RE: Ms4 I have zero faith that any technical milestones will move this stock. I'm fully prepared to be proven wrong, but past history bears this out. The only technical milestone that ever made a difference was the pulsed laser back in '11 when were were all still drunk off the Pellegrino report. People simply can't understand what these milestones mean.
Short term, I really think the whole thing now rests on Atomic's campaign in the US. Not that we won't get a nice buyout price either way, but a premium buyout will all depend on how Atomic does their job.
I know Lee will impress the majors as he did at the IBK meet in TO. This is especially true now that he will be bringing test chips with new technology. It will be like selling crack in the '80s, the first hit is free, and we know they'll be back with the money (or a stolen VCR if you want the analogy to stay alive). These guys will clamour to get their hands on the rights to make their own POET chips.
What would be really great is if they could sell the military rights to BAE or Boeing first, and then go to the commercial sector with some real cred.