Denselight looked under the hood and agreed to be bought by POET stock.
We have not heard of any pure failures of the technology.
Someone or some fund just ponied up probably $10 million CAD, my guess (the rest would possibly be retail). You don't part with that kind of money without some sort of hint or comfort that the $10 million CAD is going to grow and not be obliterated.
Singapore has given the green light on $10 million of grants. They don't do that for pie in the sky operations that have no benefit to that soverign country.
There was a recent conference call which mentioned not one word of any abject failures of the technology or the business opportunities.
There is too much good DD on this board to bail on this opportunity. The placement was done for a reason, and I"m waiting like all of you.
I'm hurting as bad as many of you, but have bought more in the past 3 days. I still believe.
Jimbo