Wow, just when about no one was posting for a couple of days, just about everyone is in the last day or so!  Interesting, some bearing of souls, to be sure.

Mo v Mazan - stop, you're both right! 

I think Mo is correct in his feeling that this stuff takes time, an element that wasn't really driven home till the annual meeting in 2015, and it was NOT driven by direct route.  Of course, since that time, more disappointments/delays, but the prior statements, when made by current management, were made in good faith at the time - I believe management found out just how tough this disruptive thing is.

And Mazan has every right to be upset; he has risked a bunch of his net worth, spurred on from time to time by rumors, sometimes started by those one might reasonably believe could be trusted.  And he feels used and betrayed and I think he was.

Only as an example (and one most are familiar with) - apparently, large shareholders (so I presume him as well) were contacted 2 or 3 years ago being told some entity was trying to steal the company for cheap ($3 or $4, at a time we were trading about half that or less).  That story just flat out stunk, and people were being used.  But when you're in love with the company and the though of endless riches, well, something bad happens to your olfactory glands! It's clear that there would have been plenty of time to contact large, small, green, red, blue, Martian or other types of shareholders in writing or by phone if management had decided it was in the best interest of shareholders to reject such an offer.  There was no need to "pre-warn" them, other than to make them feel warm and fuzzy and like management was looking out for them. Just a rotten trick, IMO. Nuff said there.

And then, of course, the great rumor either started by or fostered by one of our own highly respected, incredibly brilliant and connected folk - APPLE will be buying 10% of the company for $10 billion (was it made so outlandish so as to make it more believable? Demonic!).  And later, the Facebook story, with the news to be broken at the Town Hall, was it?  Remember the halt?  I was talking with one fellow shareholder who was convinced it would happen and forlorn that he didn't own more stock (I think we were trading around $1.65 or so at the time).  So, I offered him half my shares for $4 on the spot, cuz both of us thought it would soar if it would be disclosed that FB was going to be involved in a meaningful way.  I actually think he considered it, but he figured it out and turned my "generous" offer down!

I've been fooled, too, along the way, mainly because I want this to succeed so much making us all look good and have secure retirements, lives, etc).  It's very seductive, and makes it so easy to believe that which you ordinarily wouldn't believe.  One's blood needs to be pretty cold to look at plays like this objectively.

As far as communication - geez, if we could be sure communication was only and always favorable, I'd be as desirous as any of you for more and more.  But it hasn't worked out that way at all.  I'm confident that they will communicate as they are required, but to give an update for update's sake only - no.  Here's my view of the curret status - working like hell on DL and BB stuff, which is getting close to marketing and still working like hell on perfecting the VCSEL, but hard to say when or if that task will be successfully completed.