POET Technologies Inc.

Heinz, I have no experience in this area. So let me ask you a question. If POET decided to withhold material information and allow those warrants to expire out of the money would that not represent a regulatory violation. Similar in comparison to the act of the backdating options?

Warrants are a value added instrument designed to encourage the buyer of the private placement to commit to the purchase. Purposely allowing them to expire out of the money would most certainly be cause for civil action and I would be surprised if this was not a violation of OSC Policy.