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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. > looks like the bandits are Guud for at least a double
View:
Post by maestrodrumboe on Jun 17, 2024 6:40am

looks like the bandits are Guud for at least a double

 from their participaion on the Jan 25th financing.Plus the warrants are already $1 plus, in the money...But,butt... they desperately need to downprice 7.2 million options down 1.75 so they can pocket tens of millions of $$$$ for their stellar performance.Employee retention is big deal all of a sudden,especially when aprox. 5 Mill of those options are held and owned by the the Top four commandants.
I also have question for the AGM..What was the $1.5 mill (2 mill cdn) payment to Mark Lustig for?  if in fact, the Company states in their NR, that "no broker,finders fees were playable in the transaction".
Why would the Company not disclose that before the AGM?Seems to me that such information is very material and nuf of the NDA BS..
IMO..Seems like there's a very bad odor coming from the kitchen..IMO

https://stockhouse.com/news/press-releases/2024/01/25/poet-technologies-announces-closing-of-c-6-2-million-non-brokered-private

 
Comment by wintersun10 on Jun 17, 2024 10:32am
Talking in terms of the industry, salary represented approximately 11% of total compensation out of all the companies we analyzed, while other remuneration made up 89% of the pie. It's interesting to note that POET Technologies pays out a greater portion of remuneration through salary, compared to the industry. If salary dominates total compensation, it suggests that CEO compensation is ...more  
Comment by daytrader18939 on Jun 17, 2024 11:25am
If compensation were based on performance, they would starve!
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