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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
Comment by Junkers88on Nov 25, 2016 12:48pm
98 Views
Post# 25514203

RE:RE:RE:False Claims Act Investigation

RE:RE:RE:False Claims Act Investigation From the other board... It sounds like it has something to do with the structure of Odis Inc.. the company...

Yes S3ktoR has informed us Oct 29, please find a pit more info from
POET’s PLACEMENT AGENCY AGREEMENT (k) page 15 - 28 Oct 2016

Litigation.
The Representative (SEC) has been advised by the Company of the fact that POET was under investigation for potential violations of the False Claim Act (“FCA”) related to the SBIR grants received by the Company. Conversations between NASA, the U.S. Attorney’s Office (“USAO”) and POET’s lawyers occurred in early October 2016, where the USAO indicated that is conducting an investigation into where the structure of ODIS was misleading.


Cheers

Bullboard Posts