eMagin gives updates at the annual shareholder meeting

eMagin had their annual shareholder meeting on the 20th of October. The reverse stock split was approved, and updates were given:

• eMagin OLED microdisplays are placed in major systems (such as the Sagem FELIN system), and they believe that the future of this business section will be good.
• 3DVisor sales are improving. They are going to focus on partnerships and agreements, not on direct sale to consumers.
• Financials are improving, too. Costs are down, and revenues are increasing. We'll hear more in the earnings statement.
• The most important statement was probably this: "the Company has received several inquiries from various strategic relationships ranging from investment to acquisition and that the firm has retained CIBC World Markets Corporation and Larkspur Capital Corporation to assist the company in investigating these and other strategic alternatives."