Can we please actually sell some product and provide information to the market upon where in the heck these engines are going to be produced. Stop creating the next iteration without actually selling the one you are working on.

Let’s see 400G was supposed to be the holy grail.. nope..

Then 800G well nothing there on volume yet…

Then 200g per lane at 1.6T… nothing there

And now 400G per lane at 3.2T..

Can we not actually sell any of these products??? And where is the manufacturing ocurring?? If it is SPX we are likely to see nothing from it. So get a new place to manufacture and NOW!!

No idea how Suresh has not come out with the complete truth to gain trust back with the investor base. There is zero transparency with these guys and at this point what does he have to lose. We need to know where things actually stand and hold himself or others responsible for this mess and talk about the path forward to get this company back to where it was and how they are going to create actual revenue for Poet and not SPX to stop having to do these PPs because obviously that does not go well.

Until that happens he is going to be seen as untrustworthy by majority of the long term shareholders and the BOD should do what they are meant to do and replace him as CEO because he is unfit for the job if he cannot own up to what has occurred.

This investor letter was so out of touch with reality!! Where is the ownership of what has occurred and how are they planning to fix the situation. Put the cards on the table. Also, why are we now just hearing that we get zero revenue from the legacy products? When did this new development come about?

This investor letter was so out of touch with reality!! Where is the ownership of what has occurred and how are they planning to fix the situation. Put the cards on the table. Also, why are we now just hearing that we get zero revenue from the legacy products? When did this new development come about?

No doubt FJ knew all about this. The guy was actually on the AGM call when obviously this shit was all known. He is not a friend of any investors. He is literally as much of a clown as TM and Suresh.

These guys need someone to run the business and they have obviously shown that the management in place now cannot.

Also how the hell are we not selling any of the products at high volume at this point. This was supposed to occur 2 years ago…

If they are seriously about to either dilute us into oblivion or worse put out a retarded financing with no price applied to it then Suresh should definitely think real hard about how he has lied and cheated a lot of people that have invested in this company for many years without any return while he received a hefty salary over those many years…

Please explain… xrouter

I don’t have words. So another year and another pathetic financing obviously with zero interest from institutions.

These guys need a reality check. Someone needs to get canned and fast.

And no price on the financing so I guess the sharks can short this into the dirt to try and get more cheap shares and free warrants.

How can this continue if we are at all close to real revenue. Which it is pretty clear we are not!!

No idea how any of this is acceptable at this point. How has zero accountability to anything they have stated occurred. They literally have kicked the can down the road years. We should easily be in mass production by now in yet SANAN has just now ordered new equipment and realistically have no idea when this will be ready.

And this switch to module making certainly is concerning as we are thinking we can go up against multi billion dollar companies and have no where near the capital to make a splash in that market and unless everyone wants to be diluted into oblivion how do any of us expect to make money here.

Here is an excerpt from the latest Zack’s report that I attached below.

I am not sure how this can be taken as a positive.

2 things to note from it. One we cannot seem to sell into any module makers at any volumes because there is no money in it for them so our price is too high. And now we think we can magically just become module makers ourselves and we think that people would rather use our modules than say Broadcom because why?? We are literally nobody. How about lower your price and sell at volume to make revenue?? Also this will take a lot of money and likely dilute us a tonne more along the way. Good thing TM dud s 10:1 split do that he can dilute us into oblivion and keep collecting options for doing sweet F All!!

Also we somehow now are not getting NRE from C.AI because why? Seems like a great job negotiating TM!!

These guys do a terrible job on the business side of things at every turn.

They need to partner with a big name or the OI will never get any traction and this should have happened many years ago.




“POET explained its shift in strategy, citing resistance from module makers to design-in POET optical engines due to the fact that POET has already built so much of the value-added into the optical engine itself, leaving little value-add (and margin) for the module maker. Such a move also eliminates a full design and qualification cycle by the module maker, which can take up to 9 – 12 months before samples are delivered to end users. And finally, it gives POET the opportunity to sell devices directly to hyperscalers and network equipment operators who purchase modules, but not optical engines. POET has tied this effort to build modules into its “China Plus One” strategy to produce optical engines for transceivers and light sources for AI hardware outside of mainland China, which it believes will be a business requirement in the near future, due to increasing restrictions by the governments of both countries.
POET is actively seeking a JV partner to independently finance this strategic initiative and reports that it has been successful in attracting several financial investors in Asia willing to invest large sums ($50+ million) into this effort. POET cites the decades-long interest and experience in hardware companies in Asia, company valuations that are 3X-5X compared to valuations in North America, and an existing ecosystem of upstream and downstream suppliers near to its location in Singapore that make such an investment attractive. ”

Really don’t get how anyone can think things are going swell on the business side of POET. How have changes not been made by getting rid of TM and likely bringing in a CEO who is business minded. We need to get to mass production on all fronts and sooner than later. This should be priority number 1 and having a CEO who is stuck in the r&d mud is not helping that. He needs to become CTO and get out of the way for a business savvy guy to get these deals done and put pressure on these companies.

We all have enjoyed zero returns over what the last 4 years… that is terrible.

The lack of institutional buyin is even more troubling at this point in this venture.

Make the changes that are needed POET…

More tweets with more tech speak and nothing of substance for the market to grab hold of. We have no outreach and we have no institutions wanting on board. The volume is abysmal and no buying pressure what do ever!! You would think at some point it would force the company to change their way of thinking and their approach but apparently all we get is more time for investors to beat our heads against the wall as it is very apparent where the issues are.

China is one and no uptake by any large scale NA companies is another and terrible marketing is the third…

They just paid ihub for a 3 month stint and have gained zero followers and my bet would be not many more investors from this outreach. Figure it out Poet!!

Sorry that is correct. I just did a brief review of the option plan changes.

There has to be a reason they want to change this now. The only thing I can see possibly is the fact that if you leave without cause in the new plan if the options are vested it looks like the individual now does not have a year to exercise.

One other thing of note is if we were to terminate TM right now it would only cost us 82000 for severance. I think that should be option number one and don’t think he deserves to have his options available after a year do my vote would be no.

Anyone else see a reason why they want to change this now?

So I guess we have to wait for the circular to get to peoples door steps to see what this resolution of some sort of “omnibus plan” for the stock options and compensation.

I don’t think so. It is the lack of the company having any realistic view on near term revenues and the numerous times they have kicked the can down the road or minced words and not been transparent whatsoever ever. Also the absolute inability up to this point in getting any institutional ownership. These are the issues that need to be addressed. They literally point to a CFO who cannot do his job which is revenue projections and gaining institutional buyin. And a CEO who is more focused on being an r&d company than a revenue producing manufacturing juggernaut. How many times have they said that they have the product locked in and then later state they are now adding this to it or the customer now wants this. This comes from being focused on r&d and not focused on producing and selling product which should be the focus of the CEO and have a CTO work on the next iteration but sell the hell out of the current one.

Look at LWLG. They get news and their share price jumps because they have institutions who move the price. We get news and we get no movement.

At this time I do not but honestly. If we hired someone to actually do this that knew what they were doing it literally should not be hard to reach a broad audience. Our share volume tells us all it is not happening now…

Do you not see that as a problem.

Yup Aves these are sadly all realities.

And hiring Adrian’s friends to do another video that very likely will be riddled with tech speak is not the solution. How many times are they going to fail miserably on the marketing front before they actually spend some real money and hire a real marketing firm to do this for them.

If they do another financing here and institutions are not all over it then that is just another fail by TM once again and apparently Suresh is ok with that.

Yup I agree there is much to see in orders that are possible but do we know where 800G is going to be produced or where the starlight will be produced. I have to doubt starlight en masse is going to be produced at the Shine or at least I hope not as we hope this is massive volume which it would be nice to get that produced in a large facility.

It would be nice to hear them speak to where this will be done.

Yeah dividends but that will not be anytime soon. My bet would be at least a couple years. As I said these dollars are not going to help out burn rate anytime soon. This needs to be articulated by management and what they are doing to get revenues going outside of China so that we do not get another punitive private placement with more warrants for them yo hold over the share price.

Aves I tend to agree that some big holders are obviously lightening their share count into institutional holdings but we need institutions to bolster the share price so hopefully that ends up being a win win for us.

Awesome that you are able to take advantage of what seems like rock bottom prices!! And yes we have said that many times. I do believe we will all do well here as well!! The sooner we can get above 15 or so the better though as that is close to where we were presplit.

And yes digital is the way these days and I do believe there are better avenues they could be pursuing.

I think healthy debate is good and no it is not all negative here.

We have products and are selling them!! That is a WIN!!!

I am not knocking the fact that we now have a PO. That is good maybe even great and a first step. But we did literally move .045 cents presplit on that news.

We need to get a lot more substantial outreach and that needs to come with some top tier marketing firm if anyone thinks that Adrian and his videos that only existing shareholders watch or these campaigns with stockhouse or ihub are it they certainly are kidding themselves.

If you think you are a multi billion dollar company they need to act like one and understand that includes the entire business. Not just the lab or the production floor.

Getting investors interested and knowing who you are needs to improve.

Let’s see if one day they can get that message.

Sorry if it came off that way. It is an honest question. This money is going to stay within SPX. It does not help our burn rate as far as I can tell. We need to be making money that goes in POET’s coffers not SPX for that to be the case.

If anyone has any info otherwise I would like to hear it.

Because A) this is SPX revenue to which we get a portion of but getting money out of SPX is not going to be easy. It is in itself its own company that we are part of. And getting money out of China is not that easy.

Anyone else want to elaborate more?

I give kudos to Poet for finally giving some revenue and numbers on a news release. This is good to see.

Now what I would like to know is since this is SPX and the money will not be leaving China what we are doing to get production outside of China to allow the company to actually take advantage of revenues they have coming in.

To me these orders in China will not be helping to alleviate the burn rate and need for more cash in a few months unfortunately. An in person AGM would have allowed these issues to be dealt with directly but unfortunately Poet did not see this as being beneficial.

I welcome any thoughts upon this.

Surprise surprise back to no volume. This news has no reach because they have no large investor outreach and we now have a new “Disconnect” Manager in Adrian so that should help a lot!!

I see C.AI is now flush with 95M of cash. It definitely interests me how most companies in this space have no problem attracting all sorts of investors with deep pockets but we cannot even fill a 5M PP. There is a real problem here that needs to be addressed.

Is it really that surprising… what exactly was unknown before today in this news release other than the kicking of the can… I’ll wait to hear your response.

Their idea of “on track” is definitely not the same as mine. That is all I will say.

The fact that they hide these things in sedar documents and cannot even put it in a news release is telling??

If they actually produced anything meaningful they would not be scared to meet in front of their investors.

Hiding behind it not being efficient to do an in person agm is BS. They could have some management there and others in video. They are a tech company and cannot figure this out.

They need to be accountable to investors and this looks really shady!

You mean other than the fact that their “digital marketing” has no reach and they don’t seem to know how to extend it to deep pocket investors.

Are you saying you are happy with how things have gone on over the last couple years? It appears tech is good maybe even great but we literally have no big tech wanting in and do you think institutions do not like money because if they could actually sell what they are doing to them they should have taken that last cheap financing down in a heartbeat but they did not…

Is that our fault?? Nope.. management needs to get that arm of the business in order as it stands today!!

Frustration is an understatement at this point. The creative ideas need to come from management and for them to think outside the box when it comes to the narrative they deliver and the news that they present to the investing community.

We should not need to be creative.

They need to be honest and forthright with clear concise information and stop dangling the carrots. We need real meat on the bone!!

Honestly after as many years as a lot of us have been “invested” in POET if anyone is actually happy with this as a real investment they have to be kidding themselves. We are literally at the same place where the ridiculous financing was done many moons ago and have apparently done such great things tech wise but these brilliant minds have not found any way to attract any large scale investment from any real deep pockets other than us retail folk who appear to be mostly out of money at this point and definitely wearing thin on patience.

No idea how we keep hearing how we are on track and the posts keep being moved infinitely before our eyes and we are supposed to be ok with this. And we keep hearing how we should not wait to get invested and big news is coming from our cfo.

How some of these guys have not lost their job and been replaced by the board is beyond me especially the CFO. He has been less than stellar and that is putting it lightly.

These things need to change quickly for any of us to call this an “investment”. Right now we are all just bag holding and the opportunity cost is getting larger and larger while these guys continue to dangle the carrots till the cows come home!!

Do something meaningful POET!! We are waiting!!

Seeker it would great if you can keep your personal attacks to the agoracom forum. This forum is meant for posts directed at POET as an investment. You do remember that this is an investment we are supposed to make money at. That is what we are here for.

Thanks in advance.

This is literally what happens when you have a dinosaur running your PR department. He has no idea how to outreach any new investors especially ones born after 1980 and no way to get institutions on board. Proven fact.

Instant Gratification!!

Haha now that is funny, the fact that most of us have been here for around 10 years plus tells us there is nothing instant about POET. And “soon” is a term none of us want to hear ever again…

The messaging from this company needs a complete overhaul as it has done zero to support the share price over the years… if the tech is so good at this point we should have heard something from big tech. Where are they??

One issue I have with this and would like to understand further is since this work with Vanguard is fairly new do we have more development work to be done and are we waiting another year or more to get these products to market. This is where the company needs to improve their communication. Are the customers ok with what we have created now or are they now going to wait till we get through another iteration of qualification.

Any thoughts would be helpful.

Can someone please explain why they are trying to attract more retail investors when it is blatantly obvious that they need to figure out how to attract institutions. What the F are these guys really doing. This makes absolutely zero sense at this point.

Can they not get a proper marketing firm to get some proper PR going or are they literally inept at this part of the business. Maybe have suresh actually get interviewed by someone who Is not just throwing softballs at him and forces him to answer the tough questions about what is really going on and why there is not interest from larger entities when they continue to state that they have the holy grail. Sorry but at this point the market is not buying it Literally!!

It looks like we have a liquidity issue with this stock. No one is really trading and I warned of this when the thought of a 10:1 reverse split was mentioned. Institutions have a hard time wanting to be involved in an illiquid stick because they can’t get out of their position easily if they need to. This is a real issue and one that needs to be addressed by management by getting news out that brings this to a share price where a split can be done to add liquidity back.

I don’t think anyone can claim to be a millionaire from this stock. It is literally impossible. Unless you traded every up and down over the last few years which I think is highly unlikely.

It is uncomfortable because they have stated it would be wrong to wait and inflexion point and ready for prime time how many times and what have we all seen?? Our accounts going in the opposite direction the entire time. If you are ok with this kind of development then I guess you are more in the hopes and dreams category than actual investing to make money.

They need to stop dangling carrots and show actual meaningful news with dollars and real volumes and projections of revenue this year and next. Otherwise we are going no where over the next year or so.

Please prove me wrong…

At this point with what we have the fact that no big tech has hitched their boat to POET is a major concern. One for the credibility of management as they have stated so many times that they are working with large customers but have shown nothing from them. They have thrown around names to certain individuals to get them to keep funding this company over and over again but have proven unable to actually get any deals signed with them. There needs to be accountability to these words and they need to stop dangling carrots over and over again.

Great post Mack and yes it seems the majority of us were way to early.

But yes the company needs to stop with the play on words like “production” and r”released to production” those are not the same and they knew that. They need to start gaining credibility by being forthcoming with what this year and next look like for revenue and production volumes.

The fact that we are now over half way to 2H and have none of this tells me we are likely going to see very little actual production for sake in 2023 which to me as an investor is another year wasted waiting for these guys to actually do anything that the market will find meaningful.

Management needs to get a grip on reality and step out of the lab and actually understand what is needed to move the needle or as has been stated many times hire someone that actually understands these things.