So let's see now.
1.0 Optical interposer and waveguide technology & production prototypes validated by several Global Leading customers. FACT.
2.0 First orders received. FACT.
Additional financing was always inevitable .... the question was when and what type of financing.
Now POET has the two critical points above in the bag, it should be highly likely that POET can now land a decent and friendly "Convertible Securities" contract.
This would be awesome.
For example : something like $20MM in phased convertible debt. Cash comes in, POET pays interest, and Lender converts the debt to stock at much higher SP. Most likely with a lender who actual "gets" what is going on here.
Perfect play.
Tomorrow will be interesting; convertible securities is the most likely next step for liquidity.
If this is the case, we will be in a very, very good place.
POET 2018.