POET Technologies Ord Shs V.PTK

Alternate Symbol(s): POET

Technology Semiconductors

POET Technologies Inc. is a design and development company. It offers high-speed optical engines, light source products and custom optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. Its photonic integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. Its Optical Interposer-based products consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition, it has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. Its Optical Interposer platform solves device integration challenges across a range of communication, computing and sensing applications.

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POET Technologies Ord Shs

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Comment by tradergaderon Apr 09, 2012 7:30pm

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Post# 19773574

RE: Read the news again...

I read it again. The gave the lenders 500,000 shares at 0.30. That is dilution.

As part compensation to the Lender, the Company will pay to the Lender a fee for investment banking services provided by the Lender to the Company prior to the Effective Date of the Loan Documents by issuing that number of common shares of the Company that equal a dollar amount of $150,000 at a deemed price of CDN
.30 being 500,000 shares in total. These shares are subject to a four month hold period which expires on August 10, 2012. The TSX Venture Exchange today conditionally accepted for filing this transaction

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