April 23, 2007 |
Re: | Ocean Power Technologies, Inc. Registration Statement on Form S-1 File No. 333-138595 Request for Acceleration |
The Registrant hereby acknowledges that: |
(i) | should the Securities and Exchange Commission (the Commission) or the staff, acting pursuant to delegated authority, declare the Registration Statement effective, it does not foreclose the Commission from taking any action with respect to the Registration Statement; | ||
(ii) | the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the Registration Statement effective, does not relieve the Registrant from its full responsibility for the adequacy and accuracy of the disclosure in the Registration Statement; and | ||
(iii) | the Registrant may not assert the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the Registration Statement effective as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. |
Very truly yours, OCEAN POWER TECHNOLOGIES, INC. |
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By: | /s/ GEORGE W. TAYLOR | |||
Name: | George W. Taylor | |||
Title: | Chief Executive Officer | |||
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