It never rains but it pours. Said another way the flood gates are going to open.  I think that POET's statements regarding the paying off of the bridge loan with the first tranche is telling us something important. I think the only way they would use the first tranche for this purpose is if they knew there was more money coming and soon. I expect we are going to be hearing about new NRE and that they are at a point where they can begin to spend some time and money on a PR campaign. 

I  am not  paying much attention to the day to day for  now but after they have the  first tranche in hand and pay back the loan it will  not take much math to  figure out that something else is  coming ahead of the  next tranche. We will see.