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  4. POET Technologies Inc. (POET) Message Board

At this point in time POET doesn't have any revenu

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Post# of 1145
Posted On: 12/05/2013 10:49:20 AM
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Posted By: sevenOdouble
Re: MicroCapStocksRock #437
At this point in time POET doesn't have any revenue yet. In the financials one can see $85k but that stems from an SBIR grant from NASA. They received a $750k grant last year & they're paid in increments each quarter. Having said that revenue is one PR away as MS7 is tied to the production of IR Sensors with BAE Systems (third biggest military contractor in the world). MS7 is in the hands of BAE now & POET has been waiting on the green light from them. It could literally come any day now. Then again it could be a couple of weeks. Nonetheless, its close! Depending on the $$ amount involved we could easily bust through a $1 here. Then followed up by MS8 and/or a PDA agreement with one of the top ten semiconductor businesses in the world! That will surely cause a buying spree and the stock can travel north for days... I'm ready, bring on the fireworks!


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