POET Technologies Ord Shs V.PTK

Financing

[wintersun10]

Despite those accomplishments, it has been a challenging year, at least in part because of a difficult global capital market environment for pre-revenue microcap companies. While our recent equity financing fell short of our expectations, resulting in the need to raise additional capital in the relatively near future, we continue to discuss financing alternatives with investors and with partners who share our vision and exhibit confidence in the value of our technology and our technical achievements.

Multiple potential avenues to financing remain, and we will continue exploring each of them in parallel over the next few months.

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So, the plan is to work on gaining financings and gaining customers. How, we'll see i guess. You gotto have faith. The plan is we keep working on it. No sweat shearholders. Totally flying blind.

[lscfa]

Poet finance department has no creativity (or guts) and its financial advisors won't offer solutions that don't include commissions/fees. A rights offer should have been done when stock was at $4.00. Offer 1/2 right for 1 existing share held.  Each right allows holder to buy 1 new share for $3.50 for 30 days.  If  1/2 of the 20 millions rights were exercised proceeds would

[wintersun10]

"who share our vision and exhibit confidence in the value of our technology and our technical achievements" Poet is only talking with those who agree with them...What could possibly go wrong?

[wintersun10]

What could go wrong? They sign NDA's with certain shearholders(financings?). Some well known names have fallen off the BB's. This is just flatout selective disclosure, it creates multiple classes of shear holders. It rewards shearholders that agree. This is so wrong. Incredible. Worthy of pitchforks. You know something is wrong, but you cannot put your finger on it. But i guess that

[maestrodrumboe]

I'm sure that it's Not legal..if that were the case, then every SH should  be afforded the option to sign such disclosure agreement and be privy to certain confidential information which can be very material. I will check with the SEC and the CSA.

[maestrodrumboe]

If you have time on your hands,read your heart out.. https://www.osc.ca/en/securities-law/instruments-rules-policies/5/51-201/national-policy-np-51-201-disclosure-standards

[wintersun10]

Poet would be allowed to keep a secret for a limited time, to conclude any deal. While they make sure these  "insiders" do not trade on the secrets. Reportedly the NDA was signed after Nov1. In the meantime Poet closed a deal and nothing seems to be cooking right now. So, they have run out of exccuses to keep secrets any longer, in my book. The way it was presented at Fantasy Land

[maestrodrumboe]

NDA or No NDA!!..selective disclosure to any investor/ shareholder is a NONO and still illegal,unless you are deemed to be an insider or anything that is required in  the normal coarse of doing business.jmo

[wintersun10]

In this case Mazan would be in talks to participate in a financing and while they put it together it would be a secret. Ofcourse the proper way would be to make Mazan talk to the broker and make the deal with the broker.

[lscfa]

Only one question needed to be answered. Why the hell was a financing announced with no initial terms when no other companies do it this way? That move alone sabotaged it. 

[maestrodrumboe]

Hedge fund wanting in on the cheap,so they had to do something...jmo

[lscfa]

Failure of the ATM program should have been the clue that open-ended financing was not working.

[wintersun10]

That is right. Besides dropping the pr company they simply ignore the big elephant in the room. Questions remain, forever. Or perhaps till they can undo this fiasco somehow.