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Message: Timing of Quarterly and MD & A

Hey Royalton

I agree that the timing of events is interesting, however an aquisition of Anadigics now seems quite unlikely since, according to Lerude's article (my bold), "The transaction is expected to close in December 2015 or January 2016. The merger agreement allows ANADIGICS to seek better offers for 25 days, ending December 6, and provides GaAs Labs with the option to match any "better" offer considered by the ANADIGICS board. GaAs Labs will receive a break-up fee if the deal is not consummated." An attempt now, to aquire Anadigics, would result in a bidding war and even if POET succeeded, we'd have to pay a "break-up fee".

I'd love to hear more details on how this "consortium" idea would work.

GLAL

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