The problem with your scenario Stockguru is that even if POET did decide to apply for a listing without any market support meaning no announcements to support the share price. If they do an RS while the share price is languishing at this level the share price would probably continue to drop and this stock would fail to achieve the listing approval. What then?
This is the reason that Peter is making this statement. If you read what Peter is saying. He says he has to have news leading up to the NASDAQ listing and follow on news to keep the share price up in order to be approved.
This is the most current information we have. I don't know why anyone would ignore this?
