“We have said that we would uplist to the Nasdaq when the time was right and from a position of strength, and we believe that time is now,” said Suresh Venkatesan, Chairman & CEO of the Company. “We are making substantial progress across a broad range of prospective customers with both standard and advanced products.  Although there is still much work to be done in collaboration with customers and suppliers to achieve commercial success, it is abundantly clear to us that the Company is moving in the right direction, both technically and commercially.  We believe we should act now and advance to a stock market where we believe POET’s accomplishments and future potential will be more widely appreciated and rewarded.”

I expect we will hear much more on the rationale of this timing.