In the article and video highlighted by DISCO68, for which we are most grateful, it is quite clear that this management team are on the case.

Firstly the commercial need is made clear by Google's Katherine Scmidke in the Video that Disco pointed out. But two paragraphs from the article referenced got me interested. In Datacenters To Get A High Fiber Bandwidth Diet of March 18, 2016 Timothy Prickett Morgan.

'Ihab Tarazi, chief technology officer at Equinix, did not tap any particular cable as the inevitable future, but did say something interesting about what the company expected the industry to do and how it expected it to do it.'

" Equinix has just joined the OCP and has also started up a parallel Telecom Infrastructure Project to drive standards among telcos and service providers"

He went on to say:

“Our long-term solution, under the OCP, is to bring in automated optical switching and also ROADM CDC tech even beyond the datacenter so we can give the control to our customers to activate links between each other,” Tarazi explained. “We want to collaborate with everybody to figure out how we build that open source system using OCP optical components and allow it to reach into everybody’s cages.”

Looking back at the last conference call it is clear that our management are focused on the target the commercial opportunity coming from such big names as Facebook, Microsoft, Google regarding their Datacentres, for example:

SV

09:33 – And so cloud computing, the social networking, mega data centers, the Internet of Things, big data, big data analytics, these are largely galvanizing this renewed growth spurt in photonics today. And investments by these Web 2.0 companies in mega data centers and all the supporting network infrastructures surrounding it, has really created a new and very dynamic segment in the optical components and modules market.

SV

11:04 – To capitalize on these megatrends, we’re also working to accelerate our evaluation of an expanded product roadmap to include both displays as well as sensing technology. We have received very specific interest in these applications from prospective customers and actually are in advanced discussions to license for NRE fees and transfer our proprietary integrated Planar Opto-Electronic Technology. Included in these talks is the proposed establishment of a platform for the development of integrated sensing applications.

SD

16:07 – The second priority we defined, refining our business model and charting a new go to market strategy. As we said on September 30th, we are pivoting the business model of this company from a purely licensing model to one that has its underpinnings on products, augmented with judicious licensing. Over the last several months we have undertaken several concrete steps to pursue this business model. On the product side, we have begun to build a team with the experience to launch products in our targeted markets. We’ve also progressed discussions with external parties to assist in our product launch activities. In parallel, we are in advanced discussions with highly renowned institutes for joint development agreements to develop applications in other market segments using the POET technology platform. Finally, we are also in advanced discussions for opportunistic transactions to broaden our product portfolio. Though we cannot ensure the conclusion of these discussions we believe we have made promising progress.

My conclusion is that this company is poised at the gateway of a unique opportunity which, given the current focus and drive of our management, will deliver to us longs the desired conclusion our faith in POET and PTI merits.

For this reason I find the condemnation of management for comms failure is rather precious and effectivley an own goal type divertion from the truth of how well this company is actually performing in building the first marketable POET products. Tracking back to the last CC the opportunity to market detectors uniquely was stated clearly. The mistake was to assume we read and understand their intentions and fail to recognise our amateur stumbling at trying to work out what is going on.

The fact is that The big reveal and marketing drive will soon be upon us and I pity any investor who misses the big leap forward that is due by playing silly trading games.

Sula