Having taken the time to re-read PTK's last financial statements, MD&A, recent news releases, and presentation, discussions with regards to "commercial" and/or "strategic" partners may be further advanced than we think. These words have been mentioned in much of the literature emitted by the company of late.

Thomas Mika (coincidently or not) in the most recent news release responding to IIROC's request to justify an increased stock price also refers to possible partnerships ahead of customers: ".....resulting in multiple interactions with prospective partners and customers." I may be reaching, but I believe we are closer to some form of partnership than indicated. Obviously nothing has been cemented otherwise insiders would not be permitted to buy in, however, this to me is logical should they wish to avoid future dilution (unless sales greatly surprise to the upside). (please see prior posts for greater context). 

Just my two cents,

Sandman