I can synpathise with the body of opinion here that POET facts are not facts until they are announced, this is the straight talking reality approach to understanding what it is we are actually invested in by adding PTK to our portfolios. But this approach has one major flaw when dealing with a company that principally has to conceal its achievements for security or NDA reasons. Therefore I am all for dot joing and chasing snippets which can tease out facts without being labeled as pure speculation. Lookingintoit's post is a case in point where some excellent DD has revealed useful infomation. This surely must be the basis for a bulletin board as long as statements are not rampant bashing or the other.

My chestnut, and recurring theme, is that much of the work done by the POET team in 2014/15 appeared to have dropped into a black hole on the announcement and emergence of the new operational plan to develop VCSEL. Many threads we had been following back then were left wafting in the wind for spidery minds to grasp at, but for some it was as if they never occurred and had been drooped in the wake of the new operational plan - not so to my mind. My view is that behind the scenes at that time events were occurring that will in my view offer the possibility that we are more ahead towards commercialisation than realised. What looking into it has discovered confirms this possibility.

Lets put it another way. The implications of the quote below from the 8th January 2015 announcement were perhaps not fully appreciated at the time. Now, given that the 3rd Party foudary was Wavetek, as Lookingintoit's work suggests, and given that Synopsis development tools were available for 3rd Party Developers one surely cannot discount the real possibility that after more than a year of development opportunity has passed some of the products that were concieved by developers are now approaching readiness or the point where NRE payments are due.

Milestone Updates

PET Foundation Process Design Kit (“PDK”) targeting 40-nm – Sentaurus modeling (a Synopsys tool) has been performed with new fabrication innovations to achieve controlled scaled device operation. These modeling predictions are guiding and confirming the device prototype development and testing. The PDK milestone has been moved to Q1 2015 so that the release incorporates the latest innovations currently being developed in the UCONN Lab and in parallel with the “3rd party foundry”.

“3rd Party Foundry” 40/100-nm Transfer – This “Lab-to-Fab” effort requires bringing up critical layers manufacturing capability in our “3rd party foundry” which enables more complex test structures. Significant progress has been achieved towards the completion of this milestone. The Company is very close to completing qualification runs for the flow in which the critical layers are performed at our “3rd party foundry”. This new flow will significantly accelerate completion and optimization of development on 100 and 40-nm foundationdevices and associated proof of concept optical and electronic circuit structures.

From <http://www.poet-technologies.com/poet-technologies-announces-operational-financial-position-lab-to-fab-transition-and-milestone-updates/>

I apologise that I cannot resist one more go at my Chestnut, which although it may be futile and nugetary work, I hope at least adds to the very exciting times that we are about to enter and the sense that at last PTI leadership has something it can release on 16th February that propels the value of our investment forwards and upwards.

What I was really planning to do was to shut up and let matters unfold in front of us and enjoy the moment.

sula