POET Technologies Inc.

Ever since that town hall meeting, a meeting which was eagerly looked forward to and attended by some on this board, the stock price has gone into a steep decline. This was when our CEO charted a new course. The chart below is evidence of that, and that's reality. Down about 60%.

And lately, with the announcement of new financing, it has given rise to many questions once again, questions unanswered, giving rise to negative speculation. Where has all the money gone? Why the ugrency - now? What happened to the $10 million that FJ said we had? How much is the delay in the VCSEL costing? How much money has bled out from our treasury to support Denselight? What will be the price of the stock offering and warrants?

It is rare to see financing at the present stock price on the Venture exchange. New share offers are almost always at a steep discount. So we have that knowledge and those unknowns overhanging, and no wonder some are cashing out. We have hired a new CFO, as of yesterday, and that too is not a good sign, as it often confirms financial problems.

We have no idea what is going on with the VCSEL. Does it lase? How close are we? Can you not release any results to show progress? Real numbers that those with technical knowledge can understand.

Was there a deal made with Denselight to invest money, and if not, why could it not wait until the VCSEL is completed?

Lots of question ......... and in the meantime, the selling continues.