Indeed, Rockymica, selling the company is no longer the primary path. Licensing and partnerships seem to be the way the company wants to go – which I like. Let me quote the 20-F: (emphasis by me):
Military Segment
Our initial fundamental business strategy is to continue our directed focus on the military market through licensing arrangements with BAE and others and by pursuing projects which meet the POET platform product design goals of the transition process, which may lead to the subsequent volume production and license revenue generation. Our intent is also to foster prime contractor involvement that will lead to either a licensing or other form of partnership relationship based on long term demand for the POET platform, and to develop that demand into a potential partner’s strategic plans for meeting government requirements. Training, supporting and energizing the prime contractor sales teams will be a key ingredient to POET’s success in generating military and agency revenue.
The commercial segment text is not as clear as the military one, but when the company talks about initial prototypes, initial production, production, manufacturing and packaging, this sounds like selling products, not like selling the company.
Andrea ("Powered by POET")