RE:Position of StrengthAWh! Mr FB... It's all speculation,So is the fact that POET is on the Verge of Insolvency.
this morning little blurb of a NR, will do nothing to restore confidence from SH and In vestors..Sounds that they are still in limbo with the Financing.if there was positive progress they could have said that a "New Prospectus has been filed and that they are awaiting Sec Approval any time NOW."..lol
after 3 long weeks ,they are still in discussion...lmso
“Even though market conditions are not favorable to small and micro-cap companies, we are continuing to have positive discussions with several potential investors in the offering,” said Thomas Mika, POET’s EVP & CFO.
MISTERFB wrote: Everyone knows they have just enough money to last a month. They had so many opportunities to raise money before this. I think back about how so many warrants expired worthless because they made no attempt to get the shares above $5. The misfiling of this offering caused a delay that has pushed the share price to new 16 year lows. Was this done on purpose. Why wasn't it corrected earlier. ? And why is Mika still involved in "positive talks". He is incompetent and needs to be replaced. The sharks are now in control.