Dear Agoracom friends

I write most of my posts at UK’s dawn, well after the trading day in Canada has closed and the Canada/US evening comments have been posted here. It’s quite interesting to judge the day’s progress from this advantage point.

The current thread, throwing it out there, has been like watching the tennis finals at Wimbledon; with the two eternal bodies of opinion, glass half full or half empty, being shuttled back and fore across the pitch like a tennis ball, thus representing the nature of the human condition.

I am Sorry has got it right I feel. Whilst the lack of news is frustrating for us all, it does not at all represent that there is something wrong with POET or that management have got it wrong. I am Sorry’s audit of what has been achieved in this year sets the standard for how we should judge how our investment is doing. As we approach the end of what has been a very significant year in POET’s development, I summarise my feelings about this progress as: I have every justification to be fully committed to my investment in POET.

In fact I am very embarrassed to think that some of my friends have not invested and at times I have become a bit of a POET bore assailing friends with its potential. Yet I have always to make the usual cautionary remarks about a Venture Capital start up technology company, even though I firmly believe that this is one investment that I feel I will profit from significantly; having been invested for four years I have in fact exceeded any other investment that I have held by a significant amount. Getting a NASDAQ listing is critical to future progress.

I think the lessons we have to learn or reinforce about POET as an investment amounts to two well-worn clichés: ‘Silence if golden’ and ‘patience is a virtue’. The quibbles about management don’t amount to bad management they amount to impatience. The quibbles about no news don’t amount to no progress they amount to the potential for significant progress.

If I may, given my rapidly advancing years, be allowed to be sage like by forecasting for 2015 that although you may have to be patient and wait until the New Year, particularly until the first Quarter’s financial results – YOU WILL NOT BE DISAPPOINTED.

With regards and seasonal greeting,

sulasailor