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