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Bullboard - Stock Discussion Forum 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... see more

TSXV:PTK - Post Discussion

POET Technologies Ord Shs > More warrants exercised
View:
Post by lscfa on Jan 30, 2021 12:57pm

More warrants exercised

Shs o/s 304,354,313, up 478,500 from Jan 12.     Why the hell are they doing a financing before Nasdaq listing?   

 


Jan 12, 2020 - The Company also reported that its Total Shares Outstanding increased in recent weeks to 303,875,813 as a result of convertible debenture conversions, warrant and stock option exercises which added approximately C$3,680,000 (US$2,875,000) to the Company’s cash balance.

Comment by beenthere on Jan 30, 2021 1:27pm
To help friends of friends, silly!
Comment by lscfa on Jan 30, 2021 1:51pm
Fire the CFO......
Comment by DLight1 on Jan 30, 2021 2:55pm
This post has been removed in accordance with Community Policy
Comment by maestrodrumboe on Jan 30, 2021 2:10pm
This post has been removed in accordance with Community Policy
Comment by DLight1 on Jan 30, 2021 2:39pm
This post has been removed in accordance with Community Policy
Comment by wintersun10 on Jan 30, 2021 4:12pm
They are not going to Nasdaq any time soon. It is just to court Cdn financiers, just to make Cdn money more eager to put money in Poet. (well hoping anyways)..............
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