Re: Many Ways To Finance Now .... (LOIs POs,etc.)

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Reply New Message

Prev Message Back To Forum Threaded View Next Message

monolithic

Rank: Treasurer [?]

Points: 2057 [?]

Votes: 161 Score: 2.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Many Ways To Finance Now .... (LOIs POs,etc.)

in response to

Re: Many Ways To Finance Now ....

fairchijisback

posted on Nov 28, 2018 08:40PM

If I'm not mistaken, POET could go to the bank with Letters of Intent, Purchase Orders from Fortune 100 companies and maybe have some sort of guarantee applied on a portion of any loan, and a bank may front the money. Of course, they will play around with the interest rate, but POET would probably qualify for a solid working capital loan (if/when needed).