Jack this money does a lot more than keep the lights on. It is in fact required to fund Optical Interposer orders.

When I talked about the order of how steps needed to take place doing the debenture now was not ideal but necessary. We have heard Suresh allude to the size of the companies they are dealing with now. I have never doubted that message because the solution that POET offers is the way of the future. You can ridicule that statement but when we begin to learn of the number of companies that POET is involved with and the size of these companies I think we will be quick to recognize that the optical interposer is going to be the way the semiconductor industry connects light. I have voiced my concerns that this company could be sold long before the long-term value is reached. I am glad to see the reference to long-term value used because I am pretty sure POET is dealing with the biggest global companies in this space.

I talked about an East-West battle to control this technology and POET is really going to have to satisfy everyone to avoid this and keep this company under POET control.

I was glad to hear Suresh talk about establishing assembly, test and distribution potentially in Singapore, Canada or the US. I think POET is motivated to keep the company as independent as possible which was demonstrated by not committing to any exclusive deals what so ever re Acceliink. And avoiding any technology transfer but instead maintain ownership within customer space. I think we are going to see a lot of this and that is why POET enabled such a large cash position. Maintaining this debt is going to pale by comparison to the sales it will enable.