The Company

Wilshire Technologies, Inc. (the “Company”), was incorporated in California on October 17, 1990 and has historically developed, manufactured and marketed engineered polymer products for industrial cleanroom use. In 1996, the Company divested its Medical Products and Transdermal Products divisions and focused primarily on products used in industrial cleanrooms, such as gloves and contamination control products. From 1996 through 2000, substantially all of the Company’s reported historic revenues were related to sales of its contamination control products. On May 19, 2000, the Company completed the sale of certain assets and selected...