POET Technologies Ord Shs POET

From prototype to intial manufacturing

[wintersun10]

"POET has established a Global Engineering Organization based in Singapore, which will be led by Dr. Mo Jinyu, Senior Vice President, with the New Product Introduction (NPI) and component engineering teams reporting to her. NPI is responsible for taking optical engine and module products from prototype design to initial manufacturing, coordinating with the product design and production teams along the way."

OK, maybe that explains there are no sales to report, does not explain the "production ready" phrases YEARS ago.

But good, this is Poet.

[wintersun10]

"We fully expect that the partnerships and customers that we have announced over the past few months will mature into module designs that will qualify with end users and convert to optical engine revenue later this year and into 2025, with ultra-high growth in the years to follow" When did we hear this before? Years ago it used to be Production ready and Sales by Q3 and Q4. Yes this is

[maestrodrumboe]

Not surprising,,they pretty well gave up on North America. Same old jamba talk ..revenue coming Soon. "We fully expect that the partnerships and customers that we have announced over the past few months will mature into module designs that will qualify with end users and convert to optical engine revenue later this year and into 2025, with ultra-high growth in the years to follow" &

[ark88]

Sadly true. They're probably end up selling to a Chinese partner. In the meantime, the market sees the news as PTK needing financing to make to the finish line. For the time being, the best position is the sidelines. Happy long weekend and GLTA!