cpthollywood's Profile
cpthollywood's Posts
Pretty heavy discount on PP and Warrants.
At least this gives these guys huge incentive to blow this thing up and make a fortune.
Regardless of whether the product exists/works or not at this point, these guys will probably be selling/pushing this thing up to everyone and their dog. If not tomorrow afternoon, maybe in the near future we will see this taking off like a rocket now that they have massive incentive to do so.
We were getting bounced back and forth in no mans land before...at least this ridiculous placement should light a few fires.
As underhanded and brutal as this immediate news is to existing investors, I'm expecting a run up.
POET Technologies, Inc. :POETF-US: Earnings Analysis: Q1, 2016 By the Numbers : June 6, 2016
POET Technologies, Inc. reports financial results for the quarter ended March 31, 2016.
Analysis
- Summary numbers: Revenues of USD 0 million, Net Earnings of USD -2.98 million.
- The company did not record any revenues for the last twelve months making the comparison of net margin versus asset turnover meaningless.
-
POETF-US‘s earnings and EBITDA are both negative which suggest that P/E or Price/EBITDA are not meaningful to make this analysis between operating advantage (ROE) and growth expectations (as suggested by P/E or P/EBITDA).
- Cash and Cash equivalents were down this period to 14.73 million compared to 14.85 million in the same period last year.
- We consider the company to have a Quick & Able profile as it currently does not have any debt. In comparison, the median level of debt as percent of enterprise value for its peer group is currently 23.85%.
- All 4 peers for the company have an outstanding debt balance.
- Net income of -2.98 million this period compared to a net income of -3.64 million last period. This is a growth of 18.10% over the previous period. In comparison, the peer group grew at -0.98%
Access our Ratings and Scores for POET Technologies, Inc.
They have presented a very realistic and achieveable plan for the company.
Though the presentation today didn't seem overly necessary, it did provide an opporunity to ask a few questions and ensure all is on track.
These acquisitions and the integration of them will prove key to the future. There will undoubtedly be more such activity coming down the line. They appear to be positioning to build value and strength for a profitable end goal, whether it be buyout or taking it all the way. They will propbably have the ability to do whichever they choose.
Today's stock price drop is only relevant to someone who needs their money today. Unlike a company who is failing and the rats are fleeing the ship, this company is building and should continue to gain strength. In time many will wish they knew about these prices.
Given a winning lotto ticket, but told it couldn't be claimed for a year, I don't think many would discard it. It would be placed in the safest place possible until you were able to make the claim.
Your shares are worth much more than they are today. If GaAs is the future with decades of life....why care what the price is today or even a year from now? This should be something worth holding some % of for years.
Doing exactly as they should.
Further guaranteeing their own independence and ability to come to market with minimal interference from large competitors. Bravo.
Expecting all the little pieces like this to continue.
POET Technologies to Acquire BB Photonics
SAN JOSE, Calif., May 17, 2016 (GLOBE NEWSWIRE) -- POET Technologies Inc. (the “Company” or “POET”) (POETF) (PTK.V), a developer of opto-electronics fabrication processes for the semiconductor industry, today announced that it has signed a definitive agreement (the "Agreement") to acquire all the shares of BB Photonics Inc. (“BB Photonics”), a private designer of Integrated Photonic solutions for the Data Communications market. Upon completion of this transaction (“Closing”) which is subject to applicable regulatory reviews and approvals, including approval of the TSX Venture Exchange, POET will own 100% of BB Photonics and its assets, including intellectual property and technologies, and there will be no liabilities assumed on Closing.
BB Photonics, a pre-revenue, New Jersey-based privately held photonics company currently develops Photonic Integrated Components for the Datacenter market utilizing a Platform Technology approach using Embedded Dielectric Technology, that is intended to enable on-chip athermal wavelength control and lower the total solution cost of datacenter photonic integrated circuits.
This strategic acquisition of BB Photonics will provide POET with additional differentiated intellectual property and know how for future product development at its facilities in Singapore recently acquired through the DenseLight transaction. Collectively this will enable POET to better service the end to end Data Communications market and additionally augment its sensing roadmap.
"The acquisition of BB Photonics helps bolster our Intellectual Property and know how in Integrated Photonic solutions and enables broad applications through its unique performance and cost capabilities. It is anticipated that these factors will allow us to expand, accelerate and complement our current roadmap”, said Dr. Suresh Venkatesan, POET’s Chief Executive Officer. “This is another synergistic and timely acquisition for us as we focus on providing our existing and future customers a broader range of differentiated photonics technologies.”
“BB Photonics is excited to be part of POET Technologies and to enable athermal multi-wavelength photonic integration in high speed Indium Phosphide devices”, said Bill Ring, Chief Executive Officer of BB Photonics. “We look forward to working closely with POET and DenseLight to bring our differentiated IP to market and deliver meaningful shareholder value”.
Terms and Structure of the Transaction
POET will acquire 100% of the shares of BB Photonics from its shareholders in consideration of the issuance of approximately 2,000,000 common shares from POET’s treasury in this stock only transaction, subject to adjustment based on the increase or decrease in the US-CDN dollar exchange rate before Closing which is expected to take place no later than 30 days following the date of the agreement.
The issuance of the POET Shares is subject to compliance with all United States and Canada Federal and State or Provincial securities laws and regulations, and the rules of the TSX Venture Exchange. The POET Shares will be restricted and subject to resale restrictions as established by the TSX Venture Exchange and U.S. securities laws. The management shareholders of BB Photonics have agreed not to sell, transfer, pledge or otherwise dispose of the POET Shares for a period of six months, at which time such shareholders may each sell up to 25% of the POET Shares received by them. The management shareholders may sell an additional 25% of the POET Shares received by them after twelve months. Thereafter, the management shareholders shall be able to sell the remaining shares after 24 months from Closing. The non-management shareholders of BB may sell POET shares at various times and in various amounts at four, six and twelve month periods following issuance.
The rollout is going well.
News releases have been positive and continue to support the possibility of success.
The removal or ex-key members is positive, even though it is hard on one side to step aside from something they've been so heavily involved with, it must be rewarding knowing the new hands have the best chance to bring all to fruition. The old crew were paramount in getting POET to where it is today, and deserve all the praise they have been given, but their passing of the torch to the big guns further supports the end goal of seeing this to market.
Production/supply acquisition is good. No competitor can hold them back or slow them down if they are able to control this. Competing and old technologies (Silicon) will no doubt kick up a struggle to cover their existing antiquated platforms and R&D. If POET have the control and power to produce, access supplies and required materials, they can't be toyed with as easily. They are smart in their progression.
Hopefully they will be able to meet production demands and capacities when the time comes. Rushing will get them ahead, but not win them the race. If this achieves market acceptance and becomes an immediate hit, the inability to meet demand and orders could just as easily kill it. They certainly know this and will aim for a well timed rollout and production quota.
We'll most likely see further acquisitions and deals put in place. Legal will certainly have their hands full too. Would expect shares to be issued if/where needed, but they are doing most everything right it would seem at the moment.
The stock was at $2.87 a few years ago based on little more than a hypothetical evaluation with a lot of "ifs" atached. Many of the pieces are falling in to place as we stare at $1.20 range. Low value is not a bad thing until things start rolling in. Quarterly reports should all meet expectations and see an uptick versus setting the bar and value too high too early and seeing it killed each quarter.
This seems to be being brought to market with great care. Very encouraging and has added much more value for me as of late than the stock price ever has. I'm extremely comfortable at this point to sit on my investment for many years and watch this continue to transpire as it has.
Great job to the old and the new team!