First of all, Happy New Year to all, and second, I cannot believe the temperatures we are hearing that you are enduring back home!!!

I am reading, with interest, the determination that some are displaying with regards to gaining more information from the company. I am of the belief that presently that the reply ratio from Shelton to the request ratio from Shareholders is less that 2% (factoring in the canned Thank you for your inquiry, say nothing responses). That simply is not condusive to shareholder peace of mind.

To those of us that rely on certain explanations for things, such as Occam's razor, and because we are still a company governed by Canadian law, the answer is that no news means nothing material to report. Material news is considered to be ANYTHING that might influence the share price. (up or down).

So, given all the missed milestones, and the lack of news, we are left with the suspicion that in reality, nothing is developong along the time lines that management was given by the engineers or middle management in Singapore (remember, Suresh is in California, not Singapore and Bill Ring is in Conneticut as of last report). 

Also coming into play is the relationship between hires/ECD grants. Are they actually hiring the right people to develop new technologies or are the just putting butts in chairs to meet grant requirements because they need the money? Remember, we are paying for accomadation in Singapore for Tom Mika, who is our senior management on the ground and who is a money guy, not a tech guy.

The only way to answer these and many more questions that are causing shareholder angst is for the company to issue a position paper that addresses the unknowns.

On a personnal note, "he who also lives here" sold all his PoET shares (I bought them) and is gloating over his weed and fintech portfolio while I wait on my tech and bio portfolio to spring to life...LOL  But, funds from his are paying for this vacation!

Keep pressing the company for an update, as I am, and remember that, under Canadian law, shareholders who, together or individually, control 5% of the company stock can call a special meeting at any time to gain clarity on issues of significance.