Gotta say I am disappointed with the THM- I listened to the entire presentation - and here is my take :

Sounds like we are now focusing on these new aquistions and their products - which is what 90% of what the THM focused on. There was very little IMO in the way of updates on the POET process which is the main reason I invested. I thought we would have an AOC prototype available by H2 2016 and associated NREs - but seems like this is on the back burner or off the table for now.

This was the worst case scenario for me - and to me says they have had setbacks if not failure in bringing the POET process to the market. I think there is longterm value in the photonics applications they have aquired - but I was in it for the POET application which I am wondering now will ever come to fruition.

Again this is my interpretation of the THM - from a non tech guy who's been here about 6 months

-DC