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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

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Message: Re: POET Technologies Closes Fifth Tranche of Convertible Debentures

Well it appears to me that they were finally able to raise the $5M that they had to raise under the bridge loan agreement. Other than that, I don't see why they would have put the effort and time of raising such a minimumal amount. It was probably tougher than they expected

Let's close the Denselight Sales and repay Espresso capital from the expected proceeds from the first payment on October 31, 2019. thye are paying 19.25% on the 3.1M$ owed to Espresso Capital.

Other than that, I hope that the first payment will be substantial and finally lift that going concern issue

Have a great AGM

 

 

 

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