Replies to post #5484 on Poet Technologies Inc (POET)

[KCCO7913]

That is for damn sure.

Very recently I’ve read accounts from outspoken posters on another forum who have reached out to many different POET employees with no response. The only one who responded is the guy who does nothing for $4-5k a month and gave a half assed answer. POET management has never had respect for its shareholders. And frankly, I think Suresh is pompous and self centered. Brilliant scientist? Maybe. Businessman? Hell no.

Remember last year POET held a secret meeting with warrant holders and only made everyone else aware when the commons got pissed. Had a new presentation for them, too.

Then remember the tweet the night before an announcement that had a quote from the partner’s CEO and a verrrrry shaded picture of him. I’m sure the SEC wouldn’t have liked that one.

Do I think this share price will recover? Probably. But ~15-20% dilution for another few months of capital and kicking the can down the road a bit more…ugh.

And they’ll need to start using the ATM again in a few months to maintain some runway. Who’s to say they won’t have to do another dogshit raise next late spring/summer?

0% confidence in management here. I haven’t sold my position yet but I think my losses are more valuable than holding and hoping. I’m waiting to see the results of the raise.

Might actually toss what I have left into Spectra7.