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: Warrants
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Mar 14, 2020 04:05PM
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Mar 14, 2020 04:50PM
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Mar 14, 2020 06:50PM
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Mar 14, 2020 07:02PM

 

We do not yet know what good has come from the OFC.  Our disappointment may be misplaced in the absence of an information update.  And, I do think it reasonable for Poet to update shareholders on the Conference.

What is sure is that the banking and hedge funds all see trouble ahead—Repo @ 1 trillion now—credit bubbles and margin calls coming home to roust.  The NBA, NHL, baseball training, along with conferences, cruise industry, theaters, and general travel all been curtailed.  “Without a lifeline from government we will have a sectoral financial crisis [with airlines]," according to the International Air Transport Association.  The hospitality business look bleaks as we begin to practice social distancing.

Since the Codvid-19 event the market sentiment is in reset mode, etc., etc., etc. 

Do you not think it is time to consider all methods of financial stewardship?  Poet is very small and poorly funded (Startup?), in a highly unpredictable black swan world.  Any legal manner or method that slows our burn rate, and extends our potential for additional funding or revenue (from any source) should be appreciated and pursued. 

…And; that would mean making WARRANTS and/or OPTIONS attractive!

We need to consider funding NOW, for the yet still unsuspected events that await Poet.

PP, “The company, regardless of the circumstances should not extend the warrants in any shape or form....period.

Baba, “I hope there is no need to do a darn thing with the warrants.”

PP., Baba; yes, the warrants @ 0.75 are toast.  However, extension or accomodation shouldn’t/needn’t be out of the question IMHO.

TMI

 

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