Zecotek Photonics Inc ZMSPF

RE:So many with no DD done

[impega]

From the MD &A:

Increases or decreases in specific categories for the fiscal year 2014 are:

1. Consulting and other professional fees; amounted to $1,958,150 in the fourth quarter of 2014, compared

with $560,139 in the fourth quarter of 2013, representing an increase of 250%. For the fiscal year 2014,

the expenses increased 263% from $1,055,128 to $3,833,901 primarily due to the increase in the legal

expense for the litigation dispute regarding infringement on our patent rights. Also Seventy percent of the

CEO’s remuneration package was paid to a company controlled by him and recorded as consulting and

other professional fees.