Yea, what is with the volume? 3.1k? lol. ooOOOooooo hmmmmmm. well, as per the Aug 16 NR see below. remember the SSC has the power to dealy things as they see fit. Hang on folks. if we get some news about a PDA with one of the mile stones will all be laughing and hugging each other.

The Board has therefore endorsed, and authorized the SSC to proceed on, these recommendations, including:

• Establishing a POET Development Alliance (PDA) - The Company will be establishing relationships with one or more industrial partners looking towards jointly adapting POET to commercial scale III-V implementation. Alliance partners will provide key input including intellectual assets, technical staff, manufacturing capability, and foundry resources. In addition to optimizing device parameters and yields, a near-term goal will be to establish comprehensive design rules and a device parameter library for POET, which will proliferate licensed designs in a POET device ecosystem.
  
  
• Drive for Reduction of Feature Size to 100-nm Range (100NM) - The Company will re-prioritize its technical roadmap by introducing specific milestones associated with reducing feature size from the sub-micron to the 100-nm range in scale, targeting 4Q2013 for that milestone. Consequently, the milestone for full optoelectronic integration on a single die will be re-scheduled to 2Q2014. Even without this full integration milestone, the 100-nm goal anticipates the cadence of commercial III-V foundry capabilities. This roadmap will focus the Company's ODIS subsidiary on developmental work that will allow for scalable production within existing commercial fabs.
  
  
• Adoption of a Shareholder Rights Plan (SRP) - The Company will be structuring a special SRP to protect the potential value of the company, for all shareholders, during the period where discussions with potential partners may be taking place regarding PDA-related agreements, and as progress on the 100NM project continues.

"This move crystallizes the Company's strategy for unlocking the value of our intellectual property," said Mr. Copetti. "A development alliance with the right partners will definitely shorten time-to-market, and help evolve a design ecosystem for POET in the marketplace."