Is it possible that some company (Customer) or fund wanted to take a "LARGE" position in Poet to protect their interest going forward as a new "paradigm shift" was imminent and that R & R was engaged on their behalf to "Front" their investment and that IBK, Cormier and the road shows were just a small position in the placement to disguise the real purpose and served as window dressing to this "Public Offer"

Assumimg that $10 million Cdn was their interest it would give them approx 27.7 million shares with warrants that equals 55.4 million shares or just under 20% of the company .Any ownership over 9.9 percent must made made public but because of NDA's they may have taken their shares in the placement through various subsiduaries.

I believe we have a new "Major Shareholder"......and to add to that it's interesting that our new CFO is not appointed untill Nov 2nd ...the date the Placment is due to close and his appointment may be related to our new investor requiring a position on the board.

Our management are "The Best in Class" ...so the rumblings of this offer not being inline with our outlook going forward is totally absurd

Time will telll.................................................................

GLTA

Only my educated HO.....

BTW....increased my holdings by 300%