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.

TSXV:PTK - Post by User

POET Technologies Ord Shs > Closed at the low of the day

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Post by maestrodrumboeon Sep 05, 2023 4:59pm

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Post# 35620700

Closed at the low of the day

$5.06

-0.16 |

-3.07%

Bid: 5.00 x 7,600 Ask: 5.14 x 500 Volume: 15,852

CAD | TSXV | DELAYED

and the excitement just keeps on coming and keeps getting better..
Soon they will be forced to offer ATM shears sub $4,cuz their cash runway is runnibg out fast.
Funny,how nobody wants to talk about Poets finances, as their operating cash is depleting at the rate of aprox 1.5 Mill per month.I figures that they may have another 3 or 4 months of fuel left before they run out.Allowing the 300M shelf offering to expire was a huge blunder,causing unecessary and critical delay in filing a New prospectus.
thanks to Mr Mika.
let's hope that they aren't working on a fire sale and rather bring on an equity participating partner that will help save the day..JMO

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