I have not posted in a while. but sitting here at my desk i had a thought... regarding the recent news, joint venture with IMRE.

15:04 – Wavetek Microelectronics Corporation is a pure-play III-V foundry and a wholly-owned subsidiary of UMC, which is the third largest silicon foundry in the world. Wavetek is located at UMC’s Fab 6A in the Hsinchu Science Park in Taiwan and was established as Science Park’s first six-inch gallium arsenide foundry. Wavetek, with its roots firmly in UMC, provides the experience and the capability to meet POET’s high-volume manufacturing requirements.

15:37 – Following the signing of the agreement we have been driving aggressive schedules to validate the technology transfer with real data. The transitioning of foundries has caused some initial delays in technology transfer, but we are working with our new supplier to mitigate any cascading delays to our milestones. The initial results received in the last month are very promising and reassures our belief that we can recover our schedules and meet the milestones we have previously announced.

i have highlighted the bold as i think it is very very interseting...

Is it possible that we have recoverd our schedule and then some, due to such promissing initial results. Perhaps IMRE is also aware somehow of the initial promissing results and more due to NRE... is it possible this joint venture was solidified for 1.5 years....im reaching here.. becuase our Q1 milestones are done, and they are in the know? or at the very least we could agree that IMRE is aware of much much more than good old me and you due to NRE? thoughts