The dilemma is that POET currently has no revenue to speak of.  And, the burn rate is on a path where they clearly will need to do some type of financing.  My biggest concern is whether or not Tom Mika has the experience and skills to negotiate the best outcome for the company.   

If he opts to bring in a significant investment, the BOD and management better be very confident that POET can generate substantial revenues within a reasonable timeline. Otherwise we end up diluted and facing another financing round - and on and on we go..  A buy-out now isn't my preference.  We're at a $174M market cap with no revenue and a run rate looking like we might be anxious.  I figure there's a high probability that there's at least one suitor out there interested in making a low-ball offer.  This again, is why I'm hoping like hell that Mika and the BOD have the experience to navigate this to our advantage.  My preference is that they deny low-ball offers.  Negotiate a loan without dilution that'll buy POET at least 9 months, then work feverishly with their partners to attract big customers with deep pockets.  If POET + partners can start generating revenuee with big, recognizable accounts, the market cap and SP is going to skyrocket.  THAT's the point where I'd like to see them negotiate a buy-out.  Not now.