Under the heading, on the Agoracom Forum, of Updated Messages is a section entitled: POET Technologies - Enabling The Future. There is a section in this comprehensive account on Monetisation Strategy; I include a copy of the entry.

• Market Leaders NRE

•  Industry leaders in specific markets to buy exclusivity rights

• -  Lock in POET IP keeping their competition out from using POET IP

• Direct Foundry NRE

•  Paid by foundries for POET to transfer and enable their foundry with PET/POET flow

•  Replaces R&D $$$ they would have spent on developing this capability in-house

• Foundry Design KIT – Flow-through NRE Royalties

•  Percentage of the POET foundry design kit revenue from foundries that develop libraries and specific design kits targeting the POET process that they will sell to their customers

• Semiconductor Chip Sales Royalties

•  Royalties on future semiconductor chip sale POET enabled from the foundry flow

• Initial NRE revenues expected to start in 2015

•  End customer NRE, Foundry NREs, or a combination thereof.

  The purpose of writing this post and highlighting the above entry is to clear up what occasionally appears a misconception about how PTK will earn its money. The above entry clearly indicates that its revenues will come from intellectual property, the licensing to manufactures, both end users and foundries, for use of the technology and the licensing of associated software development.

  This strongly suggests, at least to me, that in order to facilitate this monetisation process a whole series of agreements between PTK and end users, fabs, software companies must be agreed before revenues can be achieved. To do this must inevitably involve complex negotiations which can only become public once contracts are signed and money has been exchanged. To suggest that management are withholding information unreasonably is incorrect and, worse, that they should manipulate the share price by divulging associated information to further investors aims can only be foolish.

  It should also put to bed any suggestion that PTK, in some way, manufactures chips. They do and will not. The manufacturer of these chips will be an undisclosed fab (possibly Global Foundries). They will only do so on the basis an original enduser manufacturer (OEM) wants them. It also indicates that revenues are not expected until 2015, and such a statement means there may be no money for the next 12 months. We may become aware of developments of the intellectual property before this.

  For those who want early financial gratification, I suggest patience and not bleating.

  David