Continuing on from my last post.

 I think it is quite clear that at the Sep15 pivot point SV concluded there was only sufficient capital to commercialise just one project. The current history shows this made sense given how close run the AOC project has been financialy given the PO and that we are not out of the woods yet. This fact emphasises that either a partner was found  to take on PET, which had been the strategy up to the pivot point,  or it was decided to discontinue the PET project to focus remaining resources on opical development alone.  

The win win situation in the above scenario would be to hive off PET to a partner to permit the company to focus on POET.  That does not preclude the partner benefiting from future optical developments as they occurred,  such as the detector. This was the sort of deal PC was after and given his valadictory on departing I have the feeling he might well have pulled his 40 engineer deal off.  One certainly needs an explanation for just what work the TRAB were engaged in for the two years it existed. The win win scenario fits.

We will not hear any more than we have on this from the company until an announcement, if any, is made.  Which places any dependence on its occurrence as misguided.  But it remains a most intriguing possibility adding zest to the mix of investment in PTK

Even without this intrigue the income generating composite company built up by SV is in the cusp of building profits from its range of comms profucts in the OIC arena.  From previous articles it can be seen that for data centres copper prevails until the cost of optical connects make the cost benefits analysis òf change worthwhile.  This is the pinch point a fully integrated POET product can disrupt.  Given the PIC progress report we are certainly well on our way towards achieving this and hitting the market st the optimum time.

I judge this to be a course set fair for our investment.

Sula