I guess it depends on how you look at the information being presented to you Jack.

You could make the argument that Management has said that there definitely is a reason to be optomistic based on some of the news releases they have provided us with, most recently on October 19th revealing the following...

**POET, through its acquisition of DenseLight Semiconductors, reaffirmed its strategic intent to expand its R&D and manufacturing operations in Singapore. POET will establish an Integrated Photonics center within its current operations to further develop and commercialize differentiated photonics and opto-electronic products. This is expected to increase market penetration and enhance market acceptance of the POET portfolio as it is introduced. This center signifies the growing importance of integration in photonics applications as a means to drive increased adoption and improve POET’s competitive positioning. The Singapore operations will further the development and production of POET’s key technologies, including those developed with the joint program POET established with the Institute of Materials Research and Engineering (IMRE) in Singapore earlier this year. The planned initiatives are expected to gradually add up to 30 engineers and scientists to POET, as the R&D center is established.

Why would EDB provide $10.7M towards the further development/production and market penetration of the Poet Platform if it didn't believe it to be viable?