Re: NEWS: POET Receives First Orders for Optical Interposer Solutions
posted on
Nov 12, 2018 09:22AM
News about income is always GREAT news!
However, keeping in mind that NR's are written by PR firms, the language needs to be carefully weighed. It sounds to me that for some reason they are now classing their NRE's as sales. The language says developmental fees (purchasing prototypes,) not sales of final unit. I think that is why the NDA's are still applicable.
NO matter, $3 million+ in income helps the balance sheet immensely and the SP should bump a bit, which the company needs if the have a financing in mind or to get our reluctant warrant holders to think about loosening their grip
IMO, of course