Liquidity is Critical and POET has plenty !!!!!

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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POET 2020

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Liquidity is Critical and POET has plenty !!!!!

posted on Aug 14, 2013 10:57AM

POET has $5,546,212 Cash and AR on the balance sheet.

POET is highly liquid.

Plenty of cash reserves to cross the finish line.

"The Company’s balance sheet currently has assets with a book value of $6,475,327 (2012 - $2,367,260) of which 86% (2012 - 97%) or $5,549,690 (2012 - $2,297,607) is current and primarily cash and accounts receivable of $5,546,212 (2012 - $1,532,511). This highly liquid and unencumbered balance sheet is a spring board for a flurry of activity already undertaken and further expected in 2013"