So many people here haven't the foggiest idea of what is going on in terms of structure of the deal.  And some of them may be acting dumb, so I'll stop there, except to say some make pronouncements as if they did know something.  

I haven't the foggiest idea of what the buyer may actually get out of this deal; and from reading the posts, it seems as if there is some difference of opinion, so it would be hard to hang my hat with one way over any other way.  

One thing I am certain about - that is that I trust Suresh - now I could be wrong in having this trust (I've been certain of several things in life that turn out to be not what I thought), but no matter here.

Suresh would know best if the deal is good or bad, what he's giving up, what he's getting.  Okay, he may not be the best securities salesmen in the world, but Mika's a lot better and we have him for that now.  But the tech, I'll hang my hat on Suresh's decisions.  If it weren't for going the way he did a couple of years ago, it may well be that POET would have already folded, or we would have been diluted into oblivion in the hope of coming up with the GaAs vicsel, etc.

Look, a person may understand this tech very, very well, but if he or she misses one important point about it, they can come to a completely false conclusion.  So, again, if Suresh says, "this way" I'm going to follow him on the tech business side of POET.

Again, I see it as going all in on the IO, it either works well, or this will be a substantial loser for all of us.  At the point the GaAs was shelved, our odds were probably like 1 in 15; now I think we're no worse than 1 in 3.  Maybe 2 in 3.  But it's gonna take time, even if things go smoothly.  I sure hope the next three months is not taken up debating whether the deal that no one here understands fully (at least not so far from what I've read) is a good one or a bad one.  For me, it's Suresh's deal, and I like his tech decisions.