Andrea, licencing can definitely be considered a liquidity event by definition.
If POET can Licence, (Optical Thyristor based Infrared detector kinda stuff) sell parts (PET etc.) to get to the really good thing (a fully-integrated monolithic optoelectronic semiconductor chip)
Then I would be very happy
By the way I don't have a clue what I'm talking about with those chips but I do know what I want. Good Luck