The present small company bear market is hitting not just Poet but many good small companies forcing them to raise money at prices that would have seemed crazy two years ago.
Meanwhile, mega-company dictatorships are getting bigger and what is the future of countries and our so-called democracies?
Inflation and interest rates seem to be easing, which is now a positive.
What Poet needs is a dedicated sales team to get stuff sold outside of China and explore India for sales and joint partners. The present weakness of Poet is likely not helping sales and causing delays.
I see Superphotonics as a great asset going forward with production now increasing rapidly and the asset value to Poet will be soon visible. Revenue to Poet will be the sales of wafers to Superphtonics but the asset value will be more than the present capitalization of Poet and will look forward to a floatation on the Shanghai stock market.
Just my thoughts.