A few extracts and comments:

I) "The Company's 100-nm scaling and prototype initiatives have successfully achieved a culmination point where transition to a third-party foundry is now being negotiated."

Comment to underline: I wonder if these discussions have already been going on for quite some time or not? Hopefully the answer is YES!

II) Mr. Manocha commented: "POET promises tremendous potential to the semiconductor industry as a next-generation technology. I am looking forward to being part of the POET Team and especially working directly with Mr. Copetti on building shareholder value."

Cooment to underline: Seems to want to take a very hands on approach. I like this!

III) SEC registration leads me to believe NASDAQ listing will come in the near future granted we meet requirements.