Monday, February 03, 2020 11:33:48 PM
My key takeaways
1. OI completed deliverable, follow on discussions, products to be designed qualified and incorporated into customer’s product portfolio.
++++ The big win and de-risking of the company
+++ Further products for same client— my guess more advanced 400g and maybe 100g —Expect more NRE soon
? Were these “products to be designed qualified and incorporated” in some sort of pre design phase to expedite to market?
2. A new suitor for DL
++++ This could be huge and kudos to POET for saying, “Not so fast Chinese buyer, you slow played this and now it may bite you in the a§§”
Is the buyer interested in just DL? Why would they be?
A: Supply agreement They may want to jump ahead in queue,
Or, do they want everything, POET and DL, just Singapore DL, SingDL and POET?
There are many possibilities; since it is a 3 way negotiation, and percentages of ownership are changing with each payment, it’s a moving target. As of now Poet still owns 70%. That will reduce to 51% with the next payment, and to 19% after the following payment... I expect we will know more before that tipping point where ownership goes to 81% ChinaDL.
3. Payments
—- They already acknowledge late payments, now broken into two pieces per POET request and this now becomes secondary concern at most, due to #2 above. But it also says POeT expects immediate payment when business resumes. That tells me the Chinese are on the clock and stand to lose the deal if they are unnecessarily delinquent. Nice to have the other suitor as leverage.
4. New hires
+++ Two more industry high level execs, indicative of a pretty massive expectation of contacts, contracts and relationships.
5. Not mentioned in the NR, but, Bill Ring
Not a surprise, would not be surprised to see him doing some consulting/contract work for them. He and the BB Photonics crew may have invented the wheel, but Suresh and company are applying it to the axles, grinding wheels and turbines of photonics.
Recent POET News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/02/2024 02:08:06 PM
- POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • InvestorsHub NewsWire • 08/01/2024 01:28:55 PM
- POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • GlobeNewswire Inc. • 08/01/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/19/2024 09:03:51 PM
- POET Technologies Announces US$10 Million Registered Direct Offering • GlobeNewswire Inc. • 07/19/2024 08:50:31 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 07/19/2024 08:32:37 PM
- POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • InvestorsHub NewsWire • 06/26/2024 02:09:28 PM
- POET Wins “Best Optical AI Solution” in 2024 AI Breakthrough Awards Program • GlobeNewswire Inc. • 06/26/2024 02:05:00 PM
- POET Technologies Provides Results of 2024 Annual General and Special Meeting • GlobeNewswire Inc. • 06/25/2024 06:08:29 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/30/2024 12:28:44 PM
- Poet Technologies Announces the Amendment and Acceleration of Warrants • GlobeNewswire Inc. • 05/30/2024 12:30:05 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/20/2024 08:30:23 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/16/2024 02:11:34 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/16/2024 01:27:41 PM
- POET Technologies Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/15/2024 09:30:00 PM
- POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • InvestorsHub NewsWire • 05/14/2024 02:09:59 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/14/2024 11:27:04 AM
- POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • GlobeNewswire Inc. • 05/14/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/10/2024 03:59:09 PM
- POET Announces Closing of Private Placement Financing for CAD$10 Million • GlobeNewswire Inc. • 05/10/2024 02:28:26 PM
- POET Announces Closing of CAD$10 Million Non-brokered Financing with a Single Institutional Investor • GlobeNewswire Inc. • 05/03/2024 03:45:00 PM
- POET Announces Additional Private Placement Financing for CAD$10 Million • GlobeNewswire Inc. • 04/29/2024 07:40:37 PM
- POET Announces CAD$10 Million Non-brokered Financing • GlobeNewswire Inc. • 04/29/2024 11:00:00 AM
- POET Augments Investor Outreach Efforts and Announces Management Role Change • GlobeNewswire Inc. • 04/17/2024 11:12:00 AM
- AI & Technology Hybrid Investor Conference Agenda: Presentations Now Available for Online Viewing • GlobeNewswire Inc. • 04/12/2024 02:07:03 PM
FEATURED North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • Aug 5, 2024 9:00 AM
Fifty 1 Labs, Inc. and All-In-Extracts Announce Joint Venture to Develop and Release New Testosterone Boosting Supplement • BLEG • Aug 5, 2024 8:30 AM
Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • KGKG • Aug 2, 2024 2:00 PM
POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • POET • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM