Companies generally do financings at the highest price possible and will generally hold off at low prices unless there is imminent need for financing.
That being said there are a number of sources that cash could be coming from and POET currently has a healthy balance sheet. They expect to be cash flow positive from DL operation in Q1 2017?
Sources of added cash could include NRE (or other form) and grant from the EDB.
Finally, the acquisition of DenseLight also provided POET with the means to receive an offer of support from the Economic Development Board (“EDB”) of Singapore to grow its R&D operations in Singapore. This significant support from the EDB will bring among other benefits, significant incentives to POET and its subsidiaries, DenseLight and BB Photonics, to reduce overall operating costs and to accelerate the Company’s growth through combined operations in Singapore. POET expects to gain meaningful leverage from Singapore-based research and development efficiencies, infrastructure, learning institutions, human capital, and strong high-technology manufacturing.
