I don't believe a word of it.
There is an ongoing build up of latency in this company and at some point the lid has to come off in terms of the technology, contracts or revenue in the form of NRE or orders.
News is coming and what amounts to the point when its deemed material is linear and firmly in the hands of the board. Given the information policy there is a plan and a process for releasing news once its deemed material. Was the regulatory action a shot across the bow to for PTI get on with it because of rumblings or complaints of withholding.
The POET Fab and R&D facility at Singapore is at full tilt and the number of employees increasing weekly. This increase the possibilities of leaks, as in my experience of the financial world in HK investment amongst citizens both in HK and Singapore is a bread and butter popular activity.
JACK de Bear heard something on the grapevine for sure and Shash, now justly upset, has contacts. Who else knows?
I trust we all will and, on the basis of probability soon.
Sula