[Subject fixed: It's VCSEL, Vertical Cavity Surface Emitting Laser.]

As always, people here are falling victim to the same old same old IFS (investor fatigue symdrome) and SPDH (share price depression hysteria).

However, nothing has changed. We are still within the very same timeline that has been given us nine months ago. Okay, as Ajit stated at the THM the integrated VCSEL transceiver might not come quite on time due to the Anadigics hassle, but that doesn't mean POET has failed or that anything has changed substantially.

There's no reason to give up on the $70+ club. However, as I have said over and over before, "up and to the right" will kick in only after there has been revenue coming from POET products or licensing of POET IP. The former is expected for early 2017, the latter could come anytime. Until then, the share price will remain within the current low order of magnitude, whether this means CAD 0.90 or CAD 2.00, it's essentially the same. I took some advantage of that last week.