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Can you give a link for those stats?
Yes that should be around 5mil shares at 0.05/sh to obtain 250k and to stay below 4.99%/OS.
So it is in the company's best interest to drive the PPS up to atleast 0.05 in order to be compliant with that 4.99% rule.
It becomes a more difficult construction when you come to think about it. Let say they open one dealership/franchise per quarter and ask for an Advance with Auctus, then we ought to have 4 d/f per year, = 12df's in a 36 months contract with Auctus.
But their goal is much higher, so they will have to knock more frequently on Auctus's door to reach their goal.
10mil /250k = 40df's in 36months.
Which means in most Q's they will have to request 2 or 3 times 250k in order to keep up with the Plan.
But I don't think they'll use the whole amount (10mil) for d&f's, and that causes a decrease in their goals to open an d/f's in every state. (Maybe Dezer will throw in some additional cash...)
So if you take 5% dilution/df and we know that the SP will decrease with every new df because of that dilution, then it will be hard to maintain a high enough SP so they can stay below that 4.99% mark/OS.
Or they have to increase the OS substantially to able to comply with the agreement and according to the RRA they are going to increase that. Well, they have to anyway because Auctus is gonna purchase shares from EVCA per df/250k.
I'm just trying to know how much dilution there will be, spread over a 3 year period? A quick answer would be no more then 4.99% of the OS, which isn't so dramatic if you calculate that per sole basis... But we need plenty of df's, times 4.99% dilution per df....
PFFF I have a dozen scenario's flashing through my mind now...
I'm not going to explain further because I make it more complicated then it is...
Source: SEC. 8-K & DEFA.
"Under the RRA, the Company has committed to file a Registration Statement with the U.S. Securities and Exchange Commission within 90 days of this agreement, covering the shares to be sold under the DEFA."
- Will this be disclosed to the public when they file a RRA with the SEC?
- The dilution we've seen as of late was just for payed services an not yet for Auctus!
------------------------------------------------------------------
"ARTICLE II Section 2.1 Advances. (b)
The Investor shall immediately cease selling any shares within the Drawdown Notice if the price falls below the Floor Price. The Company, in its sole and absolute discretion, may waive its right with respect to the Floor and allow the Investor to sell any shares below the Floor Price. Only when the closing bid price of the stock is above the Floor Price (the price at the time when the Investor must immediately cease selling shares) may the Investor reinitiate selling of any shares without such waiver from the Company required under this subsection."
- What is the use of a Floor price when the company can waive its right to alter the Fp?
------------------------------------------------------------------
ARTICLE IV. Representations and Warranties of the Company.
"Section 4.24 Dilution. The Company is aware and acknowledges that issuance of shares of the Company’s Common Stock could cause dilution to existing shareholders and could significantly increase the outstanding number of shares of Common Stock."
- Those 62mil shares in the S-1 that was withdrawn was obviously not enough to get their 10mil financing deal with Auctus... Although when one does a rough calculation it should be around that amount of shares that they'll need to meet their goal.
The first time they'll need approx 15 mil, the second time 10-12mil, 3th time 8-10mil, and from then on the amount of shares needed should decline rapidly because the SP should be much higher by then.
Please note that the cascading dilution will only commence after the "Registration Rights Agreement" is filed with the SEC,
------------------------------------------------------------------
Read also "ARTICLE VI. Covenants of the Company."
------------------------------------------------------------------
"ARTICLE VII. Conditions for Advance and Conditions to Closing."
(g) Maximum Advance Amount.
"The amount of an Advance requested by the Company shall not exceed the Maximum Advance Amount. In addition, in no event shall the number of shares issuable to the Investor pursuant to an Advance cause the aggregate number of shares of Common Stock beneficially owned by the Investor and its affiliates to exceed four and 99/100 percent (4.99%) of the then outstanding Common Stock of the Company. For the purposes of this section beneficial ownership shall be calculated in accordance with Section 13(d) of the Exchange Act."
- If the maximun amount of shares can not be more then 4.99% of the O/S for each Advance, and we know that the O/S is 109mil, then 4.99% is about 5439100 Shares, then EVCA needs to expand its O/S dramaticly to get to +-15mil shares needed for their first Advance to stay within the 4.99 margin...
Or am I missing something here?
------------------------------------------------------------------
Please correct me if I'm wrong!!
What is an "R/M play"?
But in a sense its EVCA that is issueing "new" shares each time when they trigger a drawdown.
Do they have an obligation to disclose that?
I mean with the first dd they gonna release about 15mil (+-0.016)/250k, with the second 0.025=10mil/250k and so on.
Ok, the SP should rise after every new dealership opens, so therefor less dilution each advancing step of the way, but how many shares will they have issued when the 10mil from Auctus is spent on their progression?
In my example alone EVCA needs 25mil Shares to open 2, just saying...
But on the other hand if "we" keep it at an high enough level then they won't have to issue so much shares...
Higher prices are good for EVCA, Auctus, shareholders, everybody happy!!
Moral of the story: WE NEED CONSTANT BUYING...
GN & GLTY
With a rate of one dealership/franchise per Q, EVCA will need an timely injection from Auctus, and if there is a period where they want to open more then one in a qaurter, then the amount needed from Auctus will significantly increase the shares that will flow into the market. That is if Auctus has the obligation to sell right away after receiving common stock from EVCA.
There will be a pattern forming. EVCA needs dou, PPS tanks, EVCA has more tangibles PPS goes up until the next Q,... repaet until they have most of there dealerships/franchises.
Each Q a higher or a new high, & lower lows, but still very volatile in between. Am I assessing this right?
When EVCA wants $$ they file for a drawdown, and I am very curious to know if this is made public, I mean the request to Auctus?
If so we know when the dilution begins, right?
Because Auctus gets the shares from EVCA 5 days after the application for a drawdown, isn't it?
As time goes by EVCA will have a stronger book value and the PPS will go accordingly, but I wonder how many dealerships/franchises it would take for the SP to rise as much, so that the dilution reduces each time they do a drawdown. You know; if the SP is 0.25, EVCA only needs to issue 1mil for 250k...
Lot of questions yet to be answered...
Correct me if I'm wrong here...
Yea this is gearing up nicely.
I have loads of patience, well most of the time, and at this work rate it will unfold on a steady basis, every quarter a new dealership, new model, no pun intended.
Hopefully we'll get rid of those pesky bottom feeders anytime soon so that the PPS can go to where it belongs...
with what kind of spread are they satisfied. Remember that Auctus can buy them at a discount of the lowest price. So a 30% rise in PPS for us is maybe 40% or + for them.
What tactics do they use?
I don't think they'd risk investing 10mil for some pennies gains.
Are they investing for the long term with their purchase of really cheap ones, or clear the table with every stroke...
We should know how Auctus operates. Will they sell immediately for some profit or are they keepin' an eye on the future as well?
That's an attractive prospective we have here, 250k/dealership and maybe 8mil to spent (don't think the entire 10mil will go to that). That should equate in some 30+ dealerships.
And this could be only the first part of the financing that we know of...
Who knows whats coming eh??
Can we expect the same kind of games on Mon/Tue when the next PR is released? Or will we explore higher highs & lower lows for a change?
...Dilemma dilemma...
why don't ya buy while were at these bottom prices, c'mon show us a 10mil buy, still 40 to go though... lol
This is from the Auctus site; "The firm pursues investments in companies that require growth capital, have experienced management teams and a strong business plan"
From a tactical point of view they didn't stack the pr's in the right sequence IMO... They should have released the financing pr first, because the value of this one is gone to waste...
I have myself a hot one.......................................................................................coffee
Go EVCA
LINK doesn't work composed. Do you know of some issues with SA, because my IE9 kept crashing when I wanna read an article on SA, it was so annoying that I've dwnldd Chrome. Now if I only could get a working link...
Is my chart upside down? This is moving in the wrong direction!!
Could you still call this kosher what the MM's are doing?
Absolutely!!
BTW Thanks for your answer earlier, much appreciated...
This is a pure speculative question, but what I would like to know is if they get a financing deal of let say 100 mil, and they plan to open 3 or 4 dealerships this year, to what kind of range could the SP go?
Lets have a mini poll amongst the steady hands just out of curiosity!?
Yesterday was a general sell-off, like in that aphorism "sell in May & go away"...
I have 8 stocks on my watchlist regarding EV's, batteries, charging stations etc and they all went down. The decline in oil prices is probably the main factor after the death from Obama... uhh Osama...
Thanks for the reply.
So in a sense its fair to say that watching the L2 activity isn't a complete and trustworthy indicator of the direction of the SP.
How many times a day I see people posting about "one left at 0.026", "fake wall", etc... When the MM's can do whatever they want regardless of how many are on the bid/ask at that moment.
Correct me if I'm wrong...
Source SEC.
RW 1 evcarco_rw.htm EVCARCO, INC. REQUEST FOR WITHDRAWAL
--------------------------------------------------------------------------------
United States Securities and Exchange Commission
Division of Corporate Finance
100 F Street, N.E.
Washington, D.C. 20549
Form RW - Request for Withdrawal
RE: EVCARCO, Inc.
Registration Statement on Form S-1 (File No. 333-168338)
Filed on July 27, 2010
As amended on Form S-1/A First Amendment, filed on August 3, 2010
As further amended on Form S-1/A Second Amendment, filed on August 23, 2010
Ladies and Gentlemen:
Pursuant to Rule 477 promulgated under the Securities Act of 1933, as amended (the “Securities Act”), EVCARCO, Inc. (the “Company”) hereby respectfully requests withdrawal of the above-referenced registration statement on Form S-1, together with all exhibits and amendments thereto (collectively, the “Registration Statement”) on the grounds that such withdrawal is consistent with the public interest and the protection of investors as contemplated by paragraph (a) of Rule 477.
The Company hereby confirms that no securities were issued or sold pursuant to the Registration Statement.
Pursuant to the requirements of the Securities Act of 1933, the Registrant has duly caused this registration statement, as amended, to be signed on its behalf by the undersigned, thereunto duly authorized, in Fort Worth, Texas on May 2, 2011.
EVCARCO, INC.
By: /s/ Nikolay Frolov
Name: Nikolay Frolov
Title: CFO
Somebody posted a link to an interview from EVCA today and I had it open in another tab but I've closed my browser without seeing that interview.
Its getting really late here and I don't want to search every single post, as a matter of fact its almost morning again in Belgium, so could this member post a link to that interview again please?
GLTY GO EVCA
That must be your smartest answer of the day...
Its hard to study the behaviour of something that can't be explained with rational thoughts, like those days where we had more buys then sells orders and the SP dived anyway, how would you explain that?
I'm holding firm 'withlove', with the €/$ as it is its nice to buy now and hold until it drops back to 1.3ish...
Fingers and toes are crossed, hell, even my eyes are crossed
I got lucky this time, my avg is 0.022... Fully loaded, I have snacks & supplies, do not disturb sign on my door and painted skull & bones on my drive way...
Insgelijks withlove, veel succes met EVCA, groeten uit 't brugse...
THE EXPOSURE WILL BE GREAT IN THE COMING DAYS AND WEEKS, MANY PENNY STOCK SITES HAVE EVCA ON THEIR ALERT LIST...
<<<BUCKLE UP AND FLY>>>
If I heard it right then they mentioned something about Gov testing around june in that Fox interview.
Will they halt the stock, and open higher, if they announce the great news?
TAKI nice predictions,... can you give me the lottery numbers
My broker doesn't have real time streaming of OTC & TSX & CVE Stocks. Anyone know a free website where I can follow real time data?
Until a few days ago I used VantageWire to see real time info but for some reason I can't get it to work anymore....
(Java & Flash are up to date)
General Key Valuation Assumptions
The following are key assumptions that are common to all of our valuation models:
• It will take between 6 and 18 months for POET to pass through technical readiness level
(“TRL”), making POET then desirable for licensing transactions.
• All revenue models rely on technology licensing fees; thus, there is no cost of goods sold
• ODIS will incur cumulative nominal monthly expenses that current grant revenues
satisfy.
• The nominal discount rate for future cash flows is 32.04%
• The base target rate of return used for the discount rate determination is 23.98%.
• The success rate used for the discount rate determination is 25%.
• The holding period used for the discount rate determination would reflect an investment
of 22 years (i.e., ODIS is a strategic acquisition, not a financial acquisition).
• The nominal remaining economic life for the technology is 22 years.
• ODIS will incur a 40% nominal income tax rate.
• ODIS will incur a 5% royalty payment to UCONN for the technology licensing.
• ODIS will enjoy an average of 20 remaining years for statutory protection for POET
patent portfolio.
• A per-unit royalty would constitute 8.17% of the total value basis for the product.
• Once deployed, it will take 48 months for penetration of the market to the nominal ending
market share.
• Product adoption will occur along a Fisher-Pry market adoption curve with a market
shape of 0.2000
Defense Market Key Valuation Assumptions
The following are key assumptions that we integrated into the valuation model for the defense
market:
• ODIS will continue to receive annual revenues from Small Business Innovation Research
(SBIR) grants and other awards, in accordance with a projected schedule provided by
ODIS representatives
• ODIS will likely license POET to one or all of the top ten defense contractors.
SCHEDULE “A”
• Each defense contractor’s licensing decision is an equally probable binary outcome (i.e.,
they will either license it or not, each occurrence having equal probability).
• Each defense contractor’s licensing decision is independent of other defense contractors
(i.e., we modeled no conditional licensing probabilities).
• A time gap that ranges between 2 and 18 months exists that captures when each defense
contractor considers executing a license.
• The defense contractors would pay an initial, nonexclusive license fee that may range
between $20 million and $50 million
• Defense contractors would make monthly royalty payments thereafter of $250,000 to
account for any product-specific royalties.
Commercial Market Key Valuation Assumptions
The following are key assumptions that we integrated into the valuation model for the
commercial market:
• The first market application for POET in the commercial market would be for generalpurpose
microprocessors for server computers.
• The second market application for POET in the commercial market would be for generalpurpose
microprocessors for desktop computers.
• The third market application for POET in the commercial market would be for generalpurpose
microprocessors for laptop computers.
• ODIS will likely license POET to one or all of the top general computer microprocessor
manufacturers on an exclusive basis.
• In each target market, POET platform would nominally allow a manufacturer to capture
its current nominal market share deploying it.
• The server processor market would start at 6,939,877 annual units, growing at 0% per
year.
• Server processors would enter the market 48 months from the effective date of the
valuation.
• Server processors average $828.89 per unit, which would serve as a basis for a negotiated
royalty payment.
• Each server would require two processors.
• The desktop processor market would start at 128,200,000 annual units, growing at 1.13%
per year.
• Desktop processors would enter the market 48 months from the effective date of the
valuation.
• Desktop processors average $93.22 per unit, which would serve as a basis for a
negotiated royalty payment.
• Each desktop would require one processor.
• The laptop processor market would start at 231,900,000 annual units, growing at 12.43%
per year.
• Laptop processors would enter the market 48 months from the effective date of the
valuation.
• Laptop processors average $93.22 per unit, which would serve as a basis for a negotiated
royalty payment.
• Each laptop would require one processor.
Smartphone Market Key Valuation Assumptions
The following are key assumptions that we integrated into the valuation model for the
smartphone market:
• The POET platform would nominally allow a smartphone microprocessor manufacturer
to capture its current nominal market share deploying it.
• ODIS will likely license POET to one or all of the top smartphone microprocessor
manufacturers on an exclusive basis.
• The desktop processor market would start at 188,100,000 annual units, growing at
10.00% in Year 1, 18.18% in Year 2, 15.38% in Year 3, 13.33% in Year 4, 11.28% in
Year 5, 9.23% in Year 6, 7.18% in Year 7, 5.13% in Year 8, 3.08% in Year 9, and 1.03%
in Year 10.
• Smartphone processors would enter the market 48 months from the effective date of the
valuation.
• Smartphone value creation averages $78.96 per unit, which would serve as a basis for a
negotiated royalty payment.
• Each smartphone would require one processor.
On vacation eh, you were only gone for 23 hours, no not much has changed since then... lol
Will send ya a post card...
Source; Seeking Alpha.
Dedicated Dealerships
Write down the name Michael Dezer. He's a multi-billionaire who is close, at least from a real estate mogul standpoint, with Donald Trump. Multiple sources confirm that Dezer is about to either buy out, make a significant investment in, or forge a meaningful partnership with an OTC billboard-listed company that aims to roll out dealerships that specialize in EVs and other alternative fuel vehicles nationwide. If this happens, it's significant for the EV space on a couple of key counts. Obviously, a company that only sells green vehicles will get lots of national and/or regional publicity. It could also raise the eyebrows of the major automakers as well as CarMax (KMX) and AutoNation (AN), two companies which could easily fit a few all-alternative dealerships into markets such as California, Florida, or Texas.
Why doesn't the author say EVCA instead of an "OTC Billboard-listed company", is it because he holds a position in EVCA?
I learnt alot on here and the best way for me to proof it is to show it... I guess that I'm a quick learner... "if I don't forget..."
DD For all the new comers, read this and have some patience;
http://finance.yahoo.com/q/is?s=evca.ob
http://biz.yahoo.com/e/110415/evca.ob10-k.html
http://biz.yahoo.com/e/110407/evca.ob10-k_a.html
http://biz.yahoo.com/iw/110405/0740703.html?.v=1
http://biz.yahoo.com/iw/110331/0739030.html?.v=1
http://biz.yahoo.com/iw/110317/0733634.html?.v=1
http://biz.yahoo.com/iw/110315/0732570.html?.v=1
http://biz.yahoo.com/iw/110218/0723308.html?.v=1
http://biz.yahoo.com/iw/110217/0722717.html?.v=1
Opel touts SUNRISE research project
2010-10-21 16:28 ET - News Release
Shares issued 83,888,001
OPL Close 2010-10-21 C$ 0.365
Mr. Leon Pierhal reports
OPEL SOLAR, INC., AND THE NATIONAL RESEARCH COUNCIL OF CANADA CELEBRATE THE UNVEILING AND TESTING OF THE SUNRISE SOLAR PROJECT INSTALLATION
Opel Solar Inc. and the National Research Council of Canada, has completed the unveiling and testing of the SUNRISE (Semiconductors Using Nanostructures for Record Increased in Solar cell Efficiency) research project installation at the Institute for Research in Construction's Flexhouse in Ottawa, Ont.
Financed by the Development Bank of Canada (BDC) and the National Sciences and Engineering Research Council of Canada (NSERC), the unveiling and testing of the SUNRISE project represent the culmination of three years of research into utilizing nanostructures to establish a higher level of energy efficiency and output from a concentrated photovoltaic installation. The SUNRISE project is a collaborative research project between Opel, the National Research Council of Canada, the University of Ottawa's Centre for Research and the University of Sherbrooke. The SUNRISE project was focused on developing new, ultra-high-efficient solar cells in combination with high efficiency OPEL Solar concentrator design. When paired with OPEL's state-of-the-art dual-axis tracker, the newly developed panels are very cost-effective and are expected to validate target efficiencies for both cells and the system.
"The company is very excited to see the culmination of three years of research and development by some of the best minds in solar technology with the unveiling of the SUNRISE project," stated Leon Pierhal, president and chief executive officer of OPEL. "This project represents another example of OPEL Solar's industry-leading solar technology development at work."
The SUNRISE project was unveiled and energized this afternoon, at a special ceremony hosted by Gary Goodyear, Minister of State (science and technology) and John McDougall, president of the National Research Council of Canada at the National Research Council of Canada Institute for Research facilities in Ottawa, Ont.
We seek Safe Harbor.
ODIS, Inc. - Business Overview
A coming major force in the $515 Billion Military (FY2009 Dept. of Defense Budget) and $300+ Billion
by 2010 (reported by Business Wire Inc.) Commercial Semiconductor Industries is Optoelectronics which
meets the market need for high volume, rapidly growing optoelectronics, wireless and sensor market
segments which demand greater bandwidth, increase processing power and integration, with lower power
dissipation while being cost effective. These markets are established, but are at a threshold where a new
technology or technical dislocation is needed. Lower-priced implementations will permit these markets to
achieve their potential volumes along with additional applications being addressed.
Products for these emerging markets are not served by silicon components, owing to the physical limitations of silicon.
Solutions currently are based on high-cost hybrid manufacturing technology using Silicon Germanium
(SiGe), Gallium Arsenide (GaAs), or Indium Phosphide (InP) technologies: a new solution is needed.
ODIS Inc., with its R&D facilities located on the campus of the University of Connecticut, has developed
and proven a new semiconductor process based on a new Group III-V materials system. This process,
POET (Planar OptoElectronic Technology), is uniquely capable of producing monolithic IC solutions to
meet the emerging needs of these emerging markets. POET allows ODIS to produce ICs with dense
packing of active optical elements together with packing of high-performance electronic elements at a
density similar to that of silicon. These monolithic implementations have a large advantage over today’s
hybrid-based solutions in density, reliability, and power dissipation, at a cost much lower than the best
available competitors. ODIS will produce a market dislocation by providing monolithic IC components
for these high volume high-performance markets with high-reliability, smaller, lower-power components
at disruptively lower prices.
POET is differentiated from competing semiconductor processes, silicon, gallium arsenide, or indium
phosphide by its more comprehensive set of elemental capabilities, and its ability to integrate them. POET
can integrate lasers, modulators, photoreceivers, passive optics and high-speed, low-power electronics in
monolithically-fabricated die: no other existing process can do so. This gives ODIS ICs their much lower
cost structure, power savings and increased reliability.
Patent and trade secret protection on POET, plus ODIS’s specific design knowledge using POET
elements give ODIS a large, defensible barrier to competition.
Market Conditions & Drivers
Progress in the electronics industry over the past four decades has both driven and been driven by our
ability to create and serve markets with faster, cheaper, and smaller monolithic integrated circuits. Each
product advance in turn becomes the driver for the next wave of IC technology. Many new generations of
IC technology from the earliest small-scale bipolar devices with 4 transistors through 0.09-micron feature
size CMOS circuits with nearly 1-billion gate density have continually increased the ICs capabilities and
thus those of the products in which they serve. Advances in PCs, communications, and many consumer
devices have been powered by this continual development in semiconductor technology.
Today however, this paradigm is falling short. Particularly in the arenas of optoelectronics and very highspeed
mixed-signal circuits silicon ICs will not serve, and no good monolithic (single-chip) technology
exists. Today’s implementations in these markets are not benefiting from the cost savings of integrated
Page 2 of 3
technologies, but rather are based on hybrid or multi-component approaches. In the hybrid approach
multiple individual semiconductor components of multiple technologies are interconnected to form
circuits satisfying the needs of a particular application. This approach is used successfully to bring
solutions to limited-size markets, particularly those in which performance is at a premium, but at a higher
price. However, as the need for high-speed services spreads, and higher-volume markets emerge, this
hybrid approach to implementation cannot produce competitive solutions. While hybrid technology will
serve for limited-size markets, those able to tolerate higher price tags, it cannot serve truly large,
competitive markets. A dislocation in technology is needed.
Today’s semiconductor industry is typically seen as being dominated by silicon products, with the silicon
IC industry then being divided into the PC/memory segment and the fabless IC segment. The fabless
business segment is then split into a triad of separate industries providing: design tools, IC designs, and
IC fabrication, all operating independently but synergistically. While this is a good description of the
silicon portion of the semiconductor industry, it is not a model of the whole semiconductor industry. Left
unaddressed is a multi-billion dollar cost-sensitive market for analog, mixed-signal, RF, and optical
products that is currently served by a combination of non-silicon technologies: Si-Ge (silicongermainum),
GaAs (Gallium Arsenide), InP (Indium Phosphide), and GaN (Gallium Nitride).
ODIS Technology
ODIS’s new and patented semiconductor fabrication process, POET is based on a unique Group III-V
materials structure. The heart of POET is a unique and patented Group III-V materials system that
supports monolithic fabrication of ICs containing active and passive optical elements, together with highperformance
analog and digital elements. For the first time an economical integration of many optical
devices together with dense, high-speed analog and high-speed, low-power digital elements are possible
in monolithic ICs.
The processing of these wafers into products is done using a series of steps similar to those used in silicon
processing, and is scalable to deep submicron feature sizes. POET device yield will thus be similar to that
of silicon, much higher than that characteristic of many current III-V processes. This gives ODIS a
technology basis that is uniquely powerful, that is economical to produce, and that is extensible in
generations. POET is a uniquely-powerful mixed-signal process, integrating high-performance analog and
digital electronics with high-performance active optical elements. ODIS ICs integrate a dense mix of
active optical elements and optical waveguides together with logic and mixed-signal elements on a single
chip, thus manufactured in one serial process. Capitalizing on POET capabilities, ODIS offers product
solutions into the communications, optoelectronic, RF/wireless, sensor, and imaging markets.
POET allows ODIS to fundamentally alter the landscape for a broad range of applications by offering
components with dramatically lowered cost together with increased speed, density, and reliability.
Addressable Target Markets
Military
POET’s technology platform for optoelectronic integration exploits the optoelectronic and electronic
behaviors of Gallium Arsenide (GaAs) semiconductor material. One of the benefits of this material, from
a space electronics perspective, is that GaAs is significantly less susceptible to x-ray and gamma-ray total
integrated dose (TID) radiation. GaAs is the long-standing choice for high-frequency (e.g. RF) devices
and circuits, although, GaAs digital devices do not provide the performance that Metal Oxide
Semiconductor Field Effect Transistor, (MOSFET) devices provide.
Page 3 of 3
Important to military applications are the electronic devices that can be integrated into the POET
architecture including both complementary heterostructure field effect transistors and complementary
heterojunction bipolar transistors. These transistors enable both analog and digital functions in POET
hybrid optoelectronic devices. Important to the military is ODIS’s ability to integrate digital, RF, and
optical technologies in a single device makes POET an important, high-performance capability that
satisfies documented needs for multiple space systems and all Military Departments and Agency Tech
Areas.
Commercial
Progress in the commercial electronics industry over the past four decades has both driven and been
driven by our ability to create and serve markets with faster, cheaper, and smaller monolithic integrated
circuits. Each product advance in turn becomes the driver for the next wave of IC technology. Many new
generations of IC technology from the earliest small-scale bipolar devices with 4 transistors through 0.09-
micron feature size CMOS circuits with nearly 1-billion gate density have continually increased the ICs
capabilities and thus those of the products in which they serve. Advances in PCs, communications, and
many consumer devices have been powered by this continual development in semiconductor technology.
Today however, this paradigm is falling short. Particularly in the arenas of optoelectronics and very highspeed
mixed-signal circuits silicon ICs will not serve, and no good monolithic technology exists. A recent
Electronic News Article stated that the optoelectronics market is forecast to surpass the discrete
semiconductor market and become the second largest segment in the semiconductor industry behind
integrated circuits, according to a report published by industry researcher IC Insights.