POET Technologies Inc.

in response to mackwheaton's message

Agree - For $9G you and Rainer could have collaborated and made this a much more positive press release without a lot of rewrite 

ie this statement didn't need the front part (my bold) "The Company will not be able to reconfirm its previously provided guidance to achieve revenue of US$2,000,000 in the second half of 2016, primarily as a result of unexpected production delays at its Singapore fab. It was anticipated at the completion of the DenseLight acquisition that changes were needed in the operations and organization of the business unit, a strategy for which has been developed and is being implemented.  Substantial progress has been made to date and will continue into 2017. The new guidance is for revenue in the range of US$1,600,000 to US$1,800,000 for the second half of 2016, and depends on closing and shipping multiple orders for sensor products, 2.5G DFB lasers and the timely completion of NRE for key clients."

A more positive alternative could have been something like: "It was anticipated at the completion of the DenseLight acquisition that changes were needed in the operations and organization of the business unit. We have developed and are implementing a strategy for this. Substantial progress has been made to date and will continue into 2017. Our new guidance for revenue for the second half of 2016 is in the range of US$1,600,000 to US$1,800,000. We anticipate closing and shipping multiple orders for sensor products, 2.5G DFB lasers and the timely completion of NRE for key clients. As a result of unexpected production delays at its Singapore fab the Company as noted above has reduced our previous guidance of US$2,000,000. "

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jets911
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POET Technologies Inc.
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PTK
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TSX-V
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Technology & Medical
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