Poet Technologies Inc (POET)

[prototype_101]

thanks Rick, yeah for POETF to conquer Lebby's "purple brick wall" they must be planning the scale ups to 200g+ by 2018-2020 timeframe

I agree with what Mack is conjecturing, I'll add that the amount of financing needed near-term, say next 12 months in order to accomplish internal goals to ramp up production of POET tech may actually require a 30 million + commitment in addition to remaining cash on the balance sheet, so in theory a private placement may not have been thought able to accomplish this greater amount of needed near-term capital, if you go back to the presentation slide 37 showing the PP's of:

2012 at 5.4 mil
2013 at 7.2 mil
2014 at 4.5 mil
2015 at 0

then look at this PO which brings in

2016 at 12.5 mil (.36 CAD issued)
2017 at 18 mil (warrants at .52 CAD presuming Mack is correct get exercised within the next 12 months or so)

so in total this would give POET up to approx 40 mil to achieve near-term ramp up goals (assumes 10 mil current balance sheet cash plus 30 mil from this PO incl the warrants)