Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Vcsell

It would appear that the ANAD foundry is under-utilized and not profitable which has led to it being put on notice by regulators to fix it's NASDAQ qualifications. In the absence of significant increased throughput, this foundry remains on notice. Having said that, I don't believe POET management entered into an agreement without knowing they could rectify the throughput issue. It is this information and any other information having a material economic benefit that is most important. I would prefer to see an equity injection into POET as has been mentioned previously with part of those proceeds being used to acquire ANAD rather than a share deal which may pose a short term cash drain on the POET cauffers until such time as production and revenue can be ramped up to full utilization.

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