END GAME
posted on
Nov 13, 2013 01:44PM
This was stated in the Q2 financials.
‘Technology Development – Delays in either technology development or the transition to large scale application of the technology may cause a material adverse effect to the Company. Technology development in PTI follows a strict path of concept, research, business analysis, design, beta testing and technical implementation. These milestones are reviewed regularly with the head of technology development to ensure timely completion of the Technological Milestones. Should major delays ensue, the Company has a policy of advising its stake holders of significant delays and the impact of any such delay’
My view is that POET is clearly at a stage where it is highly involved with external factors that prevent it being able to make meaningful announcements. Their last announcement said all that we need to know. Even if it takes 6 months, we are in the end game and patience is needed. Focusing on IR is not the priority, getting the end product right and the right deal squared away is.
A useful military principle for success in operations is: The promotion, maintenance and preservation of the aim. The ‘Powered by POET’ team critically must keep focussed and not diverted by investor demands. They seem to be doing a good job of avoiding distractions IMO – go Proffessor Go!. Bon Chance!