"Because when you decide to list to the Nasdaq, you have to have a run-up to the Nasdaq, then you have to have coverage, and then you have to have news afterwards. We have to make sure that we have all those things in place if were are doing it. Now we feel we do."

From <http://seekingalpha.com/article/3278165-poet-technologies-about-to-move-from-stealth-mode-to-wealth-mode>

Revisiting PC'S statement of almost a year ago it is clear that at the time of the CIC London event that our interim CEO was sufficiently encouraged by PTI's progress to believe that a run to the NASDAQ was feasible in June 15 'now we feel we do'. The mini ads gave credebility that a plan was afoot, however this initiative was rather blunted by the effects of Pinetree selling, which in my view put pay to the possibility of an up-listing in 2015.

A change of CEO coupled with a new business initiative to focus on VCSEL caused a revaluation of the timing of such a 'run'/ The method of a series of news releases to drive the SP still applies but the trigger mechanism has been amended to when 'beneficial to do so' and the conditions are right. Conditions which are much harder for the best of 'dot joiners' to fathom. For me the preparatory stage has been completed following the series of world wide briefings aimed at a new class of investor, which makes sense to me as our class of investor are firmly on board and waiting for our leaders to put a flame to the blue touch paper.

I think one question we have not resolved regarding PCs CIC statement is, just what was it that had happened to make him so confident to say 'now we feel we do'?. Those of you who have followed my reasoning in the past will know of my belief that a partner was engaged at that time, who had been calling the shots on the technical milestones set for commercial reasons at that time, and the partner was ready to go on the basis of the results of the work at the Stoors' Laboratory, which because of technical delay with splutter machines was rescheduled to BAE ending in August. This coupled with the unannounced, but reasonably presumed, progress with Synopsis, would allow our Partner to develop POET based products in their own facilities with POET consultancy and liaison officers. It is this achievement which facilitated the new business plan of focusing on VCSEL whilst our partner developed products defined by the TRAB.

My next point needs a brain reset, so hold the BRB (Big Red Button) for three seconds and cast your mind to the very interesting Charlie Rose interview following his visit to Apple HQ where he was uniquely allowed a peep into Jonny Ive's workshop. There covered by cloths were products being produced for the next generation of Apple products. One comment by Dan Riccio stood out for me.

' Every tenth of a millimetre in our products is sacred'.

Set aside the POET advantages of lower power use, speed and think of how the advantages of monolithic, system of a chip, character of a POET chip, with its lower part count and unique form factor rate to a partner like Apple who value each millimetre as sacred.

If, as I believe, the relationship Apple is more mature than we have previously appreciated then we may be approaching a period when the news required for 'a run to the NASDAQ' or perhaps more likely, news to support an elevated SP after up-listing run, must now be a real possibility in 2016. If PC said in Feb 2015 conditions being ready for such a run as 'now we feel we do', I think the rocket is on the launch pad and smoking.

sula