Thank you Mrs. Shepherd and TheWaitingGame. I was waiting for someone to speak out about this. Those who think that POET was the company who passed by a $5 B offer from Google with a market cap at the time around $300 M needs to give their head a shake, and needs to brush up on their M&A knowledge.

I've said time and time again, companies establish offers based on a premium of the current market value, and not some pie in the sky number that is multiples of that (regardless of the perceived future potential of the asset). CC has spoken about this as well, and definitely this kind of offer would have to have been presented to the shareholders, and 100% guaranteed would have been accepted as it would have represented approximately a 1500% premium at that time.