Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: "Toot your own horn!"
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Aug 25, 2021 06:14PM

My view is that we should allow POET management to carry out their functions without interference.  

We should trust management by recognising the significant advances they have made in developing POET products, to the extent that customers can now test these at their own facilities and potential customers can see them demonstrated by POET at trade shows and conferences. Furthermore, management have established teams of engineers at four different locations internationally to meet potential customers design needs, and as a fabless company, they have formed viable partnerships to build the Optical Interposer and the mix and match products of POETs integrated system.

 This adds up to a massive contribution by a very small management team, supported by a competent board of directors, since 2016. To the extent that it's products are cheaper yet more efficient than competitors. Surely, a compelling argument for customers to buy POET products.

 My brief summary above is hardly the empty 'they've got nothing' comments stated previously by some on this board, yet the damaging negativity continues. Negativity that is killing the value of participating in this board and driving key contributors away.  The tone of this board has gone from comment and opinion to shareholder activism.  That is not the boards intended purpose.

The Share Price disappointment felt by many here stems from the belief that POET has not had the mega run on its Share Price they envisaged.  This ever present expectation remains a possibility yes, and many longs bought in initially to PTK for this reason, however the reality is, in my opinion, that the more realistic expectation is that Share Price will be linked to customer orders and sale volumes which are some way down line yet as has been simply stated according to the company's own projections and plans.  With high volume sales projected in Q4 2022, yes there will be some sales movement before that in Q1 2022 that may well shape investors perspectives and encourage SP movement, but realistically to avoid disappointment Q4 2022 is certainly my expectation for significant share movement forward.

  I will be postponing ordering the next Sula trimaran until 2024, when I have accumulated sufficiently and now that I have survived serious illness to live on and God willing, to enjoy the fruits of my investment in POET.  I don't feel I really have much more to say to the board which has been great fun and very distracting, mainly because I believe POET by all measures looks to have a realistic chance of great success, but as ever in investment, there are no guarantees, we are gambling but with good odds in our favour.

Two conclusions then:

One - Let management work without shareholder activism.  

Two - temper Share Price expectations to  the realities of POET projections and not hype.

sula

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Aug 26, 2021 08:20AM
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