Here are my thoughts.

1. Nothing fundamentally has changed with the investment thesis I have for POET. In fact, things have greatly improved in the last 3 months.

2. We cannot control the SP. There are many different types of investors, with many different investment timelines, mandates- what have you. We may never understand why some folks behind Anon decided to sell today...it could be due to something completely unrelated to POET, it could be a risk re-balance, it could be something else –don’t know.

Here is a thought....

It is possible some entities came into POET a significant way playing a big pop event on PDA, P2, 100NM...possibly these entities came in pre Empire club, during the run up. It is possible some of these entities wanted a quick bang (1, 2 month run up and out) and have realized this will take a little longer …..MAYBE some investors see risk in quarterly EPS reports/statements, AGM's and other events where strategy can shift somewhat, and decide to take a little off incase mgmt does something they don't like.

It is for these reasons why we need to get to a bigger board to allow larger institutions to soak up POET shares, who generally hold for many years. There are still too many trading POET vs. investing this name, in my opinion.

For me, absolutely nothing has changed in this investment. Ajit is on board and can connect POET with almost anyone, P2 looks like a great floor to begin any buy out conversations (which I expect to many times P2), 100NM is in the bag, design kits are being made, prototypes are in the works, PDA’s (plural) appear to be imminent etc. Great times ahead.

Folks, I have paper losses of over the last few months that may be on the larger side on this board. My word to you I’m not worried one bit. I believe 100% in the tech, the MGMT and the end game for POET. Nothing has changed this belief today, this week, this month or the last year.

Think back to why you purchased this investment in the first place. Go back and view a few links, articles etc. This is a once in a life time opportunity. Don’t let the short term thinking of others, others priorities etc. change why YOU invested in this name.

Some cynics on the board may call me the raw-raw type but quite frankly, you can worry about the herd, or you can believe in your own convictions and make the money you deserve by recognizing this name (early) and sticking with it. You are looking at a QUALCOMM, ARM or similar in its early years right now.

Big picture folks, big picture. I look to buy great companies, with great underlying business models/opportunity, and hold them until they are fully valued. POET has a long, long run ahead (UP!) for those who boldly chose to go along for the ride.

Note: I bought more today in the 1.20’s.

Best,

TechGC