FJ / Warrants february: "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?"
Only if a violation was provable. They would not be so dumb if they really would decide to. At this point I´m with Heinz: There is not only black or white. They will find good reasons that are compliant to regulatory rules.
More important is: Does Poet want them to expire out of the money? If they need the money, it could be clever to let them expire, then try to shift the share price and collect new (and more) money. I am sure that would be technically possible. But they have to consider the public image, it may be damaged. It´s a question of priorities.
Here, too: We don´t know. We have to wait was management does or says.
Hoping the best,
Holk
