ISRO- Connected

PART 1.   From Sept 2017- From a Broker

These are my point form notes from the call last night with Thomas Mika, CFO of POET.

Good discussion for 35 minutes. He is in town meeting with two brokers Coremark & Paradym(?) ….. looking for analyst coverage. Never heard of Paradym but Coremark recommended they speak with this firm. He is committed to getting out on a regular basis to communicate with existing and potential shareholders. Analyst coverage would be positive to get the Poet story out in the marketplace!

Look for a new deck ( slide presentation ) on Poet’s website by Monday. It will be used in presentations at the R&R roadshow in NY next week. Spent a lot of time ensuring this deck is more investor friendly

He spoke at length how great Suresh is ….( Best Chief Technology Officer he has ever seen )….. So he believes we have the right guy driving the program. New Board member has great experience and a rolodex of contacts in photonics industry

The three press releases were for the audience at the chines technology show this week not investors …. Every day there is a summary sheet highlighting any news from respective companies at the show and they wanted exposure daily thus the three NR’s

Strategic Partnership still #1 priority …. They thought they were close to a deal on the InP side ( maybe this was Kaiam) but said it was taking too long so they have directed resources it sounds like to head hunter/business broker to speed up this process of finding Strategic Partners!

The term Industrial Press release at AGM likely should have said Trade Release to illustrate it was for potential customers not investors

Continue to work hard at developing relationships with customers with the goal to be selling more products

Very interesting comment about they could create sales today but at $2 per unit they would be giving away their technology where they have all the pieces to sell units for $400 so that is a decision they have made to defer sales today for bigger sales in the near future

All the pieces are made in house so they are in control of their own destiny

Denselight have some real strength in packaging so this will be beneficial

Markets they are going after will be $20B by 2021 …. He casually said Poet sales could be $200M if they execute in the next 3-4 years!

He was saying between the lines that the RFP could not have been written any better for Poet …. Did not commit they had submitted a bid but you could tell that he was trying to be cute ……. but for sure they bid and feels they are perfect for this RFP …. If they get it he says it would be HUGE!!!!

His concluding comment …….. 2018 will be the Year of POET!!!!

Part 2- From the Poet website

This is in the public domain- so I feel it’s ok to post. ( credit to “My Poet “ for this find).

This is from Dec 2016 when he was hired. So it appears there has been a long standing relationship with (ISRO). My assumption.

http://www.poet-technologies.com/docs/aif/Form20F-AIF-31Dec2016.pdf

2016 filing 

Bottom of page 94

For the purpose of the VIB “Revenue shall mean sales by the Company of products and services, including revenue from (NRE) that is conducted primarily by the Company within the Denselight operation EXCEPT for work performed in connection with the

 INDIAN SPACE RESEARCH ORGANIZATION (ISRO).

Cheers, C.M. ( now featherless for your reading pleasure).