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POET Technologies Ord Shs V.PTK

Alternate Symbol(s):  POET

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.


TSXV:PTK - Post by User

Post by maestrodrumboeon May 16, 2024 8:47am
138 Views
Post# 36042985

Massif Dilution

Massif DilutionLast year around this time there was  39,861,016 sheares outstanding..

As of May 15, 2024, the Company had cash and cash equivalents of US$23.6M and working capital of US$22.8M. There were 60,485,477 issued and outstanding common shares.
that is a Cool 55% Dilution at dirt cheap pricing under 30c pre split..
 and as I understand it, in a gesture of good will, management threw in 1.5  mill...consulting fee with the last financing..
Moving right along...lmso
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