POET would be pocket change for many of these behemoths, if it were for sale, which by all accounts from the company, it is not.

That's not to say that an offer couldn't be presented to shareholders for consideration, and that may just happen, but I think beginning offers would be around $10B and would rise from there. I agree a bidding war would likely ensue.

At that point the BoD would be hard pressed to say no

I still prefer the "legacy stock" option...