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Re: KCCO7913 post# 125786

Monday, 12/12/2022 7:44:41 PM

Monday, December 12, 2022 7:44:41 PM

Post# of 196214
KCCO - excellent summary. Given that you know more about the industry, and communicate with knowledgeable people, including Lebby, I'm now more optimistic than ever.

I've been more active lately because there are those on the board who continue to pound on a list of "concerns". Prove them wrong about one concern, and they just circle back to another, never acknowledging the proof provided. The primary issue with those posters is that they don't take any time to understand what the company is doing, or how they are doing it, IMO. Some just have their own agenda that won't change, regardless of what happens.

Now, with the new agreement with Roth, we hear the dilution talk. Yes, more shares will be sold into the market. Given that the company has managed this process successfully through 2 deals with LPC, I'm confident that future sales will also be made to the company's advantage. The test runs with foundries, device testing, preparing an initial stock for commercial sales, etc., will cost money. There is plenty of cash already available, so there will be no rush to sell new shares.

I am particularly pleased that the company uplisted to the NASDAQ without a reverse split or other financial trickery, and that they haven't gotten involved with venture capital or a big partner who would exert undo control.

The company is about to "enter the 800Gbps integrated photonics marketplace". PDKs are operational in foundries. Devices are operational. Lots of good stuff on the horizon. Exciting times.
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