Pennyf just jumped the shark Killed any credibility he might have had with his latest post, where he said,
"2) management is only looking out for themselves (the latest salary financing PP is latest example)
It was not solely a management salary financing, it was a general financing that extends their cash position roughly for another quarter, taking them well into 2nd half of 2023.
And worse,
3) The underlying GaAs tech isn't commercially viable and too difficult to produce anything in a high yield low cost process"
GaAs technology!? Where have you been penny? GaAs technology was scuttled 5 years ago for the Optical Interposer, which is indeed a high yield platform (>400 chipsets per wafer) at a fraction of the cost of current bench assembly techniques. Poet has not spent a dime on GaAs.
You just tore up your bashing card penny, zero cred in those statements. Lies and disinformation have no place on a stock chat board.