Poet Technologies Inc (POET)

[mackwheaton]

There remains unfinished business. The ATM was open barely 5 weeks before it was forced to be closed due the shelf expiry. Potential repercussions to shareholders have not been addressed, questions why this occurred left unanswered. Burying this in a late Friday release of 2q results is not acceptable, and based on the share price performance over the weeks since, the prospect of another “new” ATM offering does not seem optimal for existing shareholders.

I am drafting a letter to the company, on behalf of interested shareholders, requesting an explanation for what occurred and their plans to address this and future such offerings. I will post the letter to various forums later today or tomorrow, and will forward it to the company and its auditors later this week. The company must provide further color to explain why this happened and, if warranted, corrective measures being taken to eliminate such incidents in the future.

I will invite any shareholders who are interested to sign on, shareholder full name only, no holdings or other personal information please.

If the company addresses these concerns, fully and in good faith in the interim, all the better. But I believe the letter should serve as an on the record account of our concerns.