RE:Apologies. Here's the image.I happened to have been involved with Poet and mishandled that as well surprise surprise. I thought it would have done really well and that under the first managment that was trying to break Moores Law they had a hell of a time doing so. Poet actually was Opal Technologies and they were working on Solar Tracking Systems and the Plannear Optics forgot what the E and T stands for and inevitably divested the solar to focus on the platform. The platform when entirely completed was supposed to produce chips of higher quality and supply to both civilan and military purposes. They had a backer Ivan Invantresh who was being tapped into and the equity was up and down alot. Eventually, the old management failing to get things done was replaced by one that was promising to monetize it and they had taken the parts from the device and built those out. I forgot the Indian person's name who was and may still be the CEO and he had arranged to acquire Denselight which shareholders were hoping would do really well and the share value would do extremely well. Eventually Denselight got sold for about $5 million it has been some time since i recall what happened here but the point is that it got divested and the company has been at it trying to provide high quality switches, transposers, and optical components with various Asian partners and was supposedly better than others on the market at a lesser cost. Everything actually looked quite good. They also had a display that they were working on it is actually a very fascinating company. The shares when they flew were around $1.87 possibly close to $2.00 I bought in at around an average of $1.25 and then it started to go South and i believe I ended selling out around .54.
Surprising despite all of the ups and downs in the early days the company was able to raise $12 million dollars every round but their share count blew up and then it was hard to offset them hence why they needed to do a 10:1 and try to go to a more reputable Exchange but whether or not they will last and go the distance is hard to say that all depends on sales and things being seen as really good quality however with the shares as high as they are and taken out they have tons of room to dilute further and advance things so that was not a bad move at all I suppose as the company wasn't really going to the next level on the junior exchange and if people keep manipulating the prices it is really hard for companies to do anything that will avoid blowing up the share counts so for any company that can hold them below 200 million nowadays that is quite impressive given many now adays end up above 300 million which is very scary. At one point I said to myself I will not touch companies with over 120 million shares. Here's the thing if i make monies it will not really matter that is why I am always stressing to manage and strategically trade your shares. Very few companies tightly control their shares and I can't blame them entirely when everyone is out for themselves for fast returns at the expense of the company and shareholders at retail who believe it is always best to buy and hold--from my perspective no it is not just look at what is going on however I have suggested to hold 25 to 50 percent and use the rest to gain cash and keep building your share position.
I know i have mentioned about my cousin he always said take the profit you can always buy back later. A close family friend the Varshney's--I speak to Pravin on and off not for awhile though he would say the money is in the warrants it is hard to make anything otherwise. Well you can if you take your monies when it is there and just build systematically--only 1 or 2 percent of the companies will do anything and even then everything has a cycle once at peak it all comes down and takes time to build back up.
Anyways, the exchanges, the progress etc while may be relatively important there is no replacing taking monies off the table because all that goes up regardless of how fast will also fall and you want to be on the rise not on the fall and bottom so the most important is realizing monies preferably gains but on some if you are on a loss better than it being dead and tied up way too long.
I don't know how Poet will do as i have seen many companies of late get destroyed so I wouldn't think that the American Exchanges are that much better as once people get what they want out of stocks there an initial hype they tend to collapse 98 to 99 percent of the times and of late I have cautioned people be careful what you ask for--just because you think it is a main and better exchange the truth is people are just as aweful! I was involved with Skylight Health a huge disaster I saw Sphere 3D and what happened to it--not everything that glitters is gold and people need to tamper their expectations. Dya got killed may not survive listing requirements, there was a Canadian Broad Casting Company that acquired Studio B forgetting its name uplisted and decided to delist and change its name to Wild Brain oh if i could remember its name and i missed out at .75 it went as high as $10 and struggled so don't be fooled by the uplsiting. I think Acuity ad had finally up listed at went as high as $20 plus down to $3 when i just saw its share value today in my watch list. Folks take the profits while you get them always actually i won't hestitate to say this. I have been doing not as well as i could be given that I have violated this but more recently while trying to keep my promises I got nailed when the share values did not reach them--the worst part one was a nickel short and trust me I thought about selling 15 times in one day when it was .95 and I held 3,000 shares that was close to $3000 i did not. The shares are at .065 now!!! I did sell some to pay off comics But the whole point is that I need to stop promising.
I am holding because I do strongly believe what i have said however I am so damn tempted to move shares into Nam--if i do it will be only 1/5 position but I am going by my gut and waiting for this darn thing to finally explode and feel that waiting will be the better option overall maybe not in the short to mid term but through the year yes--however yes I think if i move shares out these explode and the others stay flat i will be like grrr so even if i am saying near to mid term that nam will do better I am not 100% sure of that if I were I would move shares out take the profit and buy back here and build on volumes of shares--so i have to think ok i have something here nothing there maybe get something there as i will still have 2000 shares here but i will only get about 700-800 there desiring no less than 1,000. I do that even if these move up more that was the gamble--if those go up more as i am saying although not 100% sure that is the price for holding so i have to decided which way am i happier with and that goes to trying to keep my word and hold these as i said to years end But ultimately i will move as i need to because as i am saying it isn't about anything but making monies now doesn't mean that i don't believe in what i say for if these say hit my prices year end and i keep 80 percent it was for that reason despite selling 20 to try to make monies faster elsewhere and try to bring part of that back here. So trust me it is not easy for me to hold or to sell either despite what i am saying although if i look strategically the better move is to sell the 500 grab what i can there and should not feel bad in whichever does what if they are making monies as the move was to guarantee profit when a stock is stale it is about finding all stocks that are held making monies not losing it and nam is very attractive where it is trading. This would be too to those who couldn't get in before now they can providing they see the potential and believe there will be strong revenues not otherwise.