Mika said this the other day
"Except for speculation around this offering, we have experienced no changes in the Company’s plans, commercial efforts or operations that would be a reason for the recent declines in the Company’s share price.”
From MRIs post
"The important thing for me is customers. We had eight, yes eight companies expected to purchase Poet products in the third and fourth quarters. That number went to"zero".
I think Mikas statement above is somewhat disingenuous. Their plans have changed and significantly, resulting in the need for a bridging finance. It's clear from the zacks report that the timelines have now shifted to Q1 2024. But, is this the same 8 customers as mentioned before.
"We now expect POET (NASDAQ:POET) to start selling Interposer wafers in volume to SPX in Q1’24"