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 > New Press Release - POET Comments on Recent Market Activity

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Comment by ark88on Nov 22, 2023 8:56am

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RE:RE:RE:RE:New Press Release - POET Comments on Recent Market Activity

Tom did provide one vital piece of information which is they're looking for funding to carry the company till 2025.

That is one serious dose of reality check for shareholders.
What if 2025 is the best case scenario and not a certainty?
What is expected in 2025?

ark88 wrote: Of course they couldn't comment on ongoing matters, if there is any, but the tone of the release does warrant caution here. For a company with 2 months of cash left, you would've thought the tone would be more positive and certain than it is. The insolvency is a real concern now.
maestrodrumboe wrote:
Absolutely NOTHING New..
Except that they can't even get the date of THe Original NR correct.
The offering was announced on NOV ist and NOT on Nov 2nd.as stated in todays NR.
These guys are looking more foolish by the day...lol

https://stockhouse.com/news/press-releases/2023/11/01/poet-technologies-announces-public-offering-of-common-shares-and-warrants

ark88 wrote: Nothing here that the market didn't already know. The uncertainty continues.