POET Technologies Ord Shs V.PTK

Nasdaq Delisting coming SOON

[maestrodrumboe]

I believe that we are getting awfully close to the 30  business day allowance, with the stock trading under $1.If my calculation is right,we are at around 24 business days.so should be around the end of next week some time,when the exchange will issue notice commencing the delisting process.

[ark88]

I think today is the 23rd day of sub $1 USD closing.

[ark88]

Interesting coincidience. Next Friday is the 30th day and next week is the scheduled closing of the financing. Good luck everyone!

[maestrodrumboe]

We are past the Guud Luck stuff and reached the Hail Mary stage.. ..the Company needs some positive PR on the Financing,to buy themselves another 2-3 months..anything short of that will result in adverse affect on the SP. Hopefully Shueresh will throw us a small bone SOON..lol

[aerialview]

They will then have 180 days to 'rectify'.    

[wintersun10]

More importantly. They got cash for how many days?

[maestrodrumboe]

lol..It won't matter much if they can't come up with the cash..the question is,will they be able to carry on that long, as a going concern ?????.

[helpful1]

Not so fast.GDRZF is $1.01 & if it closes at that price this negates the 30 day rule.of under $1.00. This is important but also a warning to POET'S management to get to work & pull up their socks & keep Stock Price above $1.00    U.S.They need contracts & shipments of their product + they need to hit a home run in 2024.

[helpful1]

Not so fast.GDRZF is $1.01 @ if it closes at that price this negates the 30 day rule.of under $1.00. This is important but also a warning to POET@S management to get to work @ pull up their socks @ keep Stock Price above $1.00@ @ U.S.They need contracts @ shipments of their product + they need to hit a home run in 2024.

[MISTERFB]

It's the closing bid price and not the ask price that counts.  It can't go below $1.00 for more than 30 consecutive business days.  If the closing bid price remains at or above $1.00 during this 30 day period then the timer resets. They have 180 days to comply before delisting.

[wintersun10]

For a stock that makes the internet faster. What an embarrasment for management. I hope they can put on their socks in the morning without help. Because this share price drips of ineptedness. Very concerned about Poet management.

[maestrodrumboe]

that's what the man said.."If it closes at that price" try reading the post without the hotmail coding..lol

[wintersun10]

While the the dot connecting continues to spiral out of control. The share price is in its own downward spiral. Poet is on path to not even make the AGM. And Poet says Poet is right on path, nothing to worry. Twilight Zone Stuff.