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POET Technologies Ord Shs V.PTK

Alternate Symbol(s):  POET

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.


TSXV:PTK - Post by User

Bullboard Posts
Comment by tradergaderon Apr 09, 2012 8:24pm
186 Views
Post# 19773759

RE: RE: RE: RE: RE: Read the news again...

RE: RE: RE: RE: RE: Read the news again...

Before I get jumped on anymore I completely understand that the LOC is not dilutive. I was never referring that part of the news release. I am also not a nervous nelly as I take responsibility for my choices. To me this news is disappointing on the surface. Below the surface there better be some added value from the new lenders because the old LOC (which they had in place) did not demand a 500K share bonus at a reduced share price. AKA, standard banking LOC.

The previous LOC was based on receivables and the new one was based on some form of collateral.

Any speculation on what they need $850K for right now? IMO, if its for general operating purposes it is another disappointment because they are supposed to be realizing some major solar revenues in the past quarter.

Bullboard Posts