Re: A new chapter for POET (Ajit and Possible Platinum Investor Connections)
posted on
Oct 07, 2015 03:28PM
They certainly want more than a single digit royalty via the original IP licensing-only route, but the partnerships are still very much in play both for the tech and financial support. From the call:
37:29 – Additionally we are moving ahead as an independent company. We are proactive in pursuing partnerships to accelerate our entry into the market. Our team, IP and strong unencumbered balance sheet are substantial assets in attracting partners.
38:42 – ...Our expectation is that we can defray some of our ongoing expenses to strategic partnerships and potential investments over the next 18 months.