Strik, still here. 3 things. 1) technology almost always takes longer than we expect. Company did too much promotion too early, which was misleading at best, deceptive at worst. 2) disruptive technology is blood in the water for the sharks whose waters we dare to venture into. Ii-VI saw the threat and successfully took measures to delay POETs development. 3) the company can say what they want but the fact is they badly and inexcusably botched the offering.If that does not happen, we are sitting at 2-3 times current levels. Nobody could foresee that debacle and it cost us tremendously.
Now it's simply a race, heroes or zeroes. It's all about the transceiver, if it gets done our worries should end. If it does not and money runs out it's another story. I think we will know by the AGM, the next 2-3 months. The upside is so great that success will wash out the failure conclusively, but the vulnerability until then is very real. Credibility has to be earned all over again now.
For now little things suggest news will come; a very open look at the technology at the pic conference is a positive sign, as is the update (finally) of the website. They must be concerned that some new eyes will be coming to the site.
Angry and regretful that I got in and made others aware of POET too early, relied upon people's word rather than my own rules of investing in spec stocks. Right now they need to do one thing right and the science is proof that it can be done. That's what I have to hang my hat on. Good luck.
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