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Message: Finisar CEO resigns, time to end the rumors...

I am not sure how you could draw that conclusion Mack. The Finisar CEO has been in place since 2008 and basically the stock price is at exactly the same level as when he took over. In addition, it is currently down 50% since April. Finisar has to make good business decisions and obviously they wanted someone else to lead the company going forward.

After 7 years under this CEO, it was time for a change but that doesn't mean that a deal doesn't exist with Poet or that any other business deals the company was working on would be void. Whether it is a partnership, production or licensing deal it certainly would be completed by now and this resignation would be irrelevant. (I ask; are all previous deals off because PC requilished his position to Suresh? I trust not.)

Finisar Corporation (FNSR) is a global technology leader for fiber optic subsystems and components that enable high-speed voice, video and data communications for telecommunications, networking, storage, wireless, and cable TV applications. This is the exact type of low margin company that Poet has referred to as having the biggest benefit from their technology. This name has been batted around this board for about 1.5 years (maybe longer) so I would not completely discount a relationship because the CEO resigns.

This board, in most part, is very very positive and rumours are abound on a regular basis. If Agoracom had any major impact on the stock price then we would have traded at significantly higher prices then we have. Most on this board are completely tapped out yet we have traded over 30 million shares in the last month. Who picked up those shares?

The fact of the matter is, we have many possible outcomes to look forward to and I am certain we will get something significant on September 30th. This experienced management team knows the situation and are not going to host a conference call after the close of markets on the last day of the quarter to simply have a chit chat with shareholders. Without news; there is no call. What would be the point? I believe we will only get a small portion of what POET has in store but we have a lot of possiblities;

1. Blevins Explanation? Apple connection?

2. Possibly 2 directors to be named?

3. Anadigics-Further details and/or a customer?

4. Partnership(s)-this has been an essential part of PC's regime. He said at the AGM he regreted not finishing a deal. Could they close that deal and provide a legacy for Peter.

5. BAE-further details or continuation of relationship.

6. Military Contract?

7. Foundry?-do we sign another foundry. Global Foundries?

8. Technical Updates?-we got nothing to bank on at the AGM and they dissmissed the previous milstones but the CV on linkedin gave away the goods. So, where do we really stand?

9- Nasdaq? How do we get there? This has been a major goal so how do we achieve this?

10-Licencing deals or NRE?

11. Surprises?-PC said Suresh and Subash are going to take Poet to new unforeseen levels.

Whether it is a deal with Finisar or not I don't really care as long as we get something significant. I have been invested for 4 years and it is time to put up. For those on this board promoting the fact that we should expect nothing on September 30th, I say BS. Ajit, Peter and the rest of the Poet crew have been working on deals long before Suresh/Subash joined and it is time for management to present something of substance to this long and extremely patience group of shareholders. It is my belief that they will deliver the goods. Ciao.

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