Re: Mazan will not be happy, you count on that
posted on
Mar 31, 2016 11:38AM
Please see below what Suresh said about the risks for poet. He highlights three key risks. Two they believe have been mitigated. This includes the financial risk. This is why I'm confident we are financially in a good condition. Please re read the cc notes, they are enlightening. I also believe they mentioned the chance of NRE or licensing fees as early as this year.
There’s financial risks, there’s market risks, and then there’s of course technology risks. So over the past four, five, six months, we believe that at POET, we’ve well mitigated the first two risks. So, one is the strength of our balance sheet and the second is from the significant vetting we’ve already done with key players in the market. That has allowed us to really mitigate, if you will, the financial risk and the market risk.