Poet Technologies Inc (POET)

[prototype_101]

Strik, liquidity as follows should get us to NRE's

Liquidity and Capital Resources
The Company had working capital of $15,509,859 on December 31, 2016 as compared to $14,045,498 on
December 31, 2015.
During the year ended December 31, 2016, the Company raised $3,598,907 from the exercise of stock options
and warrants to assist with its liquidity. Additionally, the Company raised $8,184,237 net of share issue costs from
the issuance of 34,800,000 common shares. The cash flow expended on operations for the year was $9,961,419,
which included funding the losses of DenseLight and BB Photonics from acquisition date of May 11, 2016 and
June 22, 2016 respectively, along with one-time cash outflows relating to the acquisitions during the year.
The Company’s balance sheet as at December 31, 2016 reflects assets with a book value of $35,505,597 (2015 -
$15,934,839) of which 48% (2015 - 91%) or $17,134,203 (2015 - $14,560,919) is current and consists primarily
of cash and short-term investments totaling $14,965,557 (2015 - $14,409,996). p16

http://www.sedar.com/CheckCode.do

So with $15 million in cash they should be able to operate into 2018 and by then we should have bigtime NRE monies from upcoming protos

found this on agoracom >


Prototypes


posted on Apr 04, 2017 05:18PM

The below statement I have taken from the audio transcript from Feb 2016. It suggests that a functioning optical engines will be completed in Q2 of 2016. Then prototypes in H2 of 2016. My point is, are we to expect a similar timeline between completing the optical engine demonstration (completed Jan 2017) and prototypes? If so, surely NRE will be attached to this event and therefore it's not unreasonable to expect them SOON! (Couldn't resist)

We are also on track to demonstrate integrated 10 gigabit per second transmit and receive components that incorporate the FETs, VCSELs, and detectors by the second quarter of 2016. These milestones will allow us to provide functioning prototypes to the market in the second half of 2016, as per our plan. These advances are at the heart of our mission to deliver the next generation of transceivers and providing the performance of light at the cost of copper. With that I’ll turn it back to Suresh.

http://agoracom.com/ir/POETTechnologies/forums/discussion/topics/688296-prototypes/messages/2144982#message

Also, I believe they still expect Denselight to be cash flow positive in 2018

Lastly, the future cash uncertainty clause I presume you are focused on is a fairly standard disclaimer clause >

We may not be able to obtain additional capital when desired, on favorable terms or at all.
We operate in a market that makes our prospects difficult to evaluate and, to remain competitive, we will be
required to make continued investments in capital equipment, facilities and technology. We expect that substantial
capital will be required to continue technology and product development, to expand our manufacturing capacity
if we need to do so and to fund working capital for anticipated growth. If we do not generate sufficient cash flow
from operations or otherwise have the capital resources to meet our future capital needs, we may need additional
financing to implement our business strategy.
If we raise additional funds through the issuance of our common stock or convertible securities, the ownership
interests of our stockholders could be significantly diluted. These newly issued securities may have rights,
preferences or privileges senior to those of existing stockholders. Additional financing may not, however, be
available on terms favorable to us, or at all, if and when needed, and our ability to fund our operations, take
advantage of unanticipated opportunities, develop or enhance our infrastructure or respond to competitive
pressures could be significantly limited. If we cannot raise required capital when needed, including under our
Short Form Prospectus filed with the Canadian Securities Exchange and the U.S. SEC in October 2016, we may
be unable to continue technology and product development, meet the demands of existing and prospective
customers, adversely affecting our sales and market opportunities and consequently our business, financial
condition and results of operations. p 28