Denselight is happy their employees are getting paid again. They were on the verge of going under when Poet saved them.

So Poet is a 2nd chance at life.  

It also means that 2.7 million shares could be returned to Poet's treasury, reducing the outstanding shares by that same amount.

The Company's existing cash and cash resources are considered sufficient to fund operating and investing activities beyond one year from the issuance of these unaudited condensed consolidated financial statements

nodrog, this is very much on-topic.  I would encourage you to post more on the main board, especially if the content directly references Poet, like these tweets.

I think it simply means IBK was able to place $3.7 million worth of units.  It does not mean that all those units went to Canadian investors.  I'm sure IBK has their own US contacts/clients that they were able to place some of the units with.

Shorts already covered

Short Positions for PTK