Re: What we don't know

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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Sandman19

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Re: What we don't know

in response to

What we don't know

Kath

posted on Oct 28, 2016 03:13PM

That's the point Kath.....we don't know anything.

My biggest concern (and I actually wrote about this a while back) is that management is only here to line their pockets. The more they can delay a successful outcome (if the case), the better, and they can simply acquire more shares via options.

This offering, no matter the reason, could have been executed at a MUCH higher price. Announcing to the world you are looking to dilute shareholders through an offering, and not indicating at what price, is a recipe for what just happened. We basically got double screwed by way of price set at 0.36$ and warrants at 0.52$. Any educated person (especially management) should have known this (or something similar to this) was going to happen. This is what concerns me: either management is greedy or incompetent; neither is good.

Worst of all, I find it hard not to deem them dishonest. We were told a very short time ago that no short term capital needs were on the horizon....and now this. Why aren't they saying anything? What is their rationale for doing this......because I truly DON'T see the logic.

If this ends up as a take private management will have MUCH to answer to. I'm sorry but just don't see the silver lining here. So many errors on their part, or worse calculated deception.