The agreement provides for, recall executed in March for 18 months, ... " With this initiative, POET expects to expand its IP portfolio and Roadmap, and enrich its III-V applications suite. POET will have joint ownership of any developed Intellectual Property (“IP”) with IMRE, with a right of first refusal related to exclusive rights to any developed IP".      question ..... Might they have developed the first IP... And the right offered to Poet for approximatly 10 million .. And the right had to be exercised in a very short time frame or lose it? 

Early morning 'dot' ?  Tpower