Looking at historical data from the PTK share price, you see some nice runs, gains, volume, followed by loss. Try to connect what was going on with the information we had at that time. Safe to say the stock has shown potential, but fell short of "Take her to the moon for me".
Looking forward to what remains to be answered for short term expectations as stated by CEO Suresh Venkatesan from the Sept 30 CC - 27:59 - Our initial product definition is underway, even as we continue to optimize the underlying technology and initiate the transfer to a foundry. Again, our next update will have more granularity. Between now and then, you’ll see more proof points from us.
We are nearing the half way point, 6 weeks past the Sept 30 CC with 7 weeks remaining until the January CC. It appears POET has chosen a more compact time frame to release these proof point NR's and how close we get to the Nasdaq remains to be seen. As in the past, we ran out of boost a few times. Suresh Venkatesan 30:21 – Second, we would like to assure you that we were resolved to be closer to investors.This is particularly important as we progress towards a NASDAQ listing application. A number of you have expressed interest in being even more supportive of the company. We areappreciative of you confidence and we are going to take you up on this. We are looking to have a truly platinum shareholder base with thoughtful,domain knowledgeable investors, what Silicon Valley often calls smart money. So you can expect more from us, more updates, more investor communications, and more material developments in the public domain.
I tend to believe POET is on track, lighting the fuse with the International Roadshows and hiring a new IR firm, which I would really like to see them "busy" preparing NR's. But, if POET truly wants to be on the Nasdaq by January they will need to unleash a sustained boost of proof point NR's. Otherwise, it may be just like sending Christmas cards to let us know they are still alive.
Will the new POET executive lighten the load for the Nasdaq by focusing resources on products and deals that will be vaildated in these upcoming proof point NR's?
https://www.youtube.com/watch?v=CYg3UmSNJME
