il will give POET sufficient cash on hands to sustain the 2.5M quarterly burn-rate.

We should be relatively close to 20M$ cash on hand post this financing and with the further cash coming in from warrants/options.

Well done, too bad as it could kill the short-term momentum but who knows maybe not. I sure hope it doesn't !

While you aren't generating positive cashflows you take the money before you get cash strung and than have to beg for a financing.

Way much better financing than the one they did with their "sophistacated inverstor" at HC&W.