Agoracom: Small Cap Investment - POET Technologies Inc.

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Reply New Message

Back To Forum List View

Andrea Koch

Rank: President [?]

Points: 5072 [?]

Votes: 93 Score: 3.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Liquidity for the next 18 months

posted on Apr 04, 2014 07:13PM

From the MD&A (including the grammar error):

"With the addition of the $5 million dollars raised subsequent to the year end and the proceeds of the warrant exercises, the Company is expects to have sufficient liquidity to support its operations and technological programs over the next 18 months."

"$5 million dollars raised subsequent to the year end" means the private placement of last February. If those 18 months begin right now, the company would have liquidity until September 2015. I think this is enough time to not get under pressure by potential partners. Anyway, if we cannot make the breakthrough by then, we probably never will.