For those of you that have met Mike White or have talked to him trough correspondence, you know he's a stand up guy, for those of you who haven't had that chance, know that he is one of the biggest POET believers out there, if not the biggest when you take into account their substantial investment. IBK was started(in part or fully?) by Mike's dad(Also a believer in POET), it's a "family business" for Mike and you can tell by talking to him that he takes great pride in IBK. Their interest in POET started after doing a market study on Gallium Arsenide for a client, in the process of learning everything they could about Gallium Arsenide(mining, uses, markets, properties, etc) they found Poet-Technologies and they've been investors ever since. He's told me all of this at the AGM, and everyone I know who knows Mike always tell me what a great guy he is and how much he believes in PTK. True story, check your facts.
Like rockymica says , it's just part of business.
(http://agoracom.com/ir/POETTechnologies/forums/discussion/topics/651577-thats-what-happens-when-you-give-10-s-of-millions-of-shares-to-idiots-thank-ibk/messages/2044737#message)