Year end MD & A highlights Posted on SEDAR, via Stockwatch this morning:
Even through a downturn in military spending during 2011, POET remained at the forefront of those projects earmarked for funding during 2012 and 2013. This military development work will not constrain the commercial application of the POET Technology
Fourth quarter revenue was $126,736 compared to $7,630 in 2011. With the discontinuance of the solar division, OPEL’s revenue is now derived primarily from government or military contracts in ODIS. Although the Government has limited its government contracts, the stronger revenues earned in the quarter, compared the same time in 2011 is a strong indicator of the level of confidence in the POET process