"As shareholders our greatest risk is the ongoing uncertainty. Without knowing the identity of the Tier 1, the real and current status of the OI qualification nor the current status of the negotiations with the mysterious 'interested party' we will always be subject to the fear, greed and games of the market."

"Regrettably without anything to demonstrate economic value, the OI remains a risky venture but, as we all know, these circumstances can change in an instant which is clearly why we all remain on this board and in possession of what we hope are valuable shares."

Granted, we were told approximately 20 companies showed interest and Poet evidently made a decision to deal with one of them for now. I don't dispute that. My comment of risk relates specifically to ongoing uncertainty (as noted) and the risk related to whether or not the OI will even yield any economic value to shareholders. We have not been given any revenue guidance to speak of, and I understand why. What we do know is the assumption or expectation of revenue keeps moving.....and not forward. It keeps moving further into the future and in that respect, this remains a very risky venture. 

I will agree that it may have been de-risked somewhat due to the technical progress when the Proof of Concept was announced but that in and of itself did not generate one dime of revenue and that is what its all about, period.

Poet at some point needs to demonstrate that the OI is a salable product and announce its acceptance by the Tier 1 supported by a Purchase Agreement of some sort and then I will feel a whole lot better.