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

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Message: In the words of Suresh

SV, 37:18] I don’t want to speculate on share price. It really doesn’t make sense for me to do it. Of course we would love for it to go up to the moon right? We believe we are deeply undervalued now, and it’s been difficult to see what’s transpired over the past several months. The issue related to the share price and the consolidation ratio is, if you are going to move to the Nasdaq, why are we doing that? We’re doing that to gain access to high quality institutions and investors.. take a long-term view of the company, and provide more liquidity to all the shareholders. To provide more value to all the shareholders. And then really its where the big tech companies are and we’ve got to do it. If you are going to do that, you also want to make sure that you are accessing as many of the institutional investors and several of them can’t invest in stocks less than $5. Even their brokers are prohibited from soliciting orders from retail clients for such stock. So we don’t want to be in that position, having made the move, and artificially limit the type of investor. So we would like to break that $5 per share barrier, but obviously we don’t want to do it with a terrible consolidation ratio. So obviously we formed a committee, off the board. We are going to be looking at it and reviewing the situation and determining what the right timing would be, the right consolidation ratio would be. It’s a balance. We just go through the process.

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If I am not mistaken, one of the recent analyst reports commented that the expectation was to report a large customer contract in Q1 and follow up with the uplist to limit any consolidation ratio.

I am sure POET is courting the kind of funds who see the level of growth that is taking place associated with POET's increasing field of applications. 

POET has been driving home the facts that make this technology a good fit to provide the planet with low cost production (10X lower CAPEX to existing), energy efficiencies that fits the power budget needs of a constrained system, and the ability to shrink the footprint and provide solutions that have not existed before.

Is all of this falling on deaf ears? I think not but I think that smart money knows they can continue to accumulate at least until the new year before those that are taking profits now in Y21 or taking a tax loss are finished selling. I think yesterday when the 100k buy order got filled first thing at the start of trading and did not create any kind of momentum but was immediately dropped with a few very small sell orders I think that kind of says it all. Buyers are taking advantage of the current status quo.

I think the new year is going to be a very different story where stated goals of commercialization by the company will materialize. Many of the competing platforms do not have the advantages that exist with the optical interposer and are still under development. POET is market ready. The creation of the JV facility tells us this and the creation of the new hybrid optical integration facility with the Singapore government and University are telling us that new applications necessary for a smart world are anticipated.

BRING IT. We are ready for it. 

I know we are all tired of seeing the share price so undervalued and it would have been great to have a nice POET enabled Christmas present but when the tide turns I believe it will be easy to justify holding what we have because the value is there and it will be time for POET to make a big splash in the US market. A NASDAQ listing at a pricing that will be easy to justify to that very large pool of institutional investors would certainly be the reward we have been waiting for.

 

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