xa0; As of December 11, 2020, the Company had outstanding 7,536,116 common shares. &# Financial Statements and Supplementary Data. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. 10 Item 9B. Other Information. Directors, Executive Officers and Corporate Governance. Certain Relationships and Related Transactions, and Director Independence. 12 PART IV Item 15. We refer to these products as our enterprise connectivity product offering. Centric Solutions' business is located at OCC's facility near Dallas, Texas. &# OCC also manufactures and sells products in the wireless carrier market. We have fiber optic cables available in various flammability ratings. These products meet the demands of various network segments. This design allows for quick and easy deployment and retrieval. xa0; • Educational Institutions. Our employees are all located in the United States and are not represented by unions. We believe our employees are key to achieving our business goals and growth strategy. This has impacted production capacity during fiscal year 2020. Our Roanoke facility building is approximately 146,000 square feet. &# xa0; We lease a warehouse facility in Roanoke, Virginia. xa0; Item 9A. CONTROLS AND PROCEDURES Disclosure Controls and Procedures. &# xa0; Changes in Internal Control Over Financial Reporting. &# xa0; The term "shares" in the table above means our common shares. &# xa0; My sincere thank you to the OCC team and their families! &# We believe these efforts will positively impact OCC’s future revenue growth. &# The decrease resulted from the net loss of $6.1 million. &# The interest rate is fixed at 1.00% per year. We can repay the PPP Loan without any prepayment penalty. In the event of a default, interest may become 6.0% above the Applicable Rate. Actual results could differ from those estimates. &# The Company’s products are sold worldwide. The Company can repay the PPP Loan without any prepayment penalty. The lease term was for twelve months and terminated on April 30, 2016. Short term leases with an initial term of 12 months or less are expensed as incurred. This liability was $63,283 and $19,850 as of October 31, 2020 and 2019, respectively. &# Separately-priced warranty coverage is not offered. Beginning in fiscal year 2019, the annual statutory federal corporate tax rate is 21%. &# xa0; The Company utilizes the best available information in measuring fair value. &# Accordingly, we express no such opinion. &# Additionally, there are approximately ___ beneficial owners as of December 11, 2020. In fiscal year 2011, we declared dividends of $0.01 per share on a quarterly basis. Centric Solutions LLC, organized in the State of Delaware. & I have reviewed this report on Form 10-K of Optical Cable Corporation; & 2. $ #_X@Q824-#7U!23T9)3$4 0$ Q(3&EN;P(0 ! LL"U0+@ NL" M]0, PL#%@,A RT#. -# T\\#6@-F W(#?@.* Y8#[email protected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
