@Grossier

I think most people hold shares of PTK with the expectation that it will be sold or licensed before the end of the year, with the technical milestones to be done after deals are locked up. This is due to the fact that this is what the company is planning to do.

You ask if there is a basis for an imminent bidding competition?

Let's see. POET execs and the SSC are conducting multiple meetings every week with interested parties to see if a deal can be struck to acquire or license or JV POET and bring it into the marketplace as quickly as possible. These would-be partners already compete in the marketplace and they are now being presented with one of the only means of scaling performance into the distant future. This is an aim already sought by said companies - the evidence being the multi-billions they already spend on R&D.

What's confusing about this?

Unless you think they are planning to sell POET (the company and the tech) for less than the current share price, I don't understand why you think it odd that we would be speculating on the ultimate value for shareholders.

The fact that you don't see the SP trending north is because nobody but the SSC knows who is seriously courting POET and what they are offering for access to the technology. The SSC is in blackout. Problem solved. Sorry to be snarky if you are new to this stock and/or the technology. But if you are aware of what the company is doing and what POET represents you can't honestly be confused about the high value shareholders are placing on this company.