POET Technologies Discussion Forum

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Message: Question for the AGM

I will be asking something along the lines of the following:

Why is POET attempting to raise approx. $15M and establishing additional Business Line of Credit? All while an approx. $30M will be arriving on Oct 31st from the sale of Densilight with all indications that the sale will go through.  POET could have set their target at $5M which mathematically would have covered expenses for the time being. 

The raising of funds with the $.40 option / warrant is, in itself, enough to hold the SP in the $.37 - $.40 range for the time being. How many tranches are left? What nut are you trying to crack?

They can avoid answering alot of technical questions but the financial ones are harder to side step.

 

MS

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