I agree with you on the tech side of the business fairchijisback.

Regarding the DL transaction, Poet will need to update us on 2nd tranche.  

On september 30th, Poet had 1,7M$ in cash.

On november 8th, they confirmed reception of 8M$ (first tranche).

From note 22 of the last financials, we see that they repaid Espresso (3,1M$) and Century Prosper (900k$).  With a lowered burn rate, let's say as of today Poet has around 4M$ left in cash.

They are putting together a "test & assembly" facility in Singapore (we don't know the cost).

How long can last this 4M$?

We obviously can't wait for the answer in the next financials since they will be in late april.

I wrote to Poet about this. 

GLTA