a lot has changed since Ajit came. The message back before he arrived was revenue (by end of 2016 I recall???) via NRE and royalties - POET was not going to manufacture. Since Suresh we have done 2 acquisitions and changed the plan to initially focus on Data centre needs with 3-4 possible products that are far superior to current products in the market. We are going to manufacture and distribute not only our products but also Denslight's. POET expects market penetration to be facilitated by the current distribution channels and customers of Denslight.

So from an investor and market view this may seem to be a big change in direction. Regardless of how good we feel about this "storey" the market wants more proof such as actual products and sales to actual customers. That is why we have this sell off in my view. Regardless of the sales pitch and the quality of mangement the market may not be convinced that POET will deliver the new products on time or be able to capture market in the timeline that they are planning. The market also does not yet have a good feel for what share of the market POET is targeting nor the gross nor net margin that they expect to be able to generate. Until these questions are made clearer unfortuately we will likely have to wait for the actual 60-90 days to go by and see what the POET team delivers in actual sales.