Post by
jermiah777 on Nov 20, 2023 5:36pm
Strange
This company's explanation of their products seems to state with such conviction and confidence that their products will be so desired in the very near future. Is their any truth to this or is it all an exaggeration to keep shareholders from selling? It would be so wonderful to talk to the companies that could use their products to ask them if they are thinking of purchasing Poet's new chips. Poet claims they have CUSTOMERS who build next generation products for Telecoms , Internet of Things, Automotive, and Wearables. So who are these customers? Can we find out and we phone them and ask them "are you eager to buy Poet's new optical chips/engines? And if not why not? What is honestly the truth? It seems to me that their must be a competitive ALTERNATIVE to POET'S products that are making customers reluctant to buy POET'S products
Comment by
NewDayNewDollar on Nov 20, 2023 5:56pm
They have never produced material revenue and have burned through almost $200million (retained earnings). The questions is why would we think they will every produce revenue. Looks like whatever product they are making is not wanted in the market
Comment by
maestrodrumboe on Nov 20, 2023 6:01pm
Guud luck with that.any time one asks that question they Plead that they are party to NDA's. To quote Mr MIka a few years back at an AGM meeting,they "we are party to hundreds of NDA's" Everybody including the Janitor and the maintenance guy must party to an NDA.Never know,EH? If you believe that,I have a bridge I can sell you,real Cheap.LMSO