POET Technologies Inc.

From the Prospectus "The Corporation estimates that the total expenses for the Offering will be approximately CAD$500,000, including the $150,000 nonaccountable expense allowance."

7% of 10 miilion = $700,000
4% of 2.5 million = $100,000
extra $150,000

Total = $950,000 and then $800,000 for the warrants, so 1.75 million dollar expense for the financing. How does that compare to "total expenses for the Offering will be approximately CAD$500,000"

What a shocker, I am confused again!!