The purpose of listing on Nasdaq was to attract Institutional buyers, who apparently only buy stocks if valued at minimum US$5.00. Hence the punitive 10:1 reverse split.

As of now the last trade on Nas was US$1.32. This means just to be of interest to Institutions  Poet must increase in price approx 3.8 times.

On the Canadian side of things we recently hit a year's low of $1.62. To get back to where Company Insiders astutely sold their stock @$1.56/ $15.60 post split ( NB:but did not do a financing ) we have to increase about 9.8 times.

It now sits @ $1.81/182 level.In old pricing (pre' reverse split) this is 18 cents.

I guess there are many, many, current shareholders whose average cost ranges at anywhere from 40 cents/$4 up to $1/$10 or possibly more; a fortunate few may be lower than 40cents/$4.00

It certainly has a long, long, way to go.

Here's hoping we get some amazing and unexpected good news that dramatically changes the miserable direction of this technically brilliant stock and drives it skywards.It certainly is long overdue... just wishful thinking.