I cannot post pictures, otherwise I would make a screenshot.

Please take a look at Mika´s presentation video at minute 16, provided for download by Rainer. 

Value of Warrants and Options: 40.4 M US$

ITM Options: 14.0 M  //  OTM Warrants&Options: 21.3 M  //  ITM Warrants: 5.1 M

Mikas words: "We do have some warrants and options outstanding, including some capital that we expect to be seeing to coming into the company from the excercising of warrants here towards the end of the year." Or something like that...

The same old question is: Does POET want more options to be ITM? Do they need the money in the pockets or do they want to keep dilution small? Are they comfortable with the actual share price for that reason and therefore working on a low SP? On the venture I would say there was a good chance for that, but on the Naz? Not sure about that any more...