RE: RE: RE: RE: RE: RE: RE: have $70B & looking fo HardToBelieve
You obviously failed to understand the intent of my post or maybe you did? The point is that Opel has had significant due diligence and credibility.
They have been funded by the US defense department for over 10 years. Their work is done by PHD scientists who are published with the highest level of expertise under the roof of the University of Connecticut. Their technology is being developed by one of the largest military contractors in the world.
Did I really have to spell it out for you? Timminco rose to a valuation of $3.5 billion dollar with nothing to show…no third party verifying of the technology. The point is POET is very real and could dominate the semiconductor industry and the company is trading at a very small market cap of $57 million dollars. The technology is real and if promoted could gain much higher valuations long before milestone 8 is reached. The laser was milestone 3 and it is acknowledged to be the most difficult of all milestones to achieve. Anyone who has reviewed the audio clips will hear over and over again that the laser was the bottleneck. Now consider the valuation once again…$57 million dollars for a technology that could dominate the semiconductor industry. An industry that is currently valued at about $300 billion a year and growing. A little bit of promotion would long way to bring the share price closer to a reasonable risk reward valuation. This stock could easily be trading well above $2 or $3 dollars right now and would still be very cheap in my opinion.