How is this for speculation?
Fact: They have got all their disclosure documentation together in order to qualify for a US share issue.
Fact: they are using Rodmen and Renshaw in NYC
Fact: this is being done very quickly
Fact: the general public will be provided an update by the last week of November after the financing has closed.
Speculation: They are using Rodmen and Renshaw in NYC to trade for coverage by their tech analysts.
Speculation: The issue will be bought by well-connected hedge funds and the share price is where it is to set the price (the good and the bad or the bad and the good).
Speculation: The VCSEL is done but needs to be optimized which is something that will be ongoing so the timing is left to POET when they declare it is done.
Fact: Suresh talks about the need to maintain a healthy balance sheet.
Fact: 3 forms of revenue were highlighted in the CC which are all in talks today.
Fact: they continue to talk about advanced discussions for NRE
Fact: the share price has never been able to maintain any traction following any announcement
Fact: the overhang of options and warrants is all but gone.
Fact: The company has $10 million in cash right now and with a small investment can double capacity out of DL. DL is expected to be cash flow positive in the first half of 2017.
Speculation: They have rushed the raise in order to get US Institutional Investors position ahead of the November update and could declare the VCSEL complete at that time and/or detector NRE. Update the market on GaN which they have chosen not to say one word about since that joint development was announced.
Speculation: there will be significant news flow after the closing of the financing and we will see evidence of why the IR budget was increased.
