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POET Technologies Inc. V.PTK

Alternate Symbol(s):  POET

POET Technologies Inc brings solutions for faster and more cost-efficient data transfers. Its proprietary Optical Interposer is the foundation of an elegant platform that provides seamless integration of electronic and photonic devices into a single module. The company has multiple customers who build next-generation products for Data Centers, Telecoms, Artificial Intelligence, Internet of Things, Automotive LIDAR, Wearables, and more. POET has offices in Canada, the U.S., Singapore and China.


TSXV:PTK - Post by User

Bullboard Posts
Post by fivenineron Nov 25, 2016 11:58am
145 Views
Post# 25513806

False Claims Act Investigation

False Claims Act Investigation Anyone seen this yet?
From the Prospectus


In September 2016 POET received a letter from the U.S. Attorney's Office for the District of Northern Ohio indicating that POET was under investigation for potential violations of the FCA related to the Small Business Innovation Research program grants received by ODIS Inc., a subsidiary of POET, from the United States Government in 2008. POET is co-operating with the investigation. The estimated potential liability for POET is approximately US$900,000
Bullboard Posts