“…Strong correlation between the nature of the substituent and the presence of soft S-donors in affecting solid-state interactions of the macrocyclic ring system, coupled with relative ease of synthesis, has led to a large series of derivatives with physical and chemical properties of the porphyrazines comparable to those of phthalocyanines [4,5]. In comparison to other family members, porphyrazines maintain a unique class due to much increased solubility in organic solvents compared with their phthalocyanine analogs and interactions with alkali or transition metal ions incorporated into the macrocycle core provides candidates for a series of applications [6][7][8][9][10][11][12][13]. Although porphyrazines possess numerous potential applications in technology including chemical sensors, molecular electronics, organic solar cells, photodynamic therapy, organic field effect transistors, biological agents, and metal-insulator-semiconductor-based devices, the electronic and paramagnetic properties of porphyrazine have not been widely studied [14][15][16][17][18][19].…”