My big takeaway is the update on the beta samples. It was always a bit unclear at least to me at what stage we were in. We now know samples will be going out in the next few weeks. This should be around mid May. Customers need to qualify them anywhere from three to six months. Based on that statement production should begin anywhere from August to November. And I feel at least one of our customers will only need the three months to qualify. Just my opinion.
Also nice to see the cash reserves of 21 million and a burn rate of about 1.2 million per month with zero debt.
Looking forward to the conference call later this morning. Maybe some other exciting tidbits Poet will announce? Even if they don't I feel very confident,
Any doubters out there or new investors? Poet is a real company, with real products to offer. Cutting edge technology with increased efficiency and cost savings. Not to minimize the versatility of the product with numerous paths to revenue.
Very exciting times are upon us!