POET Technologies Inc.

No error in the pricing. It is what it says it is.

Apparently the wheels were in motion. They believed the VCSEL would be ready ahead of the raise and it would therefore be done at a higher price. Not sure why they did not delay but I think there might be a commitment already in place so they may have needed to proceed anyway.

What I am reporting could be considered spin but it is not my spin and I do believe it. Also Cormark likes the story a lot but the pricing was set in the US. They are still talking about partners waiting for the VCSEL.