"It is also a joke that the POET Sanan JV is heralded as a non-cash contribution by POET, yet, they are responsible for 80.7% of its losses."

Doesn't mean they pay losses out of pocket, it means they are allocated that percentage of the losses. Could come in handy if we ever have profits which will be offset thereby.

What is bothersome to me about that percentage is that it has not changed since the first quarter. To me, that means Sanan hasn't contributed any more capital into the venture. FJ and others far more knowledgeable, do you have a different take on that stat?