Suresh wants a capital raise, and a rapid expansion of the company to get this platform established as a standard as quickly as possible.  Pick up more shiny rocks, and strike while the iron is hot.  Yes, it would be dilutive, but I'd bet that Suresh already has the moves in mind that he'd make if POET was heavily cashed up.  He has worked with a large budget previously, and I don't think we'd look back, and say that he made a mistake in pushing a rapid growth model.