Quarterly report pursuant to Section 13 or 15(d)

Purchase of Applied Optics Products Line (Details 1)

Purchase of Applied Optics Products Line (Details 1) (USD $)
In Thousands, unless otherwise specified

6 Months Ended

Mar. 29, 2015

Sep. 28, 2014

Liabilities

Current Liabilities

Total Liabilities

Common Stock (par $0.001, 2,000,000,000 authorized, 170,913,943 shares issued and outstanding)

Retained (Deficit)

Total Stockholders' Equity

Total Liabilities and Stockholders' Equity

L-3 Communications Applied Optics Products Line ("Purchased Assets")

Noncurrent Assets

Liabilities

Current Liabilities

Noncurrent Liabilities

Total Liabilities

Preferred Stock Series A ($0.001 par 5,000 authorized, 1,001 shares issued and outstanding)

Preferred Stock Series B ($0.001 par 1,010 authorized, 1,000 shares issued and outstanding, respectively)

Common Stock (par $0.001, 2,000,000,000 authorized, 170,913,943 shares issued and outstanding)

Additional Paid-in-capital

Retained (Deficit)

Total Stockholders' Equity

Total Liabilities and Stockholders' Equity

^[1]

Noncurrent Assets

^[2]

Current Liabilities

^[3]

Noncurrent Liabilities

Total Liabilities

Preferred Stock Series A ($0.001 par 5,000 authorized, 1,001 shares issued and outstanding)

Preferred Stock Series B ($0.001 par 1,010 authorized, 1,000 shares issued and outstanding, respectively)

Common Stock (par $0.001, 2,000,000,000 authorized, 170,913,943 shares issued and outstanding)

Additional Paid-in-capital

Retained (Deficit)

^[4]

Total Stockholders' Equity

Total Liabilities and Stockholders' Equity

L-3 Communications Applied Optics Products Line ("Purchased Assets") | Pro forma Adjustments

Noncurrent Assets

Liabilities

Current Liabilities

Noncurrent Liabilities

Total Liabilities

Preferred Stock Series A ($0.001 par 5,000 authorized, 1,001 shares issued and outstanding)

Preferred Stock Series B ($0.001 par 1,010 authorized, 1,000 shares issued and outstanding, respectively)

Common Stock (par $0.001, 2,000,000,000 authorized, 170,913,943 shares issued and outstanding)

Additional Paid-in-capital

Retained (Deficit)

Total Stockholders' Equity

Total Liabilities and Stockholders' Equity

[1]	Accounts for changes in working capital for collections against accounts receivable against October booked revenue, $69 thousand, less the estimated cash requirements for October's cash-based operating expenses for payroll, utilities, rent, maintenance & supplies of approximately ($390) thousand.
[2]	Assumes one additional month of depreciation on Property, Plant & Equipment acquired in the acquisition of ($44) thousand.
[3]	Assumes one month of accrued property tax liability for taxes for October 2014 of ($16) thousand.
[4]	The change in retained earnings (deficit) is based on the October pro forma net loss. The pro forma loss was derived based on sales reported for September 29, 2014 through November 2, 2014 as reported on L-3 communications product line financial summary for Applied Optics, less the incurred direct costs (materials $46 thousand, labor, $70 thousand, and manufacturing overhead spending $255 thousand) for October 2014, adjusted for the changes in inventory of $8 thousand, plus the L3 Communications reported G&A expenses for the Applied Optics facility, excluding any L3 Communications corporate intercompany allocated costs.