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: The bottom line

To require dilutive financing (after the disastrous ATM scheme) implies there is no significant production on the horizon. I suppose we already knew that, but we were also sold a vision that moving to the Nasdaq would somehow expose us to a bigger fishing hole of investment.  That move (which always felt grossly premature and rushed) and the reverse split that preceded it, have been a flat out disaster.  Those strategies fall at the feet of both Suresh and Tom.  

 

And with the greatest of respect to Suresh, he's an engineer, not a business person.  Under his guidance, POET has never provided cohesive communications, promotions, or marketing strategies. After how many years of touting a "disruptive" technology, we still seem incapable of convincing the significant players of the benefits of our platform. So we're not very good at sales either.  What ever happened to that Rich Zaccorillo (or whatever his name was).  Disappeared without a trace...or a sale.  

 

I'm not even sure what to think at this moment.  Despite all the "positive" developments with the company, we are basically valued at 26 cents right now pre-split.  Clearly, the dramatic decline in the share price recently was a reaction to this impending offering and dilution, which is also concerning.  

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