Of course back then, the market cap was based upon the kind of disruption GaAs would bring to the market. I think there were about 150-200 million shares outstanding at $2.87. Therefore, approximately $500-$600 million market cap.

Now with something closer to market with OI and its potential along with double the shares now compared to that past time period, the market cap could take a life onto its own. With the size of the markets that Poet can still address globally, the current amount of shares outstanding is reasonable as long as the execution and market penetration of Poet exceeds market expectations over the next few years in my opinion.

Monolithic