Just to add to that the goalposts have always been moving as far as company direction is concerned. The business plan has been changed several times. The new Venkatesan era business plan is as per #4 below. 1,2 and 3 were Peter Copetti era. PC knew he had something but SV sees the true potential. #4 below is underway and we are all Expecting Results. We are in our best position yet and are soon to be revenue generating from our POET VCSEL which will fund the go forward plan of creating a commercially viable POET IC.
1. survive, raise funds
2. sell the company for $1 Billion
3. License the IP
4. product development lab to fab, partnerships and IP license, sales