With many thanks to Rogue for the transcript of yesterday's briefing. To my mind we have been given a most important update which we need to grasp as investors or potential investors in POET  PTK / POETF the key messages delivered.

In the UK analysis of the changes to business working practices and lifestyles due to covid19 are gaining momentum, you don't really need me to analyse this here in-depth apart from how the utility and necessity of streaming data and communications has changed. The world has adopted new communications practices that it estimated puts individuals five years ahead on a sharp learning curve on how to use the tools, techniques and skills needed by individuals of the ZOOM generation.  Commercialy, this translates into demand for the products that the POET OPTICAL INTERPOSER PLATFORM (POIP) offers the telecommunications industry.  

It was confirmed also that The POET business plan, despite the supply chain issues caused by the pandemic, has not changed.  We have been asked by SV however to focus on design wins from customers as the success criteria for POET performance and not the SP, that will come when we uplift to the NASDAQ.

In Europe at least it is not difficult to identify who the customers might be for early adoption and to see that interest is led by customer pull and not POET push.  Clearly POIP has has customer appeal as POIO can transform the bottom line of firms looking for the £G spot, Gigabytes at a profitable cost, that they cannot currently achieve.

Also, we are learning just how knowledgeable and business sharp our management is, SV remains true to his philosophy of delivering products that the customer requires. VR, a veteran of the photonics industry knows exactly just what areas of the industry to aim at.  For a start up this is vital so that we are not competing with the heavies of the industry but are supplying vital parts for the components that they, 10 or so firms, supply to the heavies. TM As regards NASDAQ informs us is it is progressing, lawyers are engaged and the necessary hoops being jumped through.  

in summary there is demand from customers for LR4, designs are in customers hands and by Q3 Alpha samples in customer hands with orders projectet for Q1 22 and revenue by mid year.  Management are eager to show that the build up of POET manpower in Allentown, Singapore and China, partnerships with Suppliers and Fabs, a disruptive product with eager customers will lead to what is a clearly disernable, growing market opportunity to focus on and launch POET into a unique disruptive investment opportunity.

For me this amounts to endorsement of my belief in POET as a unique investment opportunity that will reward patience and fundamental belief in the enormous benefits of optical integrated products for a new age.  This is the success message that should be projected here and not the whining about short term gratification or lack of news to boost SP.

The maidens' prayer is being answered

sula