ITTR, I thank you for the discourse on the evolution of POET's relationship with Silterra over time. But, that relationship began with a LOI. 

All of these relationships have been necessary for the POET roadmap to move ahead.

You may have missed my point, however. To date, none of these relationships have produced "revenue" as the market would define it, and my feeling is that the Sansan IC agreement, because we are still a small cap venture play, will produce the same impact on the market.

Only when the tender for the Tier 1's business is decided in POET's favour and a contract, with numbers, is announced, or, in lieu of that, a large NRE fee announcement, will the SP do the hoped for BIG jump up and to the right.

Shouldn't be too much longer.

IMO, of course