Bingo TheWaitingGame.

You have hit the nail on the head. Bullseye.

The lions share of $0.35 issued warrants expire on or before Sept 10th and the remainder on Sept 28th.

But from the AIF and warrants that were exercised in July 2015, we can calculate that only approx 4M $0.35 warrants remained unexercised as of July 31st.

So that is about $1.4M total cost to exercise all remaining warrants.

With the recent sell down today, I would be confident in saying that the bulk of that $1.4M required is already en-route to the bank account.

So if my logic rings true, the $0.35 warrant overhang is virtually done and dusted.

Not long now all POET longs.

Short term pain, long term gain.

ST