RE:RE:RE:RE:Pinetree question
I should also note that it is highly unlikely that Pinetree would exercise any warrants as they have obviously maxed out their balance in common shares. Exercising waarants right now would cause Pinetree to be overweight POET in the fund. It would very much appear that as a result of continued price appreciation POET will exceed 20% of Pinetree NAV. I would be surprised however if the board has not already approved and exemption given the number of common shares purchased in the market.