Saw a youtube video with Bonnie Tomei… Bonnie, the CFO of Salience Labs and Chief Strategy Officer for K2X

It seems to me, if the threat of people leaving is real, they should have a full time HR person actively in discussions with people outside of the company at all times.

They should also separate the chairman of the board position and CEO position because, in my opinion, it’s becoming clear that what’s good for some people isn’t necessarily what’s best for all shareholders…. or at least to me, it seems like the responsible things to do.

Ahhh, TIR. I wish you hadn’t reminded me.

TIR never said they could easily raise funds though, and they never said management was going to take part in a financing that I recall. That’s where they have a problem.

Yeah, I’ve seen a few microcaps flame out but this happened with a speed that I’ve never seen before.

Unfortunately, I guess they’re not obligated to tell us what happened.

They moved last years AGM to avoid what would have been, I'm quite sure, an avalanche of retail investors voting for change after the disastrous financings.

Fool me once, shame on you.
Fool me twice, shame on me.

It’s not very good off such a small base of revenue. Don’t forget that it looks as if Sony was providing most of their revenue last year as SEV took a beating from Sony stopping VR headset production.

What I’m saying is they could have a flat start and then justify it by saying cable sales have gone way up based on last years sales. I don’t believe that will be the case but anything is possible.

Nvidia increased revenue 125.85% last year but that was off of a roughly $30 billion base. That’s much different than coming off a $10 million base.

I think you’re right on all counts.

There would be no reason that would be in shareholders’ interests for them to sell right now unless it was an INCREDIBLY generous offer. Especially since the share price is at historic lows due to the timing of other companies products not SEVs.

According to RH, they are undervalued, will have no problem getting a financing and SEV has forgotten more than the competition knows, which I think is borne out by the fact they were the vendor of choice for the Ethernet Alliance demo at OFC.

Combine that with their patents and the fact that their SAM, not their TAM, will be over $1 billion by 2027 according to their deck, I think they can afford to let things ride for a while to get the share price to a non-undervalued level before they sell.

Just consider the stock price pre-2018 on hope and hype. Now they have a market that is allegedly clamouring for these products and that market is vastly larger than it was back pre-2018… and the AI hype for small/microcaps with usable products will be here soon.

How is it that Enablence who is operating in a similar area to Poet and has a market cap of $15 million can get $9 million in loans since December and Poet is… well, I don’t know how to describe it.

I wonder what imformation they are telling the people that provide them with supplies and the people who they will be selling products to?

I wonder what’s up with the financing. RH made it sound like it was all queued up with insiders and institutions ready to go.

I’m sure he stated in one of their video presentations that getting financing wouldn’t be a problem too. I hope their not going to release a sh!t quarter and then finance.

Are AI centers going to be data centers on steroids or are they going to be separate things?

Can someone please refresh my memory?

What was the product that POET was developing for the tier1 company where they tried to use/ have developed a NOT known-good part?

https://www.arista.com/assets/data/pdf/Copper-Faster-Than-Fiber-Brief.pdf

I couldn’t cut and paste the image but there are some figures on a chart on this page for latency.

I think there are some acc figures in SEV’s investor deck.

The reality is people in the chip sector are being layed off in the tens of thousands or being asked to take pay cuts or days off to try to retain employees.

I guess they are quietly planning how to transition if they go bankrupt so all key employees keep their jobs or they are quietly planning a big raise.

I thought maybe the tomahawk5 that everyone was waiting for might be a switch.

What about Broadcom?

I think the strongest selling features are the chips have been through at least three iterations as I recall and they have actually been used in products.

That’s too bad. I liked Bonnie’s presentation style.

Hopefully there aren’t any other health issues hiding in the company. That’s RH and Bonnie so far.

I asked that question a couple of weeks ago and someone replied that there was no timeline.

Anyone hear any rumblings of when Bonnie’s back?

Yes, theoretically.

For that to be true here though, all of those companies would have to be buying from one distributor and would have been for a while as some of those names have been on the deck for years, I think.

I’ve only ever seen SEV list two customers who comprise roughly 98%of their business in their MD&A (maybe three once). If you look what happened to Q4, you can see how badly that 98% can be skewed.

On their website, they list partners and businesses that are part of the Hyperscale market. I don’t think those companies are listed as customers.

They also said that revenue would be over 3 million in Q4 and at the moment Bonnie is not with the company.
Has anyone heard of her status by the way?

I’m just using that as an example of how quickly things can change.

They seemed like well thought out rational posts. If you recall, SEV said they had already been displaced when newer technology came out and thus the revenue ramp delays till… who knows when.

I think we ignore others’ technologies at our own peril.

So, can we assume there is a limit to the data rate that the DAC’s can be extended to even with the Tomahawk improvements?

I thought that was why SEV had a foot in the door in the first place. The data rates were going up and DAC’s were less affective.

I just happened to look at news and see they are making the interest payment on the debentures with shares.

The board of directors has to reign this guy in.

Nothing he has said as far as forward looking statements seems to come to fruition. This is reminiscent of the $20 million year they were supposed to have a couple of years ago.

He has lost all credibility.

Well, they just made it past tax loss selling fortuitously for this year so, that might mitigate a share price rout.

It’s hard to believe there was no PS5 revenue as it is on it’s way to be Sony’s most successful console. Sony hopes to hit the 25 million unit mark by the end of March.

Yep. No more drinking and texting for me.

I agree Gary.

It’s trading like there is going to be another quarter of average growth… I hope I’m wrong.

The last few third quarter results have been Nov. 30 at latest. Could be the latest CFO transition but you would think, in the electronic age, everything would be in the bag before Bonnie left.

Are they going to need another financing?

They announced q3 on Nov. 29 last year so we should get a glimpse of their anticipated q1 revenue soon.

You would think some customers will purchase cables in parallel with switches rather than in series.

So SPX is hiring?

There must be value there. Sell a portion or all of Poet’s portion and finance the company. They did publicly say there was interest right?

Hey Robert.
I see someone pointed you in the right direction. I just got online.

I wish Bonnie the best and hope that her family matter has a positive outcome.

If this is desperation time, there is absolutely no reason for them to keep their share of SPX intact.

Ah, I found it buried in the July 18th press release.

It’s odd that a watershed moment like this is so hard to find but I guess that’s part of the discretion.

Looking at slide for Ai at about the 9 minute mark of the LD video, it states that approximately 50% of the cables used for Ai will be ACC and in that Ai will be the first to adopt.

Boni said they announced an Ai cluster win in June. Does anyone remember this announcement?