Indeed - quite a surprising week so far with a positive PR last Friday and here we are at $0.45 just 5 trading days later!

When someone (Anon) sells 450K shares in a day where 588K shares were traded (yesterday), we get a down day.

And again today Anon was selling quite actively.

Fortunately there was an uptick in demand since the PR which reduced the negative impact this degree of selling would otherwise have done to the SP.

All we can do is sit back and wait until this seller has finished .... it is what it is; and if the increase in average volume continues / increases we will bounce back a little once the spike in selling is done.

Who knows the reason for selling; margin call, needs liquidity, lost patience who knows and frankly who cares as we can't change it.

What is most important is company fundamentals.

The outlook for POET appears remakably good when you consider we are expecting MS5 and MS7 in the next 5 and a bit weeks, POET has circa $5.5M in cash (definitely no more PP's on the horizon) which should be more than enough cash flow to cross the goal line. When I say goal line I mean the point where 1 or more JV/Partnerships are announced, which from the PR last Friday, it is reasonable to deduce that there are more than one interested parties and solidification of this should transpire in the short-term.

The importance of 1 or more JV announcements (especially if it is with a big brand name) is huge; the awareness will increase exponentially, which in-turn will attract new buyers (volume increase). More importantly it is reasonable to expect any JV will mean some form of cash injection most likely in exchange for some type of "exclusivity" arrangement; there are several market verticals POET can license out exclusively if prudent to do so.

The potential structural arrangement of any JV has so many permutations it is really pointless to guess what form they might have .... but cash injection / future royalties etc are certainly most likely which is very positive from a cash on hand and potential revenue stream perspective.

I agree with some of the previous posts today that point to a very interesting / exciting couple of months ahead.

All we need is one global brand company to join in a PDA and the dynamics of the company and the SP will change in a very significant way.

I don't want to sound like a broken record ..... but I am convinced patience will prove very worthwhile.

ST