POET Technologies Ord Shs V.PTK

It's Underwritten public offering

[maestrodrumboe]

meaning that it will be a bought deal with a firm committment.most likely, generously discounted to market, plus these usually take more time... my best guess is that price will be set  well under 1.50.after discounting applied.Poet is nailed to the wall so they have no other choice, in order to avoid the glue factory,,.JMO

[maestrodrumboe]

Management has completely ruined the company..any financing should have been completed 6-9 months ago and not wait till the final hour.Management fully owns this fiasco and no matter what happens from here,they need be held accountable.They will most likely get their financing ,but it wii take months/years for POEt SH to recover, from management inflicted wounds.Some folks that were called on

[lscfa]

Just like 2019 when co. underestimated how long it would take to get funds from Denselight sale they have in 2023 have relied too heavily on customer forecasts of order timing. Strategic planning stinks.

[helpful1]

Yes,Theur timing was not great when they knew they needed more money.So,C.E.O. must own up to that fact and so his penalty is to take only $1.00 years until POET returns to the black if company indeed wants to do well into 2025 & beybond.I as a shareholders would agree & as publically requesting & force all the director as well to do $1 a year as salary. The required amount on the