As a long time shareholder I would like to provide some input now that your team has significantly changed. Can you please communicate with us better and please do not set unrealistic timelines on almost everything. I would prefer no updates to an update that is so open to interpretation, and often does not provide any clarity. I am happy with the progress you have made with the technology, although it is difficult to know this with certainty. I do believe you have tremendous potential, Peter has left you with strong finances (well done on that front), but execution of a great plan will be paramount.
Most importantly, you have consistently mentioned "improving shareholder value". I would like to stress that as a shareholder, what this means to me is a higher stock price. I do understand that this is complicated and takes time, and is constantly changing, but I would prefer to be a lot less confused if at all possible.
Good luck over the next few months, I feel they are critical to "improving shareholder value". Your credibility is at stake!
Thanks for all that you have done, and better luck moving forward. A good start would be at the end of September (or close to it, certainly not in November), with "communicating the vision, objectives and accelerated drive to product realization" - please clearly communicate this as best you can.
I do hope the bar has been set significantly higher. If you execute, get some deals and revenue, and increase the stock price significantly sometime this year, as a shareholder I will be happy.
Sincerely and respectfully,
POET Shareholder (long and strong, but fatigued and frustrated).
