Poet Technologies Inc (POET)

[mackwheaton]

Hey strik, my guess is they prefer receiving millions of very cheap 10 year options to any buying. No risk, and if they know what is coming is that good, easy money down the road. And 10 years is an incredibly generous time period for many reasons.

I have written to Suresh asking him to consider issuing their next set of options at or above the price of the last offering (I believe that was 55 cents CA).

Doing so shows shareholders you have confidence, is investor friendly and is a big lift to those who bought that last offering, and probably lifts the share price in the short term. Win win you would think.

No reply at all.

If I am not mistaken the special meeting is required when options are to be requested as compensation due its dilutive potential. I think that is the most likely reason for the AGSM. I will post if I hear from him, but not holding my breath. Last year I sent a letter with 200 plus shareholder endorsements that seemed to have fallen on deaf ears as well.