Great comments Sash. 

I would add a few comments. 

- The hiring of Vivek last November was totally discounted by the market. He is a true product specialist in photonics. I was really impressed with him. 

- at the beginning of the year they mentioned two thing that customers would ask them. Does it Work & Can you supply it. Signing that Sanan deal will check both those boxes. That will be a huge event. We were expecting that to be end of year. Fingers crossed it gets signed in the next month. 

- NRE are small but as Vivek mentioned these are tied to production orders. 

- we crossed the barrier of technology risk. It is critically  proven platform. We are now into products.  Sure there will be engineering risk but not restarts. ( yes the month not years comment brought back some past nostalgia). Suresh " we can get the light in and out " It took many years to be able to drop a comment like that  

- finally a bit speculation on my part.In Q4 they discussed a New Flip Chip Laser    .there it is again. Denselight referenced this product along with an Acacia(Cisco) patent which can be found in our photo gallery.the Acacia part was not included in their most recent presentation. 

Good luck everyone.I was pleased with the call. 

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