From time to time I defy anyone on this board not to play the valuation game.

I have enjoyed doing so myself probably daily imagining what POET might yield financially. In my family we have gone one more step and are acutually thinning down and sorting our possessions on the basis that we, in the not too distant future, might be able to afford a new home that the memsahib has in mind in Dorset.

As human a reaction as this is, the exercise, apart from the valuation provided by the expert report commissioned by management, Pelligrino 2, is largely one of fantasy, just plucking figures out of the air. We are all guilty of the old adage of counting our chickens before they hatch. So let's not lose our sence of proportion here, but indulge rather in the art we have or need to become expert at; POET PATIENCE.

However, this board through its long study knows the vast potentential that DrTaylor has created, knows that the possibilities are endless and knows that we are at the start of an amazing journey.

We must believe what we are told by a management who are doing all in their powes to produce value for shareholders by monetising POET Intellectual Property in 2015. What evidence currently exists points to at least one major fruit company taking an interest.

Management knows well enough, as they have stated, that bringing home one major deal with a company of significance will create a torrent of interest as that knowledge flows down the valley of ignorance like a dam break.

My hope is that 617 Squadron is not needed on this occasion.

sula