 and $13,869,854 for 2013. |
