Sensing and microdisplays – striving for new optical applications

10:55 – We believe POET really holds the pole position here, in this race. From that perspective the future is very bright, ah, pardon the pun.

11:04 – To capitalize on these megatrends, we’re also working to accelerate our evaluation of an expanded product roadmap to include both displays as well as sensing technology. We have received very specific interest in these applications from prospective customers and actually are in advanced discussions to license for NRE fees and transfer our proprietary integrated Planar Opto-Electronic Technology. Included in these talks is the proposed establishment of a platform for the development of integrated sensing applications.

11:43 – Moreover, we’re also in advanced discussions with a leading institution to enter into a joint development agreement that will evaluate the adaptation of the POET platform for potential applications in microdisplays. Microdisplays are applied in this burgeoning augmented reality market where head-up displays relative to miniature projection comes into play. There the immersive displays, specifically in terms of contrast capability, is very important.

12:19 – Both of these emerging sectors represent worldwide growth markets that offer tremendous opportunity for POET. Both of these discussions are at the inception stage today. I bring them to your attention largely to highlight the excitement and interest in the market for POET.

So is POET in "advanced discussions" or at the "inception stage" as of Feb 16 2016. Which is it? Seems contradictory to me.