After Microvision, Inc. disclosed its unaudited preliminary financial results for 2010 an investigation on behalf of investors of Microvision, Inc. (NASDAQ:MVIS) over possible violations of Federal Securities Laws by Microvision, Inc. in connection with certain statements was announced.

The investigation concerns certain statements issued by Microvision, Inc. regarding its business, operations and financial performance.

Microvision 12 month Total Revenue went from $7.04million in 2006 to $3.83million in 2009. Its Net Loss over the same time frame increased from a Net Loss of $23.98million in 2006 to $39.53million in 2009. Microvision reported a combined nine months Total Revenue of $4.06million with a combined nine months Net Loss of $32.04million.

Shares of Microvision, Inc. (NASDAQ:MVIS) traded in 2006 as low as$1.32 and increased in 2007 to $5.85.

On February 14, 2011 Microvision shares (NASDAQ:MVIS) traded at $2.34, but then on February 15, 2011, announced, among other things, its unaudited 2010 preliminary financial results.

Microvision said it expects a fourth-quarter 2010 loss of between $15.3 million and $15.8 million, or a loss of between 16 cents and 17 cents per share compared to $8.7 million, or $0.11 per share for the same quarter in 2009. Microvision said it expects revenues to fall to $683,000 from $971,000 a year earlier. However, analysts expected a fourth-quarter loss of 11 cents per share and revenue of $2.3 million.

For the fiscal year, Microvision said it expects a Net loss of between $47.4 million and $47.9 million, or a loss of between 52 cents and 53 cents, compared to $39.5 million in 2009.

Shares of Microvision decreased to $1.62 on February 18, 2011.