It is so important at this stage for POET to have a healthy balance sheet. It provides them with so many options for growth that would otherwise not be available.

Lower capital investment in equipment and facilities leaves room for focused investments in design, marketing and sales. Access to non-dilutive debt financing or lower-cost equity all help to sustain and enhance long-term shareholder value.

It is hard to imagine the amount of work that ends up on management’s desk in running a fab. I believe that this move really is going to accelerate the delivery of the Optical Interposer applications. Giving management more time to do deals without the threat of being ripped off by customers who see a cash poor company with products that they need.

I like it. I really do.