Trade Winds or Kevin Barnes, Who do you believe?This post offers a Poet management perspective versus the repeatedly overdone negative rhetoric here:
https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/795216-options-january-2023/messages/2396206#message
Kevin Barnes:
"When we take into account the volatility of the share price, we've seen it move from a dollar to, you know, over two dollars in a single day. So, we really need consistent and steady trading so that the warrant holders are encouraged to exercise these warrants and purchase these shares."
"So, if we combine all this financing opportunity we have through warrants, I mean, you're talking about upwards of 14 to 50 million dollars that could potentially come into the company. This is a great financing opportunity for the company without providing that additional dilution, and that gives us a thicker and operational runway of 12 to 13 months. Gives you, yeah, yeah, that's great. So, anything else that's outstanding out there that can really bolster the bottom line? Yeah, we also have stock options that directors and management and other employees have the opportunity to execute and exercise their options. If we have gained access to those warrants, we're talking about over, sorry, those options, we're talking about over five million options. So, the exercise price of those options ranges from as low as two dollars and 80 cents all the way up to eleven dollars. Now, they're not all in the money, but if the ones that are in the money, if we can exercise those, then you know we can gain access to another, you know, 15 to 20 million dollars of capital, which gives us even that additional amount of runway without having to go back to the market. The company is in a solid position on that end."
I'm not sure, or I missed it. How many options have been exercised, and will these be exercised in the future? "
gilver