Yes Pinetree/Sheldon has been buying like crazy lately.

He participated in the latest PP & still hasn't enough shares.

We expect this to continue because in June, when the next AGM comes one of his Directors will take a seat at the BoD of POET Technologies.

So he is basically buying all he can now, without buying them all at once, not to drive the price up. No one knows when the buying will stop, or what # he envisions to have, but for now its a pleasure to watch him scooping all he can. Another reason for his continued buying is that a spinoff of the Military arm of POET is in the works, hence he want as much shares as he can before that occurs. So even if the Insider buying stops I don't expect much of a pullback.




Certainly not with several strong upcoming catalysts.

- Milestone (MS11) is probably done by now, but this will be distributed under NDA so we won't see public news about that.

- The Pellegrino report is expected from April 20th to May 20th. This will cause a major buying spree IMO!

- MS8, the 100nm project is expected near the end of April as well. Could be early May, but nonetheless, if this falls together with the Pellegrino report we could easily trade between $2 & $3!

- We're also expecting the naming of a PDA. Once the market knows which big tech company is going to work with POET the price will respond accordingly.

- We're also expecting a contract with BAE Systems soon. Could be tomorrow or next month, but this must be really close.




So whether Pinetree keeps buying or not I think there are enough near term catalysts to maintain this price & to propel us much higher ;)