In my job, I have been in negotiations with potential vendors where our executives look at their financial stability or overall market "perception" if the vendor is publicly traded, before signing on the dotted line.

This may very well be the case with Poet and the reluctance of a potential partner or early adopter to sign with a company whose primary listing is on the venture exchange with its dicey reputation.

In essence, the partner may be saying, ok this tech seems legit, but I need to know management is fully above board in its forward looking statements. Get on the Nasdaq with its strict governance standards, show us some SP stability and that will be the tipping point.

It's easy for us to focus just on the technology aspects. The business and liability side of things sometimes take precedence, especially when the lawyers get involved.