To all who've responded to my last post, I believe the square footage and patent issues are fairly clear, as the US Patent Office has current data and it's irrelevant where the filer works --- if he or she receives a patent, it's in the gov't records. As for manufacturing space, AVNX's filings don't indicate any changes other than the option to lease the additional 91,000 sq. ft. mentioned in their most recent filing. No matter how you divide up the space you don't come near to having 150,000 sq. ft of manufacturing, making GG's research sloppy at best, misleading at worst.
As for the difference between 450 and 163 workers, it's reasonable to assume they had more than the 163 listed as of Dec. 31, but a stretch to say they had 450 at the time of GG's visit. If someone can give me the exact day he toured the company, I could call and ask.
My point, for those who failed to see it, isn't whether Cao has 2 or 36 patents, or whether AVNX has 80K sq. ft of manufacturing or 150K, or whether they have 163 skilled laborers or 450, it's TGR's veracity.
If Avanex has real products, they may very well succeed. The question investors have to ask --- and I believe someone did --- is what price you're willing to pay to own a piece of the company. MCI Ventures paid 13 and anything investors pay above that is subsidizing the products they buy.
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