Dear AKK,

I believe we all share your concern that we are not here yet as regards value.

We are all invested in the belief that Photonics Integration is the next big thing in technology, which indeed it is. I was aware of the need for phonics to speed up communications within computers and between computers as far back as the mid 80s it's an old chestnut of mine, but the world and his mam however, believe that the technology that will make that happen will emerge from the current leaders, big names,in the technology not minnows like POET Technology Inc (PTI).

My logic for choosing to gamble on POET is that if you want to invest in the big fish, a CISCO or SANAN, you will pay significantly more of your hard earnings, or inheritance as in my case, to take a stake in the optics game than gambling on minnows like POET.  The truely remarkable fact is that the big fish are now investing in a commercial sense in the minnow PTI. Surely the odds in the race to achieve the next big thing in optics have turned in PTI's favour. 

 The naysayers here will have it that the paper proposal to form a JV is worthless but it is in fact the biggest indicator that the POET Optical Interposer is indeed a disruptive product as Vivek elegantly explained in his AGM presentation.  We don't know who the the Tier one is but the name is irrelevant apart from its advertising effect, its is however a great endorsement of the OI's efficacy.

My conclusion in answer to your valid concern is that management are anxious too about share value but they now do have a plan to emphasise the advantage offered by POET through Vivek presenting what was said to us at the AGM to the wider audience of investors at the Wainwright do and other upcoming events.  I foresee the potential of a tipping point not too far ahead AKK and feel far more relaxed and patient.  

They recognise the need to do more for investor relations so don't overly anxt - all is in hand.

sula