POET for all its uplisting aspirations remains pre-revenue.
Bellido appears to be positioning QNC for rapid commercial deployment and near term revenue.
The QRNG Solution Being proposed is a “must have” for any enterprise.
With a current mc of $27 million, one can argue a 10-15x possible ROI scenario for QNC.
The risk/reward is fantastic.
Francis Bellido, chief executive officer of Quantum, stated: "Our recent product management development points to a fast-track go-to-market (GTM) strategy. In reviewing our product design and capabilities with a new vision, we are pivoting to a commercially viable product ahead of the originally planned CMOS implementation. This is groundbreaking and welcomed news for our investors as we move ahead of the planned GTM by a full year. In fact, our patent-protected quantum random number generators (QRNG) technology is perfect to address the cryptographic needs of the blockchain and bitcoins revolution. Unlike other competitive technologies that depend on photonics physical properties, our QRNG is based on the quantum tunnelling phenomenon created by electrons and show distinctive advantages in term of robustness, speed, scalability and cost. In terms of device components, we are testing alternatives to CMOS chips that are widely available and adopted by our target markets. With successful test plans, I expect our first product to be available for commercialization by Q2 2021." | PTK | POET Technologies Inc. |
| Security Type | Equity |
| Shares Issued | 332,381,397 |
| Market Cap | 375,591,000 |
| Year High | 1.49 |
| Year Low | 0.225 |
| Sector | 45301020 - Semiconductors
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About Poet Technologies Inc.
Poet Technologies is a design and development company offering integration solutions based on the Poet optical interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multichip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. Poet's optical interposer eliminates costly components and labour-intensive assembly, alignment, burn-in and testing methods employed in conventional photonics. The cost-efficient integration scheme and scalability of the Poet optical interposer brings value to any device or system that integrates electronics and photonics, including some of the highest-growth areas of computing, such as artificial intelligence (AI), the Internet of things (IoT), autonomous vehicles, and high-speed networking for cloud service providers and data centres. Poet is headquartered in Toronto, with operations in Allentown, Pa., and Singapore.
POET to consolidate: to consolidate the company's issued and outstanding common shares on the basis of one postconsolidation common share for a number of preconsolidation common shares ranging between two and 14, as outlined in the company's management information circular and voting material sent to the shareholders.
He reiterated that the purpose of the consolidation was in furtherance of the company's goal to seek an additional listing on the Nasdaq Capital Market and/or a graduation to the Toronto Stock Exchange in order to gain access to a larger pool of shareholders, including additional institutional investors.