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.

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POET Technologies Ord Shs > Financials

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Comment by maestrodrumboeon Nov 16, 2023 10:42pm

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Post# 35740496

RE:Financials

Let's be real for once,POET is an Epic Fail and just don't have the goods,.Even if they were to raise $10 Mill,this will only provide them with a runway of 6 mos, before they are in the same situation again and according to Surresh's latest punt,they are missing a few ducks and don't expect significant Revenue to start until 2025.
All this will do,is prolong the agony for a little longer for our Dear Slongs.
There is a Rumor going around at fantasyland that management could take the Company private,once they become insolvent.I first chuckeld when I read that,but now I'm starting to realize that could easily become reality.Management could easily pool together a few Private investors and it's Goodby Baggers..lol.
Might that possibly be their Plan "B" or C" that the poster was referring to?