RE: RE: RE: RE: RE: RE: RE: Investor Relations Heh heh. True aves. Please distinguish between the mud slingers and posters like you who are simply bringing up legit concerns. I enjoy your posts and although I tend to be among the most optimistic (putting it lightly) I like that there is balance to the discussion on the company's direction - so keep it up!
We have both lived through what I ultimately believe to be the worst chapter in the company's history. I think we now have goal-oriented board members outnumbering those (sorry to steal a Baggie-ism here) who belly up to the OPL ATM year over year to collect, and then exercise, options never having to produce anything.
The biggest risk I see is that there is another company out there in stealth mode - like OPL was until 2010 - who could come out with something equal to or better than POET. Despite my best efforts, I can't find anything in the USPTO database that would suggest another similar company exists (assuming they would have to reference Taylor's work). There are companies like IBM that have a patent portfolio so vast that I can't get through it. An IBM or Intel *could* develop something (when they are not wasting their time with things like this), but even if this occurs, POET would become attractive to their competitors and might still fetch an exorbitant price in an arms race.
Again, I have factored delays into my risk assessment and I take them as a given with OPEL. As fairchij reminded us we are in no need of cash at the moment so the SP fluctuations are meaningless to the company. I don't like being in the high 40's, and I am not expecting a major boost from milestone announcements - as important as they are. I think another milestone is to us what a drill hole result became foe AAA and Ortsbo user engagement numbers became to INT. White noise.
What we need is for some big fish to validate the technology - BAE taking a bite or even better someone with whom we have had no prior relationship. I think then we get above $1 and we don't look back.
I'll see you on the dark side of the moon . . .