In addition to the previously announced stock options, the Company agreed to a compensation package at a rate of $41,666.67 per month. The precise terms will be included in a definitive agreement to be negotiated between the parties.

Mr. Manocha commented: "POET promises tremendous potential to the semiconductor industry as a next-generation technology. I am looking forward to being part of the POET Team and especially working directly with Mr. Copetti on building shareholder value."

So Copetti is still in? Perfect,. I really like that guy and would really like to see him be appart of this right to the end, he deserves it.

Holly crap that is one heck of a sallary .