But wouldn't that be considered "material news"?

Sure, they've basically said customers would be assisting in building out their own products, but POET is hiring people for their own larger operation, and surely the money that is being spent to build out customer products is largely consumed by that process, not paying for POET's new hires....

...or are they?

No one can deny the overhang the stock possesses because of the potential financing, we know the company should run out of money in 6 months or less depending on how much they are paying these new hires, so if everything is peachy and there's lots of cash floating around, shouldn't we know about that? There is no way the hiring of a VP New Product Development means anything but products, but the share price is 0.31. Something doesn't seem right.

All these GF new hires is troubling in that respect, I sure hope we aren't going to get fleeced in a takeover...