In recalculating the value models, Pellegrino and Associates will be performing a regression analysis of the key value drivers
associated with each of the value models including:

• the general computer marketplace;
• the ability to close a deal successfully;
• the ability to execute strategy in the various originally and currently anticipated markets for the POET Technology;
• the ability to successfully conclude a renegotiation of the amount of the UConn royalty on more favorable terms which is currently in progress; and
• the ability to develop a fully functioning product in the shortest amount of time.

Look at the 3rd and the 5th bullets.........I think that they need the 100nm pursuit to come to a meaningful conclusion. So, yes Aves, I agree with you and Fair, they want the sub 100 to be completed....so it can be included in the P2. An integral part of the `new`valuation IMO