Well this is what they plan to spend the recently raised captial on so it would be nice to hear that they were successful in doing so. Whether that is before the 28th, on the 28th or after. We won't know until it happens.

From Letter to Shareholders: As we continue product development of the POET platform technology, we anticipate bringing key capabilities in-house for the most time-sensitive aspects of technology development to help avoid future delays associated with third-party vendors. These delays relate to the timing and scheduling of POET’s manufacturing requirements in the production plans of the vendors. As a small company with limited prototype runs, we do not represent a large current account to these vendors and lead times can sometimes extend to months. We believe that investments in the development of multiple sources for our epitaxial wafers and in capital equipment will allow us to accelerate the cycles of learning that are needed to produce prototype devices that meet distinct specifications.

Second, we believe the Company has a significant opportunity to drive meaningful near-term revenue growth through its recently acquired DenseLight business. The capital we raised should allow us to invest in expanded sales and product development of the DenseLight product portfolio, including the introduction of competitive new products for the sensing and lasing markets.