"POET has cash, is not burning cash"

Leb, other than this statement I always pay attention to and enjoy your posts. It is true that Poet has cash but until we see the MD&A comments for the 2019 year end, we really won't know how far the cash will go. And, it is likely we will only be told that cash will be sufficient to fund operations for the next 12 months.

To suggest that Poet is not burning cash, I believe is a little misleading. There may or may not be some NRE revenue but there is no ongoing sustained and recurring revenue to offset costs to hire new and presumably higher priced talent both in North America and Singapore or to cover costs of office relocation etc. Unfortunately any financial information we receive is always old news but I think it's reasonable to suggest that Poet is burning cash but the cash burn has changed since the DL sale was signed off in Q4-19.

I agree with you that it would be nice to receive a note from SV to the shareholders to provide some sort of comfort given what has happened in the last week or two. I understand there may not be a great deal that can be said in terms of tech update etc but there are other public companies out there who are communicating with shareholders in an effort to provide some comfort.