Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: I have to admit
Rainer, I must say we can always rely on you to be the voice of reason. I couldn't agree more with that post. The market or a small portion of it, has misunderstood the EBITDA prediction. If we are expecting sales of AOCs in 2017 and maybe some NREs. Then this company is going to go from pre revenue to EBITDA positive in a little over a year. That to me, suggests they are expecting some substantial revenue, be it sales, NRE or some other kind or a combination of them.

This first trickle of revenue, will then be pumped back into the business to grow it further. Through more acquisitions and more staffing, RnD etc etc. This will require a massive increase in out goings. All of which needs to be funded, through, yes you've guessed it, increased REVENUE!! Hurray, finally the company is signalling revenue and not just insignificant revenue, but the kind that gets them to EBITDA positive, very quickly.

This then begs the question, what will this all do to our sorry SP? Well I'm no genius, but I suspect that when they start their forecasting later in the year, things will be' up and to the right'. It's all noise for the time being and I'm not at all concerned with the SP, except to say it's rather inconvenient if you need to sell. Fortunately I don't (at the moment), but I sympathise if you do.

Good luck to you all, especially to our management who have a lot of work to do. I trust they have the experience and will, to get it done.
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