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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Message: A few facts on Pinetree

Notice how much they had increased their Technology and other holdings in 2013 fro 5.5% to 19.1% of total holding. The way they has been buying POET in the early part of 2014, I wouldn't be surprised if they're not getting close to half their holdings in Technology (POET being the biggest part}. Also their NAV was $.65 at the end of 2013. Their NAV on Feb. 28 was $.92 not too shabby for a company like this and probably mostly due to POET's share price increase and Pintree's increase of POET shares

December 31, 2013 December 31, 2012
Sector ($’000) % of
Total
($’000) % of
Total
Resources:
Precious metals 52,802 39.5 145,169 53.7
Oil and gas 16,647 12.4 30,433 11.2
Base metals 14,103 10.5 31,075 11.5
Uranium 11,909 8.9 18,875 7.0
Potash, lithium and rare earths 12,299 9.2 27,739 10.3
Coal 595 0.4 2,140 0.8
Total resources 108,355 80.9 255,431 94.5
Technology and other 25,610 19.1 14,749 5.5
Total investments 133,965 100.0 270,180 100.0

Net asset value per share (“NAV”) was $0.65 as at December 31, 2013, a 58% decrease from the Decem

Sheldon is a very shrewd investor and a "follow the money" stratagy would be a good one for us. He buys significant quanties, we buy. He sells signficant quanties we sell.

On Feb 13. Pinetree bought this amount (below) as we all know and to my mind this plus all the other shares they have been aquiring lately shows that Sheldon knows a lot more then we do about POET....Notice what it says at the end of the news release

Pinetree Capital Ltd. Acquires Securities Of Poet Technologies Inc.

TORONTO, Canada (February 13, 2014) Pinetree Capital Ltd. (TSX: PNP), announces that on February 13, 2014, it acquired ownership of 2,775,385 common shares (“Common Shares”) and 2,775,385 common share purchase warrants (the “Warrants”) of Poet Technologies Inc. (“Poet”). Each Warrant entitles the holder thereof to acquire one additional common share at a price of $1.00 until February 13, 2016. In the event that the Warrants are fully exercised, these holdings represent approximately 3.8% of the total issued and outstanding common shares of Poet as of February 13, 2014, calculated on a partially diluted basis assuming the exercise of the Warrants only. As a result of this transaction, Pinetree and its joint actors collectively held, as at February 13, 2014, an aggregate of 14,954,885 common shares of Poet, including the Common Shares, and rights to acquire an additional 13,471,385 common shares of Poet upon the exercise of convertible securities (the “Convertible Securities”). Of these totals, Pinetree owns 8,525,385 common shares, including the Common Shares, and the 7,777,385 of the Convertible Securities (the “Pinetree Convertible Securities”) directly. In the event that the Convertible Securities are fully exercised, the holdings of Pinetree and its joint actors represents a total of 28,426,270 common shares of Poet or approximately 18.2% of all issued and outstanding common shares as at February 13, 2014, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only. In the event that the Pinetree Convertible Securities are fully exercised, the direct holdings of Pinetree represent a total of 16,300,770 common shares of Poet, or approximately 10.8% of all issued and outstanding common shares as at February 13, 2014, calculated on a partially diluted basis assuming the exercise of the Pinetree Convertible Securities only.

These transactions were made for investment purposes and Pinetree and its joint actors could increase or decrease their investment in Poet depending on market conditions or any other relevant factor.

That's why I say as I always do especially with insider trading "follow the money" ;-)

Can't wait for that next press release.

GLTA.... you desere it

T.

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