I hope was a better Barista.

If he has some financial analyst chops, he should differentiate between a pre-revenue company and a more mature company. Using financial tools to value a pre-revenue company just does not work. 

One must look at partnerships, announcements of collaborative agreements, industry awards, and the credibility of leadership and staff. A seasoned analyst in the semiconductor sector can best evaluate these things. Even then, there are some challenges, as the POET inventions are new and will displace the old. That means some losses for those vested in the old.

He does not mention Foxconn, Luxshare and the expected volume from CAI, and he leans on the joint venture. 

Well, waiting is exhausting. A large part of the payoff will be proving that we got it right. I'll enjoy the cash, but the getting it right will be no small part of the satisfaction.