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

Free
Message: Re: Release:
4
Nov 18, 2020 04:49PM
3
Nov 18, 2020 05:01PM
1
Nov 18, 2020 05:20PM
24
Nov 18, 2020 05:59PM

TWG : I think they are getting their ducks in a row for a TSX uplist but they need to show sufficient cash on hand for the next 12 months which NRE should take care of.

Although an uplisting will be positive for the company, I hope management doesn't think it's like flipping a switch, that it automatically brings attention from institutionnal investors and a share price increase.

What makes me uncomfortable is the perceived lack of connection from Poet's management in the investment community in Canada.  During the bridge financing in 2019, we had to go through IBK (our loyal partner) to raise 4,9M$.  It was not an easy task, it took them between april and september to come up with that sum of money.

Poet is so close to product revenues.  It probably will help raising some cash, but I can't help being a little concerned of when the money will come and from where.

What if David departure from the BOD was planned to make room for a strategic partner injecting cash? :-)

11
Nov 18, 2020 06:57PM
Share
New Message
Please login to post a reply