Peter's job was to re-balance POET's bank account in order for it to survive, IMO.
Yes, he gave us target dates for revenue and a listing. Unfortunately they didn't pan out, the company is in evolution and objectives change sometimes. I would have also loved to be on the Nas in june, but I understand the position they're in.
"And now the new CEO and COO are, "taking this seriously." And our old CEO wasn't working on significant agreements and progress, just talking about supposed significant agreements and supposed progress? Unreal..."
Before Ajit, who at POET had even the slightest experience in bringing to market tech of this nature? Stephane & Daniel have a bit of experience, but not nearly enough, IMO. Peter Coppeti has no technology experience whatsoever that I know of, how do you expect the guy to implement all of this?
PC brought us to -10 million dollars to 20 million dollars in the bank(as of the AGM) & he managed to get us Ajit.
Ajit recruited Suresh & Subhash, Todd, Mohan, David. These guys have the experience needed to bring something like POET to market.
You need people experienced in EDA, Fabs, Tools, R&D, Manufacturing, Politics, Silicon Valley, ect.. Did POET have that before Ajit, Suresh, Subhash, Todd, Mohan & David?
I've only realized that recently, I wouldn't have invested if I would of realized this before to be honest. After meeting our new staff at the AGM and learning who they are and their stories, I'm now confident in this company's ability to monetize.
I think PC was indeed working on significant agreements but I also think that POET didn't have a capable team in place in order to actually execute the full plan. Just look at how much our staff has changed since Ajit "kicked the tires", he sees the value and he knows what it takes to execute it's potential.