I dislike R/S, but there are exceptions --- Poet is an exception, because of their exceptional opportunities. Even $5 stocks on the Nasdaq are like "penny stocks" on other exchanges. The big money mentality are for the $10US and above. Penny stocks that are good usually run from a low starting point to $1 (once credibility of opportunity is proven). On the Nasdaq the runs usually focus on $100US. The Nasdaq is home to the tech megacaps. To be in that league, a company needs to be "priced for that league". It may indeed come down to certain fund managers that their clientele will not look at any stock under $20US (or whatever that amount might be). No matter what, the market cap stays the same, but when on the Nasdaq, excellent start-ups like Poet, can quicky balloon their market cap because their supporting numbers and opportunities make sense. The share price might be a cosmetic thing, but you would not attract serious investors if the stock had 2 billion shares worth 10 cent each. On the Nasdaq, there are 2 billion share floats worth mega billions. If you have someting that everyone needs in a hurry and you are in tech, the Nasdaq is the place to be.

The range of R/S being considered are probably earmarked for possible institutional investors' minimum share price before being considered. What Fairchildj posted seems to hone in on what Poet management intends to do. In the meantime, the higher the share price goes, the smaller the R/S will be. I hope that we get some news before going on the Nasdaq that propels Poet to a market cap in excess of $1 billion+. It might be wishful thinking, but Poet was worth around $500+mil market cap way back during the Dr. Taylor era. This time it is vastly different. Poet had something potentially disruptive back then, but not commercially viable. Now Poet has something that "is disruptive" and is "commercially viable". Furthermore, it is anticipated to be in high demand in at least 4 pillars (high growth areas). I feel that others may approach Poet for their own niches (pillars) as well over time. It will be very exciting!

monolithic