I am also in the camp that is anticipating an approximate 10:1 R/S and furthermore, I also anticipate a capital raise of some sort.

There are many posters who I believe are simplifying the process to obtain a NASDAQ listing. It is not as simple and a quick reverse split to meet the minimum bid price and up you go. I would encourage anyone to use this link and gain some sense of the scrutiny that the company will go thru to get listed.

https://listingcenter.nasdaq.com/assets/initialguide.pdf

In addition, the following information comes from the notes to the f/s from 2020 Q3:

DESCRIPTION OF BUSINESS

POET Technologies Inc. is incorporated in the Province of Ontario. POET Technologies Inc. and its subsidiaries (the "Company") design and develop the POET Optical Interposer and Photonic Integrated Circuits for the data centre and tele-communications markets. The Company's head office is located at 120 Eglinton Avenue East, Suite 1107, Toronto, Ontario, Canada M4P 1E2. These condensed unaudited consolidated financial statements of the Company were approved by the Board of Directors of the Company on November 18, 2020.

As at September 30, 2020, the Company has accumulated losses of $(152,309,557) and working capital of $4,894,257. During the nine months ended September 30, 2020, the Company had negative cash flows from operations of $6,581,042. The Company has prepared a cash flow forecast which indicates that it does not have sufficient working capital to meet its operating requirements and may therefore need to raise additional funds to continue as a going concern. As a result, there is substantial doubt about the Company's ability to continue as a going concern for the next twelve months from the issuance of these condensed consolidated financial statements. (bold is mine)

At the end of the year this will be formally expressed as a 'going concern' note disclosure. In addition to all the other requirements for listing on the NASDAQ, if an issuer cannot demonstrate thru one means or another that it has the cash to operate, then it is likely to have great difficulty in obtaining said listing. So, in my opinion there will be a capital raise sufficient to address this situation. And, let's all understand that the company wants to play in the deep end of the pool and we should allow them execute on their gameplan....period. We've trusted them this far and now many start doing back flips, ranting and raving and questioning their every move without even seeing or reading the Information Circular.

Lumenge made a good point, ther R/S is not being done simply meet the minimum bid requirements, there may be some very large funds etc ready to act but their minimums perhaps are $6-$8 USD just to get in the door, so again, trust management to execute, they've done quite nicely so far.

Sorry for such a long post, but everyone just chill on dilution etc and enjoy the ride (and there will be bumps along the way). 

Respectfully,

Hogan