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: Mike White IBK

FJ wrote:

"Lots of talk about no silver lining today and the worst possible fears. I think that is completely off the mark. The timing sucked from our perspective and the terms were just awful from any point of view but the outcome I think will move this company very quickly into a ramp up of production with existing products and future products."

Here's the problem with the above, FJ, the inference I draw from what you said is that the money raised will quicken the pace of sales and/or development. That's fine, but if all they needed was money, they could have done a rights offering and gotten plenty. No, there's something beyond that going on, maybe management thought this was the cost for getting into a more exclusive "club" regarding visibility.

Will look forward to your further summary of your talk with Mike W.

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