Wednesday, November 12, 2014 11:03:32 AM
That is obvious.
There is no need for financing, secondary financing, or death spiral financing. POET has in the area of $14 million in cash.
As for SI, he is involved with his own machinations where his fund (Pinetree Capital), and the debt covenants are concerned. Anything he does with regards to selling is in no way directly linked to his belief in POET, nor his expectations of POET's future. He has a mountain of his own personal shares too. The last thing SI will do is unload.
"The guy" in the video is Dan DeSimone, and he is the Technology Director, and a Vice President with POET.
POETF
"Despise the enemy strategically, but take him seriously tactically."
Mao Tse-Tung
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