I am of the opinion that as of today, POET's shareprice only reflects two things: 1. they are a high risk opportunity in the 'optical' field with potential; 2. the share price sort of nets out a nominal value for that potential divided by an increased amount of shares as compared to a lesser amount of shares having a higher share price prior to the last financing. So, the only value in POET right now as perceived by the market is an almost meaningless speculative value --- there is nothing concrete yet as far as the market goes.

The unrealized share price where POET used to have a 130 to 200 million dollar market cap reasonably consistently got vapourized by the delay and the need for a financing rather than meeting revenue expectations. So far the revenue achieved, though duly noted by the market, is not enough to cover the dilution of this stock.

Placing share price aside, POET is like an iceberg. We only see part of what it is. The market is waiting for that iceberg to flip over for a moment to see the bigger picture. VCSEL prototypes, and any public agreements with other parties are anticipated separate from any Denselight product advances and market penetration. Together, the whole bowl of soup is awaiting recognition to get its proper market value.

Monolithic