RE:RE:Message worked.Yesterdays gain was a welcomed move,,but doesn't take away from the fact that just a few weeks back ,we were at $4,00.The No material change message, was a sign of relief to those that were thinking the worst was coming.unfortunately the message came 3 weeks too late and they could have easily avoided the fiasco POET is still not out of the Woods.
Again,thanks to management,for their fine efforts that led to the SP crash.Lets hope they can pull off the financing so Management can stuff their pockets yet again,with cheap shares and free warrants,by participating in the financing.As far as I'm concerned,insiders should not be allowed to reward their incompetence by buying at rock bottom price and make it appear like they are supporting the Company.We all know who they are really supporting.
Poet may be knocking at the door of achieving great success,but it's all about the management.A major shuffle is needed at the top..IMO
Weak management and poor leaderhip will often result in the demise of any business. The reputation of the person(s) steering the ship is a company;s most valuable asset. A strong reputation,takes years to build,yet once you lose the Trust, it can all be lost at a moments notice.The difference between a strong and weak CEO, can often influence the decision of investors,clients and financiers and most importantly, adversely affect Revenue and bottom line.. jmo
Happy Thanksgiving to all our Sourhern Brothers.
Poetwhen wrote: Always something else to blame. It wouldn't be due to the fact that mgt has not delivered on the revenue timelines they announced. We have been led down the garden path.