Poet has had 4 separate analyst speculations; RBC Direct, HC Wainwright, FT and R+R.

Note R+R is linked to HC Wainwright.

All ranged between $1.50, $1.90 and $2.00 USD.

These predictions were all exclusive of any potential GaAs Strategic Partner being announced; they were solely based on the InP growth expectations.

If we are able to add in a GaAs partner, the above valuations will be in the rear view mirror.

ST.