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: News,,Poet to report YE Tues after market

What is wrong with this picture??? 

We have a market cap of $282 million. 

A share price at the close yesterday of $7.75….that’s $.77 pre reverse split.

 

According to Tom, we have 8 customers committed and many more ready to commit.

I bet only one of these companies would satisfy this present market cap when the deal is signed, the sales numbers in place, and money in Poet’s pocket. 

Over a year ago we were told by the company that we should have a market cap of well over one billion dollars.

If we had 8 customers committed, we should be at least worth one and half billion dollars and that’s being very conservative, a share price of 8 x $7.75= $62/share. And that’s nothing, That’s only $6.20 reverse split share price.   

I’m scratching my head at this share price of $7.75? 

 

In fact, I think the problem is that there are not enough shares to go around and we need a share split with a ratio of about 20 to 1. Ha, but I,m not kidding. T

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