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: Share consolidation

AdAstra;

I appreciate your reply but perhaps I was not clear on my intention of my previous post.

Draganfly inc in February 2021 was trading at $18.00 canadian TSXV. They announced a reverse split of 5:1 to help them get onto the NASDAQ and as of August are now listed on it. They have posted record sales and the share price has continued to slide down to $3.26 canadian. I would have thought that a reverse split would increase the share price by 5 x roughly. Granted this may all be temporary but not so far.

My concern / question is; what chance would POET have in following Draganfly share price pattern if a reverse split would happen because it does not appear to have a guaranteed positive effect on the share price?

I very much agree with you on your 2 points which are;

1. We will not need to have a reverse split. (I used to think we needed it but I no longer think that)

2. It is good to temper our expectation on share price targets. I catch myself watching other companies see wild increases with much less potential than POET and keep thinking $15 - $20 is very possible. However anything over $3 and we should all be very gratefull of our leaders at the helm.

Thank you.

 

 

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