Yes PP, how will the market view this?
I agree with FJ this is yuggge news, but have been burned before so who knows? Clearly the company thinks it should be good, releasing the news with the early financials on a Monday evening.
They have been wrong before.
Sooner or later people will wake up to this new reality.
But the clock is ticking, we have until the end of this year, according to their statement, to either land a big NRE payment, triggerring all sorts of warrants and options which would probably fill the coffers enough to get to real revenue, or go back to the market with our hand out. I really can't imagine that happening considering we have a working VCSEL now, monolithically intgrated.....an idiot could see that is worth a fortune, couldn't they..?
No guidance, hmmmmmm, I can't help but think (hope) they have something cooking and can't say anything but "we're providing nothing"......who does this sort of thing...?