Terafly:

"Oogee, you continue to reference the "broken promise".. care to elaborate, and what are your thoughts here? To lose 10 cents in a day when you raise $5M and strengthen the balance sheet is a tough one to swallow. That's $13 million + in market cap poof, and pre market bids were showing a gain od 5 cents or $6.5M in market cap. How do you really feel?"

By 'broken promise' I refer to the statements made by management at the TO meeting that anyone interested in POET would have to go to the market to get their shares from now on because they had all the money they need. This is I'm like everyone else in that I would prefer to have minimum dilution, but management has earned my trust so I'll give them the benefit of the doubt that they need this $5M and wouldn't go to the market if they didn't have to.

Over the past few weeks I have found it funny (but until now I have kept this to myself) that certain posters have been counting all the money that has been lost due to UConn royalties, and now dilution, while at the same time scolding other posters for speculating on the ultimate value of the SP. Doesn't anyone see the irony here? These folks are harping over percentage losses without even entertaining a thought about how much money we are talking about! In essence they are saying "I don't know how much POET is worth, but all I know is I just lost 30% of it to UConn!" LOL

This is why I say that while most of us are looking forward to multiplying the ultimate SP by our number of shares and laughing all the way to the bank, these others will then be dividing that number by 0.7 and crying over the money they should have got!

Also, I wouldn't worry about a measly $13M of market cap for a technology Taylor thinks is a $10B opportunity.