Personally speaking I am for a buyout within 12 months - vs. long term licensing play. We can all buy shares in the acquiring company if we wanted to reap ongoing rewards from POET.
I like the current strategy of developing the highest priced liquidity event result possible. Sure, let's sign licensing deals running up to that time to build out our SP and revenue (sounds good), but a bidding war and buy out is my #1.
I personally think $10 is realistic and attainable (uneducated opinion). Could we get more? 100% we can. Just keeping my feet on the ground.
(I plugged $70 in my excel calc sheet, and man it looks nice.).