On different occasions Tom explained.

1. Poet will sell to the JV at close to cost.

2. The JV will become the profit centre at circa 50% margin..

As the JV is a registered company in it's own right super photonics I presume it will need to produce it's own financial reports.  

The 250m revenue I believe is only a forecast of what it will paid by superphonics only and not a reflection of market penetration.   

I continue to wonder how and when the directors of JV will care to distribute its profits 48% back to Poet.