BAE just reported noting defense budget cuts hurt profit. I have always held the position that it is BAE holding up pending news. I suspect their timeline may very from that of POET Managements. Don't get me wrong I'm delighted to have them in our corner on validation of the technology but know from expereince their time frame may differ from ours. Maybe they wanted to get their reporting out of the way prior to releasing news! Food for thought. GLTA DB