To my gloomy POETeers,

I can see some value for some posters to vent their frustrations here. No one likes to be underwater and after all we have a common desire to see our shares valued as high as possible. But surely there is a point when the degree of grousing and repletion of the same complaint negates the value of this board and even worse encourages those who wish to shake the tree to target the negativity expressed to obtain cheap shares held in weak hands. I say again we are our own worst enemies at times.

Given the fact that this share has once experienced a run up to $C2.87 on sentiment yet with far less technical, commercial progress or managerial expertise at that time than we have now, surely means that such an up run can happen again, when the right conditions prevail. There is every indication that the factors that will increase the probability of that happen are near. Revenue, Completion of product development by the announcement of VCSEL integration and the production of AOC prototype. What we cannot predict is deals, partnerships and contracts which will be subject to NDA, but who here really believes that management have been sitting on their hands basking in the glory of technical development alone.

How many times have we been told of advanced negotiations with partners, the level of customer interest etc., etc. Lies, falsehoods, I here some cry, but then you can no more prove that assertion than I can prove the reverse with any certainty, but then I ask where does the probability lie? - I would say In their existence. Isn't that gamble what this investment is all about and wasn't that gamble the same one we took on our very first investment with PTK but now with much improved odds in our favour.

My outlook for PTI is that In the next days and months of Q4 there will be positive revelations that will benefit our common concern to create the momentum to move the SP forward. In fact much of that potential is already built into shareholder value created but not YET reflected in the SP.

Can we now move from gloom back to hope please as I am quite sure that a positive outlook on this board encourages the investment momentum needed to propel the SP forward, the unmitigated gloom has to end.

Cheer up,

sula