this whole thing appears to be a huge cluster (expletive deleted). Granted, I'm not any happier than the next shareholder but there has to be more to this story and hopefully we'll get some clarity included with either the announcing that the financing is closed or with the earnings call later in the month.

It hasn't been easy but the emotion needs to be removed. I suspect that management needed to make this move and they had a good idea that it would create short term pain but it would be for the long term health of the business that is being assembled.

Some time ago I suggested that Suresh made certain suggestions within previous NR which tried to give the shareholders some subtle insight (albeit subliminal) and perhaps this is what is occuring once again.

Why, without much explanation did our launch for the first monolithic product get pushed out to 2018? What we do know is that the export permits were a cause for operational hurdles. Well, perhaps the export permitting was a little more of a speed wobble and the company needed to address it. What possibly could be done to eliminate the need for an export permit for wafers out of the US? Is it possible that thru their network within the Singapore community that a local or regional epitaxial wafer company would be happy to join the ranks but given the recent share price, they wanted cash? Short term pain yes, but a long term fully integrated Poet? Not a bad structure.

It would be nice to have full and complete disclosure but utopia doesn't exist on the Venture, some of the comments and opinions will be hard if not impossible to retract so I guess we can only wait and hope for a sliver of why this had to done and the doubters will then understand that emotion has no place in investing.