I think the way to go for POET is to license verticle markets, and take some up front cash for it. So cash up front, and revenue after. Do that in the military, cosumer electronics, semi-conductor, automotive...and before too long, you'll flush out the big whale. That's when a take-over would be optimal.

The real advantage of POET is the multiple of verticles. The eggs aren't all in one basket. But the basket might one day be gobbled up by a mega cap.