POET Technologies Ord Shs V.PTK

Bookvalue

[wintersun10]

Bookvalue Listed at $0.20

At the time of the TownHall meeting it was around $0.30

Accounting for the r/s that is about a 90% decline.

Heck of a job.

Now, how meaningful bookvalue is who knows, but it is just another stat, all stats lead to the same conclusion. Poet has been crashed and burned.

[maestrodrumboe]

Book value is what share holders would get if Company were forced to liquidate.. For a company, a simple book value is calculated by subtracting total liabilities from total assets. This may also be called net worth or book value of equity. Meaningful book value for POEt as it stands today, would only be about a penny. which  would only include any cash after paying off all

[wintersun10]

It would go into receivership and then stuff goes to the highest bidder. Revenues minus cost of the receiver will get returned. The biggest assets i guess would be the Chinese JV and the patents. Considering the overwhelning results, not sure the patents are worth the paper they are written on. And good luck getting any cash out of China. So, what is left is the used office and lab inventory

[maestrodrumboe]

that about right,,SPX  not worth much @ less than 20% funded and the patents,well they could be worth something anywhere from 0 to ?..POET is not a Nortel that had valuable patents that applied to proven  commercialised products.Best thing would be a buyout..the 200 + mill tax loss  WO,might be worth more to someone than the patents.imo.

[wintersun10]

OMG, tax losses are Poet's Crown Asset, claim to fame.