Pauline/Terry, per your thoughts "raises the question, for a million dollars, why would Poet not acquire, to continue the buzz, and to maintain a toehold in the military sector."
I think POET wants to avoid any direct relationship with military/government clientele and forego the compliance issues/resource drain.
I am also thinking that Mr. Warrior may have plans for utilizing POET technology in a new venture and wants the capital to finance a startup.
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"Mr. Warrior clearly has value, but as shareholders, it is not transparent to us. Why continue appointment and allocation of options?""
We could see a change in that status depending on what he does post Alfalight.
Best I can come up with.