AdAstra, I have a few comments about this portion of your post today"

"What does this tell us? The market does not believe POET's estimates are realistic. We shareholders are the market. The people of this forum are some of the most informed when it comes to POET's progress, and the low price tells me that the most die hard believers don't really believe.

So what does all this mean? For one, the company's valuation can only be remedied to reflect its true potential if management delivers on its production/revenue goals. In 2020, we were promised production in 2021. In 2021, promised 2022, and so on. No amount of promotion and podcasts will fix slippery timelines.

Two, we need to understand that POET produces hardware, not software. In 2023, if you make a groundbreaking software like ChatGPT, it will permeate the world overnight. This is not so with hardware. Hardware goes through prototyping, testing and deployment cycles that take years. With POET awaiting Adtran to begin production, we are at the final step of this years-long process. The day the company's valuation soars is not far."

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I disagree with you when you say, "the low price tells me that the most die hard believers don't really believe." Many diehard believers here do believe. The problem is that the diehard believers are retail and we need more institutional diehard believers. Retail can only go so far. Institutions have the networks to promote further through industry-respected key influencers.

Poet generally meets its product targets. The achilles heel is that Poet is dependent upon the promised production orders from its customers. Remember Poet's customers are changing their bread and butter, there hardware to include Poet's interposer. It's a risky transition for them so not to rattle the loyalty of their global customers that need to accept a rejigged product and assure them that this will perform in real time flawlessly. I believe that Poet has done their part to research well, but it is dependent on how Poet's customers choose to transition, when to, and adapt their supply chain accordingly.

At the moment, the first volume production comes ties-in with China through the JV regarding transceivers. China and the US are not exactly in the best relationship at the moment and that hangover might be the reason for the share price lagging.

I fully agree with this part of your post: "Hardware goes through prototyping, testing and deployment cycles that take years. With POET awaiting Adtran to begin production, we are at the final step of this years-long process. The day the company's valuation soars is not far."  

The hardware cycle is more intensive than the software cycle and everything has to be perfect before mass volume production. Poet needs to diversify manufacturing to the US and Europe in ways similar to their JV in China. Then the valuation of this company will probably change dramatically upwards as key industry influencers can confidently promote Poet; what I am hoping to see happen hopefully much sooner now as Poet semms very confident.

Monolithic