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Bullboard - Stock Discussion Forum POET Technologies Inc. V.PTK

Alternate Symbol(s):  POET

POET Technologies Inc brings solutions for faster and more cost-efficient data transfers. Its proprietary Optical Interposer is the foundation of an elegant platform that provides seamless integration of electronic and photonic devices into a single module. The company has multiple customers who build next-generation products for Data Centers, Telecoms, Artificial Intelligence, Internet of... see more

TSXV:PTK - Post Discussion

POET Technologies Inc. > Friday Deadline
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Post by ark88 on Nov 08, 2023 10:12am

Friday Deadline

I think POET needs to show action by this Friday, something regarding the financing or the market will see this as the final chapter. You can the SP waffling, no volume, no direction. It may already be too late.
Comment by wintersun10 on Nov 08, 2023 10:21am
They should have included a price to the financing. And the financing should have closed already. But that did not happen. Big haircut. But it is absurd non sense to create artificial deadlines. They need cash, cold hard cash. No cash and they will go belly up. Friday is not a deadline, that is absurd.
Comment by maestrodrumboe on Nov 08, 2023 10:36am
Nobody is saying that Friday will be a deadline.. We don't even have a price or confirmation that the deal will close.. We can all agree that the markets Hate uncertainty and the longer it takes ,the lower the SP may drift. Fryday is never a guud day for POET,unless of course you are planning to fry up some fresh fish..lol
Comment by wintersun10 on Nov 08, 2023 10:39am
Nobody, except the original poster of this thread. There is no deadline. so, just do not say that.
Comment by pennyflipping on Nov 08, 2023 10:41am
How about I Monday deadline? Lol
Comment by ark88 on Nov 08, 2023 10:40am
Ah, is wintersun misunderstanding, still.
Comment by wintersun10 on Nov 08, 2023 10:42am
No, that is what you wrote. come on now.
Comment by pennyflipping on Nov 08, 2023 10:42am
He's a fantasy lander at heart. Just looking for the "cold hard facts" rofl
Comment by ark88 on Nov 08, 2023 11:12am
If not Friday, then just ponder what's on deck next week. Suresh has already given us a glimpse of the prelim financials. Next wednesday or there about is the Quarterly results. He's already given us the glimpse of the bad news coming next week. If he had something positive, he would've dropped it 2 days ago to appease the worried shareholders. IMHO, if there's no positive movement ...more  
Comment by wintersun10 on Nov 08, 2023 11:24am
We needed answers last year, last week. Share price crashed from $15. Share holders that are left are not likely to panic over the weekend. After all that happened. Poet needs cash and considering the share price action the share price massacre seems over for now. No question Poet needs to show urgency.....
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