VanVillain "If POET took a “beggars not choosers” approach, we probably would have seen some kind of deal announced already.  Not a significant one, just a validation that it works and that there is some kind of value.  If the company truly believes what they have is disruptive, they will leverage the snot out of it."

I think that is a good point, and it may be that Suresh could have signed some kind of deal, or deals already, and maybe that is what all of the positive language was previously about (he thought they were close, maybe they are?). May have been that he did not want to accept the terms, thinking he was giving it away. My second last choice would be that POET signs a deal and gets ripped off. My last choice would be that they never sign a deal because Suresh never accepts the terms. IMO, I don't see POET currently in a position of strength (financially), however I am not updated at all on recent progress with the technology. Even if POET signs a deal that is not the best, it may be enough to boost to SP enough to get the warrants in the money. They still need to be exercised, but I imagine at a certain price point there are investors that will excercise them. Then POET would be in a better financial position, and can look for better deals with no urgency.

It is a balance, and hopefully in addition to being great with technology, Suresh can also finalize a deal, and if not, get help from someone that can. Maybe that is what the reference (some time ago) to hiring a "head hunter" was all about.

Time will tell, but there is not infinite amount of time for this, so let's get it done!

Good Luck!!