Over the past seven years, we have diligently developed cutting-edge technology, and today, we are proud to say that we have managed to do so without accumulating debt and with minimal dilution of our equity. This achievement is a testament to POET's hard work. And also on the technical front, we have been spoiled until today. As is customary in startups, project timelines have experienced some shifts (COVID, delays,...), but the company remains steadfast in its mission to introduce over 10 unique, world-class, high-power, low-loss chips to the market. Notably, these chips are poised to be 40% more cost-effective, earning us widespread acclaim and admiration from global leaders in our field. On the customer front, POET is already servicing >7 active clients, and the demand for POET's products has consistently grown over time. POET secured the support of SANAN who has played a vital role in establishing a supply chain to ensure timely delivery to our current and future customers. The technical risks that were once a major concern have now been effectively mitigated, making our company as stable as it can be.

Of course some level of "propaganda" or positive messaging is employed to maintain enthusiasm among shareholders. However, the true indicators of our success lie in our increasing sales and growing customer engagement, which are the core focus of our efforts and what institutional, large investors are eagerly anticipating. Also here it certainly appears that the initial revenue of 150 million is set for exponential growth in the near future. 

In the world of tech startups (which have often way higher burn rates and debt) it's not uncommon to employ financing mechanisms like ATM offerings. However it's important to note that such actions are typically taken when a company has a clear path and solid prospects. Friday the ATM was suspended and no shares were sold in september. Given the short financial runway, this has raised concerns over the weekend because important questions remained unquestioned.

If we fail to announce major news, beyond mere status updates, I anticipate that our share price may suffer a significant decline. This could lead investors to view it as a substantial setback, as they might infer undisclosed issues within the company. Also, waiting till the end of the week or next week to announce something substantial would be a mistake. Shareholders will feel left behind and will question once again management's abilities leading a public company.

Conversely, if we do deliver significant news, which I do anticipate, our share price is very likely to rise. This week is crucial. At least for me, as the current financial risk is the most significant concern for investors and addressing it as early as possible will be beneficial for shareholders as well as the company.