Baba, as you well know, the people in IR are masters of weasel wording, making it difficult for shareholders to get a clear picture of things

So, I will offer this, perhaps it will add some clarity

First, the die being used for all this "testing" are produced on small wafers, in the 2 and 4 inch range, that can be made and rejected quickly and maniplulated by the engineers in the extapial stage (building them)

Second, the validation of the OI die has been completed, in so much that, on a small scale, it can be duplicated reliably and with consistent results.

On to the tier one project, the customer ask POET to build something that would meet 8 questions that would make it of use in the tier 1's playbook. Again, on a small scale, POET was able to accomplish all 8 pieces and move ahead with the next phase of the process, which would be reproduction at scale

Now we come to the wordsmiths and the existing problem. "With this highly experienced team in place, we are actively working to establish the critical processes for the rapid scaling of production to supply optical engines in high volume."

Suresh is telling us directly in this statement that we are not there yet

Additionally, we recently began testing POET's Optical Interposer platform technology with potential partners for markets beyond optical transceivers, including high-speed computing for artificial intelligence."

Testing is again that small scale wafer work that is not large enough for mass production

So, some good news in all of this but also the very important statement that we are, as yet, unable to mass produce the wafers, and therefore the die, in a volume anywhere near large enough to meet expected demand.

This is the key question to seek answers to with the AGM, as Suresh will speak to it and not IR or TM.

IMO, of course