From further communication with Chris
posted on
Nov 06, 2014 03:30PM
(paraphrasing some of our conversation)
-Management does not command nor control share price or they will be labelled the Saint or Sinner dependent on the direction of where the price is trending. They will not nor should not comment on price direction unless required to do so by regulators.
-Stock traders will take advantage of liquid stock which a reverse split would help to alleviate but that’s neither here nor there.
-98% of institutional investors do not invest in micro-caps. It is against their corporate governance/risk adjusted models to do so.
"This isn’t to say that I don’t believe POET will have its day. I’m very hopeful and excited for the Company and at the prospects." (quote)
-Large Companies like BAE and Synopsis to allow themselves to be quoted in a 3rdparty’s PR is a huge feat.
-At the end of the day, the share price should be based on some fundamental analysis and multiple of earnings or potential future earnings.
-Logically what would happen or should happen is they get a deal, it’s announced, the stock price starts to soar. Options/warrant conversions should come in hard and heavy and it might weigh down the share price so that it can’t rise above a certain ceiling. (New investors won’t buy in, if they know they are going to get diluted). At the same time I would envision an uplisting as they should have enough momentum and the correct share price to get listed on NASDAQ,...UNLESS the options conversions prevent the share price from getting high enough. (But they have built in protection against this in that they COULD invoke a reverse split to combat the share overhang issue.)
-All in between and during, investors and yes retail investors who have sole control of their own shares, will have the option to cash out or go along for the ride. In any case for the share price to go up its supply and demand. Institutional investors will begin to trickle in all along the way. Retail investors want this to happen because institutions take shares out of the market. It stabilizes the share price and allows for investors who have been in POET for very long periods to have the option to exit with a return on their investment.
http://www.poet-technologies.com/wp-content/uploads/2013/07/Disclosure-Policy-21May2014.pdf
Until such time as the Corporation has made appropriate public disclosure, as authorized by the
Committee, the Executive Chairman or the CEO, no Corporation personnel, representatives,
including directors, officers or employees, may comment on or substantively respond to inquiries
or rumors concerning:
a) prospective developments or transactions involving the Corporation (including without
limitation inquiries or rumors relating to the status of discussions, or the Corporation's
plans, with respect to an acquisition of or by the Corporation);
b) developments regarding the Corporation's products (including without limitation
product testing, marketing, and scheduled release dates); or
c) projections of, or guidance regarding, future financial performance by the Corporation
(including without limitation reaffirmation of any previously provided projections or
earnings guidance).
All Corporation personnel and representatives will respond to any inquiry or rumor regarding the
matters set forth in this Section only with a statement to the effect that it is the policy of the
Corporation: (i) not to comment on or respond to inquiries or rumors concerning prospective
corporate developments or transactions; and (ii) to only refer to previous public statements or
guidance about future financial performance. 10
An example of an appropriate response statement is:
"It is the policy of the Corporation not to comment on or respond to inquiries or rumors
concerning prospective corporate developments or transactions, or future financial
performance."
It is important for all Corporation personnel and representatives to recognize that a statement to
the effect that they are "not aware of any information" or a denial that any development or
transaction exists is not the same as the statement required to be made by this Section.