This paragraph is from bottom of pg 18 of the Form 20-F.

"We have produced working device prototypes in our development laboratories at the University of Connecticut to prove the functionality of the POET process. We are now transitioning the device technology into production of a completely integrated platform, utilizing funds provided by NASA as well as from the Company’s general funds and facilities provided by our development partner, BAE. Throughout the transition process, the Company will continue to use its University of Connecticut research and development facility, or other such laboratory facilities, in our effort to produce scalable commercial product prototypes. We currently expect to produce a functional prototype by June 2014, although no assurances can be given that such project will be completed on a timely basis, if at all. These commercial market prototypes are targeted to demonstrate the Company’s position as a sole source provider meeting specific product application needs and are anticipated to be used to enter the market and obtain initial design wins."

I could almost be convinced the text in bold is talking about BAE facilities if they hadn't mentioned using BAE facilities in the previous sentence. Just another piece in the puzzle.

Does anyone have confirmation that they are using another lab besides their own at Uconn and BAE's, or is it all just conjecture still based on phrases such as the one above?

I'm sure I am not the first to notice this one but I didn't see it mentioned yet.

Green