If you take a few step back and remove the emotionnal side of this investment and then analyse just what happen, anybody could come to the following conclusion:
Two very important milestones were suppose to be completed by end of Q1 and now it is delay til Q2.
CEO was suppose to appear on BNN today and would have probably needed the milestones completed with positive results.
BAE is now being contracted to help POET in acheiving their goals.
So main conclusion could be that POET's results on the Milestones were not as expected and now they need more time to try to fix it.
I don't by the faulty equipment excuse at all. POET once again don't deliver the goods when they were expected to.
Hopefully i am wrong and those saying that this is just part of a grandiose plan, are right.
We shall see.