I guess i was wrong about the new CEO being announced before 40nm. Maybe 40nm is a crucial pass before he/she finally makes the move of coming on board.
That said, this milestone achievement gives me additional comfort that revenues are nearing and as bluecollar mentioned likely tied to the next two milestones expected by end Q1 (that's not saying that revenues can't come earlier if partners believe that PTK is the future and want a front seat).
Given 40nm has passed, a believe the next NEWS release(s) will pertain to the addition of a new CEO along with a bulk up of the Board.
We are nearing the finish line Scary, hopefully sooner than later for you.
Sandman