Poet Technologies Inc (POET)

[mackwheaton]

Hey strik, congrats on not being one of these idiots who needs a new car every 2 years to feel relevant. Whether flat broke or flush with cash, the only car I ever dumped before driving it into the ground was a lemon.

Here’s the deal; this tranche after tranche bs is freezing the share price below 40 cents CA. Even now, as the SP approaches that number, people are selling off and taking debentures instead.

Sometime soon, (likely within the next 6 weeks), we get the news on the acquisition; if its a go, so are we, as we get who is buying and the enough details of the supply agreement to satisfy proxy voters. The tech is thus validated.

If buyer backs out, hold the phone, it’s all up in the air. The financing will have to carry them for at least another 6 months.

If POET backs out, more likely good than bad IMO, better deal available or better to hold on to DL because it increases margins or much greater value down the line. We will know soon.