POET Technologies Inc. V.PTK

Loans maybe?

[wintersun10]

Poet has zero sales.

So, fortunately Poet has zero chance for a loan. Except maybe for a loan shark who wants to get Poet for next to nothing.

So. No, no loan.

[lscfa]

down payments from customers

[lscfa]

Celestial AI just raised $100 million US. It can cough up a few million upfront for its $40 million in orders to Poet.

[wintersun10]

Zero orders from Celestial. Yeah, Celestial makes stuff. Are they using Poets gadgets? To be determined.

[pennyflipping]

Down payment? No customer would ever pre-pay and handover large sums of money to a company with zero products and sever cash issues. Unlike bagholders, they don't want to be unsecured creditors when poet files for chapter 11. LOL

[wintersun10]

customers? orders? hard enough to sell the stuff, now you want to ask your customers to finance you? very big ask...