It's definitely something worth asking/thinking about.

"The proceeds will be used to fund the Company's internal and third party development efforts necessary to complete the milestones required to enable the monetization of the POET Technology. The proceeds will also cover general and administrative expenses, and working capital."

"We look forward to Mr. Patricio joining the Board with his vast experience" said Mr. Peter Copetti, Executive Director of POET. Mr. Copetti added: "The Board is pleased that Pinetree Capital and other strategic investors have demonstrated their vote of confidence in Management's ability to monetize the Company's POET technology. The $5 million dollar placement strengthens POET's balance sheet and ensures that the Company is well capitalized to enable it to continue implementing its strategy to monetize the POET technology and increase shareholder value."