RE:RE:RE:RE:China plus1 I have been warning for months about POET's deteriorating cash position and difficulty to raise financing.. it may already be too late for POET to recover from such catastrophic setback..If they succeed in the financing at any cost,they'll most likely benefit from another 6-9 months of roadway.but regrettably, all this will do is prolong the agony ,as all attempts to commercialization are being exhausted and all roads to POET are suddenly coming to a dead end.
It seems obvious to me now ,that after exhauisting all avenues, they have failed to monetize and there is simply NOT much INterest from customers and investors in our Disruptive Technology
After 12 or so years of following and trading this stock,seems to me that their time has slowly run out. and even a change in management won't save them now,in fact , me thinks that at this stage of the game,we are running out of time and a change at top ,would make things even worse .
I for one , would welcome the possibility of someone out there coming forward with a reasonable buyout SOON..
Of course,I would be elated, if a year from now ,Poet is still around and I'm proven wrong..
all IMO of course, with best of luck to us all
wintersun10 wrote: Unfortunately, i cannot remember a stock that did not go bellyup that came out with these shiny presentations with a financing, over the years.
Its just when stocks slide like this, almost nothing can stop it.
Beautiful presentation, great story, but there is simply no buyin. The better the story with the least buy in, has got to be the worst.
Unfortunately, that is Poet right now.
Poet needs the bought deal bad...