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 > looks like Management is gone into hiding

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Post by maestrodrumboeon Nov 02, 2023 6:10pm

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Post# 35714708

looks like Management is gone into hiding

and not responding to communication from shareholders.I sent a request for clarification through the website and also got No reply,at least not as yet.
The SP took a huge drop of almost 40% ,so i would suggest that people file their complaint with the relative exchange authorities (CIRO for the TSX and The SEC for the NAZ) they will likely contact the Company and halt trading until the company provides an update with explanation to the markets.
The Company may already be working on a NR update, to be released in the morning.

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