Poet Technologies Inc (POET)

[mackwheaton]

Per Suresh, “More specifically, we had initially divided our funded development program into eight distinct platform building block deliverables. We have successfully delivered seven of these deliverables and are focused on completing the final validation deliverable this year.”
Considering they were juggling 8 balls at once up to now, this final “validation deliverable” sounds like it is a matter of test hours, versus design or proof of concept. That is significant.
This was said as well in their November conference call “No other company yet is at a comparable level of wafer-scale integration in photonics, especially when taken into account the integration of all the required passive components.”
We all know that the rug has been pulled out at the last minute in the past. The market certainly knows it as well.
This time around, we have a top executive from Macom coming on to be CEO at this very late stage.

Based on our prior , I have been very guarded about prospects, but it does not mean that Im not very about the potential. 6 weeks from now, $13 million more in the coffers and the last piece of component validation done, we should see the market’s attitude change.