Intel on board?? Could be. Doubt it. Maybe. Must be. I dunno. Hope so. Oh boy.........yikes!
Why the SCC was formed June 10 NR......"evaluate strategic alternatives in relation to the sale or licensing of the Company’s proprietary POET platform, to deliver recommendations to the Board, and to carry out any selected transactions to completion as confirmed by the Board. OPEL has not established a definitive timeline for SSC review process but will be assessing all available alternatives over the next few months. It is OPEL’s current intension not to disclose developments with respect to the process, unless and until the Board has approved a specific transaction or otherwise determines that disclosure is necessary or appropriate. The company cautions that there are no assurances or guarantees that the process will result in a transaction.
From June 27 NR ......"will change the future development roadmaps of a broad range of semiconductor applications including mobile and wearable devices, computer servers, storage arrays, imaging equipment, and networking equipment".
From Aug 16 NR ......."significant value exists in adapting POET for mass production within a commercial semiconductor fab environment."
From Aug 16 NR.......“While the new feature-size milestone is a challenge given our commitment to projects in our delivery pipeline, I believe the POET team is more than capable of achieving this goal. There is no doubt that POET can demonstrate its n- and p-channel capability to be a viable and scalable complement to silicon CMOS.”
From June 3 NR ......."producing wafers for the continuance of the BAE Systems military IR Sensor proof of concept project due for completion later this year will take precedence."
From Oct 21 NR......."Incubating such relationships is an ongoing task of the Special Strategic Committee (SSC), as a key aspect of finalizing licensing relationships towards a “Powered by POET” device ecosystem.