This is a fantastic news release! Yes it is not the 'bomb' we were all expecting with $$$$ figures and big names but it is better than that as it CONFIRMS they are on track, have the cash, are looking for KEY staff , a CEO, and are SCALING IN THE 3rd party foundry AT THE CLIENTS REQUESTS. , "relevant to industry collaborators".
" The Company is very close to completing qualification runs for the flow in which the critical layers are performed at our "3rd party foundry". This new flow will significantly accelerate completion and optimization of development on 100 and 40-nm foundation devices and associated proof of concept optical and electronic circuit structures".
OPTICAL AND ELECTRONIC circuit structures! BOTH! They are developing the optical side in unison with the electronics, POET and PET. That's what I read into... Love it!
"significantly accelerate".... IE : NOT FIVE YEARS in niche markets! ...
This is awesome, but of course they will tank us today...back to 1.20$ or so? Lol...
Here's to the near future....
G