What I really, really hope, is that management has learned from their and others' past mistakes and have this process of RS, Upgrade to Nasdaq and Public offering benefiting long time shareholders and dilluting as little as possible our current positions, and not only benefiting large investors and financial institutions.

They can also take example from other companies, like Sangoma (disclaimer: I have never had and I do not currently hold shares on it) which has taken a very similar path with what Poet intends:

- it has upgraded to TSX

- recently has gone through a 7:1 reverse split  

- it even recently announced double quarterly revenue Y/Y

- and it has announced listing on Nasdaq and an IPO for a number of shares, price depending on market conditions

Guess what: as soon as they announced the IPO without specifying the price, the price has been driven down, most likely by those intending to get into the IPO on a lower price.

What the company has done at this step, it has terminated the IPO, and that in my opinion shows a management that values and works for the benefit of the existing shareholders.

I keep my fingers crossed that our management will have our best interests in mind and we will all come to enjoy a real growth of our investment.