My apology to Oz... I had skipped over your earlier post about the extent of POET's financial contribution to the JV.
Oz:
US$ 135,000 over 5 years – wow - oh yeah !
POET’s cash contribution for the first five years of the JV will be limited to its share of the initial capital required to form the company, approximately US$135,000. POET will be contributing primarily Intellectual Property (IP) and know-how related to the assembly and testing of Optical Engines based on the POET OI.
I was way off in thinking each partner to the JV had to contribute $50 Million. Thanks, Oz..