POET Technologies Discussion Forum


BREAKING: Mota Ventures Signs Letter of Intent for Merger with Stillcanna

  • Stillcanna looks to become one of the largest producers of THC-free CBD extracts in Europe
  • Stillcanna's Polish extraction facility, NEXUS, features industrial-scale centrifugal chromatography equipment that allows for the production of bulk THC-free CBD distillate as well as custom Cannabinoid profiles
  • In February 2020, Stillcanna's Romanian extraction facility, ORIGIN, which operates pursuant to a joint venture between Stillcanna and Dragonfly Biosciences Ltd., received approval from the Ministry of Health and the Anti-Drug Agency to become the first government recognized extraction facility in the country
  • To date C$23,000,000 has been invested by Stillcanna in the cultivation and extraction operations,
  • Current cash on hand in Stillcanna of approximately C$7,000,000
  • Stillcanna's CBD extracts are key to unlocking additional value in Mota's retail offerings in Europe
  • Shareholders of Stillcanna would receive one common share of Mota for every 1.8 common shares of Stillcanna held at the time of exchange

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Hub On AGORACOM / Read Release


Message: Re: what am I missing? (Patience for Sept. 2019 and beyond).
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Feb 10, 2019 11:01PM

Monolithic you're so right; 

'POET's legwork is done. Once qualifications in customers are completed, POET "becomes part of those customers' products or their sub-assemblies" (paraphrased from Suresh)'.  

The news last week is effectively PTI changing focus once more and moving on to the next goals that they have set for themselves. This signals to me at least that our investment is sound and that the long awaited benefits are feasible.

However, as sharehoders and part owners of this Company we, incomprehensively feel that we are still in the doldrums.  The reason being that there is undoubtedly quite a time lag between company targets being completed and the news of that getting through to this board,  Whilst we get it, yes, we can recognise that there is no sense of awe in the markets to propel the Share Price forward. The fervour  we might expect at the breakthrough that the Interposer represents is practically and fraustratingly non existant. 

The reasons for this are not obvious but the current world environment with Brexit effects here in the UK and the spat between China and the US, no thanks Mr Trump, to my mind takes the public focus away from such technical breakthroughs and the benefits they represents to advance datcoms in the PIC world.  Yes we may get it but clearlly those who we need to unleash the fervour are dosing in the light of other fires.

Thats life, but it does not mean that the fervour is not going to happen. This to my mind is what venture capital investment  (risk\reward) is all about and why us mad people on this board the longs like myself saw great potential in POET's technology all those years ago and its capacity to make us wealthier.  Whether this time lag constitues an investment error, a Jack would have it, on our behalf I think is debatable.  The fact is that without our interest, sense of adventure, deep pockets even, and belief in what POET could do, this inflection point, this watershed, could not have been reached. 

Whist others may no see it like I do, and there are no guarantees, I am beginning to feel a confident glow that the risks endured in being a POET investor, have taken a significant turn.  


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