My take on Poet
Poet is strong financially and the RS, I believe is not to generate financing but to list on NASDAQ and TSX.
There are milloins of options that will add to the cash box.
Manchona joined the company from GF. That is huge. We all have read his BIO.
We are near the PDA's P2 revenue and announced partnerships.
I strongly believe that any major cap company in talks would balk at the listing on the Venture.
TSX or NASDAQ if a necessity.
The share price is being hammered by ??? so it does not stay above 2.00US.
Management and Manchona want to maximize PTI value by listing on the NASDAQ and.or TSX
Management is asking the authority to do RS up to 1 for 5. They are not going to do that if is not required. And, I believe that they will use the lowest number possible of they do.
We have extremely knowlegeable management ( and specially Manchona)
Many on this board have praised their actions over and over (exept for timing of news of course)
I fully thrust management to make the necessary decisions to maximize the value of POET for ALL investors (and themselves of course... they deserve it).
I am voting YES to RS knowing that we have solid management and I have faith in them.
We are still all going to be rich
IMHO of course
LONG AND STRONG
