Re: Not an obituary
posted on
May 31, 2017 06:24PM
Morning Star "Didn't the $80k satisfy their NRE forecast, though it was not exactly what we were hoping for?"
As far as I know, the $80K NRE was the NRE that was delayed. This was mentioned in the MD&A (April 3, 2017) "Expected Q4 NRE was also delayed and will not be recognized until Q1 2017". I assume this was for technology specific to Denselight.
I'm not sure what the reference to NRE forecast in May is about, whether it is the $80K or was meant for some technology specific to POET. I also do not recall where this forecast came from.
Hoping for better days (SP) soon, good luck!!