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: Re: ATM Blues
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Oct 02, 2023 12:30PM

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POET is raising money at the moment. Meanwhile, investors are worried. How many dollars can they raise without dropping below 2$/share? About 2-3M maybe, maximum? That's an extra 2 months runway. I do believe it is part of the plan. In light of the prevailing unfavorable market conditions, where positive announcements have minimal impact, it makes sense to leverage the situation to raise $3 million, even if it may cause some initial unease among investors. Subsequently, the company can unveil major announcements with substantial and far-reaching effects, such as joint venture news or funding updates. This is likely to drive a rapid increase in the share price, as both individual and institutional investors recognize the potential in this undervalued company. POET can then utilize the increased trading volume to secure funds for the upcoming year, and it's quite conceivable that the share price will once again exceed $10. The technical side was an issue or concern a couple years ago given the uncertainty back then, but it isn't anymore, in my opinion. So credits on that management. All we need is transparancy about financials and financial backing, now.

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