The Company also reported todaythat the Tranche 2b payment of US$8.25 million is on schedule and to be paid to POET on or before March 31, 2020.  The Overseas Direct Investment (ODI) application submitted by the Buyer has been accepted by the Chinese authorities in Shanghai and approval of the transfer to POET is expected soon.  The remaining Tranche 3 payment of US$5M is expected to be paid by the end of May 2020.

This confirmation is also very reassuring to me.

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