Mo: The market categorizes companies only based on the revenue of the companies, not the type of their products or services.

That's very true, mo. I think we have said it here for years again and again that the share price will go north only based on revenue, or alternatively on the guarantee of revenue, e.g. through a partnership.

This is something POET still has to deliver. (Revenue from DenseLight's legacy business does not count.) We are still in the preparatory, pre-revenue phase. A lot of work is going on to ultimately realize that revenue, however, we are not there yet. Still it would be very wrong to claim that "they have nothing".

My view is that the intrinsic value of the company is – largely simplified – a straight line with a slope greater than 1, i.e. the intrinsic value increases from day to day due to all the work they put into it. On the other hand the share price is – again largely simplified – a flat, horizontal line. When (some of you might say: if) the day of revenue comes, however, the intrinsic value of the company and the slope until that point will become obvious, and the share price will catch up in an instant.