The platform is, as yet, unqualified and the CEO has told us nobody has adapted the platform prototype to a product yet.... what's so hard to understand about the shareprice?

Until the company says "yes, it works, yes it's qualified and yes, company X is buying a gazillion of them to use in this product" nothing is going to change.

There is no good reason why the company cannot update their shareholders as to the status of development, what exactly is going on in Ottawa, England, France, Thailand, Malaysia and where ever else the company has said they have "agreements, partnerships, etc." The NDA myth is just that, a myth. POET is capable of discussing their own current situation with their shareholders if they so choose.

They simply choose not to, and that falls directly on Tom Mika, with his tainted past, and Suresh, for letting him away with it.

As to the question of valuation, I would simply point out the the securities commision requires a sharholders vote on the disposal of any asset valued at greater than 50% of the company's total value. Denselight is selling for less that 30 million dollars. That means that management feels the IP value of the interposer and the GaAs tech is worth less than that ($30 million). The market hears that and responds accordingly.

In the end, it boils down to either distain for shareholders by management, or the tech isn't as far along, or as glorious, as we have been led to believe...

IMO of course