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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
Post by kaos12on Jul 13, 2014 11:14am
243 Views
Post# 22740241

I DON'T LIKE IT ONE BIT!!!

I DON'T LIKE IT ONE BIT!!!Never have I ever seen a reverse split work in my favor.  Unfortunately I have been in six or seven and tthey always go back to the initial price.  So, we reverse split at 3- 1.  2- 1 isn't 4.00/ share so they'll make it 3- 1 to get over the 4.00 per share with a little wiggle room.  In my experience that (using 2.00 per share for easy numbers) 6.00/ share will back to 2.00, so now I loose 2/3 of my money and also have 1/3 the shares!  This is not what I signed up for.  We have about 160 million S/O.  This is no big deal in my opinion.  As far as cashing up, I thought they had about 13 million in the bank and wouldn't have to go to the market for some time- so much for THAT!  I would love to be on the NAS, but at what cost?  The retail investor gets it up the back side again.  What's with all of these trips the CEO was making over to Taiwan?  What's with leasing POET to the top ten defense contractors?  With one of these events taking place we would be over 4.00 for sure and there would be no need to reverse split to achieve the NAS requirement.  Forget screwing the investor and work on one of the deals WHILE MAKING SURE THE PRODUCT IS WORKING 100%. Tomorrow morning we will be taking a bad enough hit as it is without some super news.  People run from reverse splits!!  I worked my bag off to get my 10,000 shares and I want them, not 5,000, not 3,333, not 2,500 and certainly not 2,000.  I juggled things around, sold some other shares and did all of this to support POET (and my own greed must be mentioned) so I can get the big green weinnie?  When oh when is someone going to run a straight game around here?  They scripted this one quite well.  Monday is Monocha day, Tuesday was great update day and Friday was screw ya day!!  Release good news at the beginning of the week and bring on the bad Friday news AFTER the market closes.  Well played.  If they reverse split we lose share leverage big time, as the small investor gets the big green one high and hard again.  More crappy back room deals again.  Gimme a break and give me my 10,000 shares that I bought in good faith.  Just the bloody mention of a reverse split is going to kick our cans  and THEN they reverse split from a much lower price and who knows we may have to do the 4- 1 or 5- 1 as we won't be over 4.00 with a 3- 1 after we dump.  If this is a Monocha deal, I don't like it.  I had to pay for my 10,000 shares, he isn't, so no big deal for him.  My vote is a resounding and unequivacle NO on the reverse split.  Maybe management should put their noses to the grind stone and sell this new disruptive technology that we are all so proud of.  SHOW US IT WORKS, and the line up will be there.  To me, this is a big crack in the whole story.  Put it to work and we won't have to worry about the share price.  There should be no need to manipulate the share price with a reverse split, IF WE HAVE THE PRODUCT!!  I'm sure we do have the semiconductor of the future, but stop screwing with the retail investors like we don't.  Really, we're out there front and center saying we have the product of the future and we have to reverse split?!  This does not bode well with new investors.  Mr. Monocha, if this is the best you can do, I'm not impressed.  Where is all of your clout that we have heard about and where is the feduciary responsibility of the board?  Somebody had to know something was going on as we have lost every cent gained from Monday and Tuesday.  Talk about dumping shares onto the bag holders- US!!  They knew this was coming and that they could pick up cheap shares for the split next week.  This does not pass the smell test.  I'm starting to smell skunks.
Bullboard Posts