A PP (private placement) makes no sense what so ever.

1. Poet currently has over $10 million in cash.

2.The company has 42 million in outstanding warrants and these certainly will be converted with the inevitable news forth coming.

3. If you speak with IR; Poet is well aware of the current high level of dilution and do not wish to unnecessarily upset that balance further.

4. If you speak with IR; you would also find that IF there is further dilution, it would come in the form of a 3rd party taking a position in PTK.

5. A cash infusion should be right around the corner with NRE revenue in 2015.

I think we can rest easy as I really do not see a PP as a viable threat at this point.