Fj, per your post, "What I expect is for POET management (Suresh) to address the circumstances that created this situation. You can't be judge and jury without hearing the evidence and we have no idea who is even responsible for the decisions leading up to the collapse of the share price."

Does this shareholder letter address your expectations? Not mine.

As for the "we have no idea who is even responsible" part, here's some help: the CFO's reply to a shareholder letter sent to the company in August on behalf of several dozen interested investors:

Your letter, dated August 16, 2023, signed by some 47 presumed shareholders* has been reviewed by members of management, the board, and outside counsel, as promised in my email response of the same date.  In that response, I confirmed that all of the actions taken relating to the ATM proposed by management were reviewed and approved by the board of directors.  We believe that those actions were in the best interests of the Company and its shareholders. 
 
It is inappropriate for the management and board to make detailed comments about recent past or future financing activities. It is also inappropriate for any comments to be communicated to a select group of shareholders in the form of a letter or email.  Therefore, we have no further comment on the letter or any of the concerns expressed therein.

We appreciate the time and effort that you and the individuals who signed the letter put into communicating your concerns.  We sincerely hope that you will give management and the board the benefit of the doubt that we are all working in good faith toward the ultimate success of the Company. 

Please feel free to share this response with the other signers or any other parties that you care to.

On behalf of the management, board of directors and employees of the Company, we thank you for your continued support.

Sincerely,
Tom

Thomas R. Mika
Executive Vice President & Chief Financial Officer
POET Technologies, Inc.
Cell:  +1-415-686-2198
tm@poet-technologies.com
www.POET-Technologies.com

*From the 47, subtracting one without a surname, another that claimed he did not authorize.  Of the remaining 45, I was only able to verify that 30 are actual shareholders.