RE:RE:RealityYes, cash position is always a concern when no suffficient forms of revenue become onstream in a pre-revenue company.
We don't ever really know what strategies Poet management has considered or will consider.
My hope would be a cash infusion by Celestial AI (if possible) and them to take a board seat to augment Poet and not be a tear down of Poet BOD. Of course, if there are any other significant parties where discussions might lead to this, then as a shareholder, I am open to that transition. Of course if Poet can provide more clarity on revenue and improve its communication wherever possible that would be a good thing for this stock; in the least to any remove fears and doubt if there is something on the horizon to make Poet shine. Never say never, because posters may feel like giving up (and that is their choice), but possibilities to allay any fears as unknowns may arise whenever it is the right time for them to do.
gilver
ark88 wrote: and when the Q results are released after the close today, we'll get an update on the cash situation.
As of Sept 30 cash was at $7.8 mil. Given the circumstance, management would be well advised to publish an update on the cash position. Anything less than $5 mil is very problematic given the known burn rate.