Reuters info has been updated to include new classification and a new description!
http://www.reuters.com/finance/stocks/overview?symbol=PTK.V
It was funny, they sent over the updated description for me to confirm and it was for Applied Micro Circuits Corporation.
After a bit of back-and-forth I think they got it right:)
The nice thing is that Google picked up the new description right away:
http://www.google.ca/finance?q=ptk&ei=RqUfUtj6E6Lp0QHm5gE
AND . . . when I look at the profile in my brokerage account it is now showing the correct description.