I firmly believe the only thing keeping the stock down is a lack of interest in Poet stock from just about everyone except those who frequent this board.  Getting the second tranche money will help, but hearing about the "eighth estate" being successfully completed will be even better.  Then they assemble the parts and test that, right? 

Will the "smartest" money jump in on news  (public or private news, could be either) of the completion of the eighth estate?  If so, that money will be saying that the assemblage and testing of the finished device should work, if not, then I would think that there remains material risk in the testing of the assembled OI. 

While far from dispositive, volume and price are indicators worthy of note.