This is great news and I managed to scrape up another couple grand and bought at $.51.

It sounds like military contract is pretty well in the bag..... "Currently, while POET's incorporation in military projects is proceeding well, and should provide value in several key verticals, significant value exists in adapting POET for mass production within a commercial semiconductor fab environment."

And it definately sounds like a deal has been made with (we don't know who yet) in the commerical end having been given those particulars. This doesn't sound like it might happen . It sounds more like it is, or is definately going to, happen.

"Establishing a POET Development Alliance (PDA) - The Company will be establishing relationships with one or more industrial partners looking towards jointly adapting POET to commercial scale III-V implementation. Alliance partners will provide key input including intellectual assets, technical staff, manufacturing capability, and foundry resources. In addition to optimizing device parameters and yields, a near-term goal will be to establish comprehensive design rules and a device parameter library for POET, which will proliferate licensed designs in a POET device ecosystem."

GLTA...I'm impressed .....anyone who would sell this at $.50 for a penny or 2 profit would have to be little crazy