Re: Response to fairchijisback

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

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Doodlebug

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Re: Response to fairchijisback

posted on Oct 24, 2014 06:38PM

I agree, but on his following quote I will hypothesize another possibility...

Fairchij - I am very convinced that it won't be required at all. It was a tool available to the company for an early entry to the NASDAQ if required. What would make it required? I don't know but I can speculate that they saw the potential for business transactions which required a NASDAQ listing.

I think they will announce partners/revenue before entertaining the RS. If after these occurrences, the PPS does not sustain itself enough for NASDAQ uplisting, Poet will "require" the RS to get to NASDAQ.

PS - Those having the heebie-jeebies about the possible RS should only read about the positive use of reverse splits; many were posted here. Take assurance from the fact that nothing fundamentally has changed with Poet. If you are mostly reading the negative perspectives on reverse splits which, I agree, they strongly connotate that a company is in dire straits. But, ditch those ideas because Poet is not even remotely close to being in trouble. Yes, the market does not give a rat's hiney about this being a positive RS - they only see it as a big negative. But, readers here have no reason to react like the uneducated market.