This is a stock with huge potential Bucc. OPL is d
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This is a stock with huge potential Bucc. OPL is developing the POET Platform, a groundbreaking, innovative and disruptive core technology that has many applications like Semiconductors, RAM, Infrared, Telecommunications, Satellites, Aviation etc etc That Private Placement of $7.2 Mil is to further develop the POET Technology, and Milestone #5 of 8 is almost ready to be announced to the public. OPL has more than 30 Patents, a few are pending and this technology has been the life' work of Dr Taylor at the University of Connecticut for over 20 years. OPL has received many SBIR grants from the NASA, US Air Force and Missile Defense Agency etc. Thats why the OS is relatively low given the fact that this company exists for more than 13 years, because those govt grants have helped to pay for the development costs. With the crisis of the past 5 years the govt scaled the grants back hence OPL had to raise $7.2 mil through the public markets, but that amount should be enough to pay for Milestones 6, 7, & 8. Those Milestones ought to be finished in the next 3 to 4 quarters, and then it is ready to be sold, and/or deployed. Of course it is possible that this technology is going to be sold before all the Milestones are reached, the company is actually working on a monetization strategy as we speak, although I'm not expecting that in the first few months, perhaps within a half year or so, but that should give anyone who is sharp enough to see the tremendous potential to accumulate shares. Because POET won't be sold for less than a Billion $$! Remember, this is a groundbreaking new core technology that is faster and cheaper than anything else on the market, or in development as we speak! The biggest names in the industry will be bidding for this POET Platform, which is exactly what management is trying to achieve, a bidding war
Please read this Corporate Presentation for 2013 & pay attention to the big names mentioned!