aktienhero,

In my experience, that's not the way a private placement works, what you're describing is much more of a take over scenario, given the premium over then current share price. Investors who purchase in private placements do not pay above retail. I am glad that the company has told us that this is not a tour on which they hope to make a deal of that sort.

Also, there have been various references to institutions buying as the result of the roadshow; I doubt many institutions, pursuant to the rules under which they are governed, can buy POET stock at this time. But what they can do is recommend the stock to some of their high dollar investors who enjoy risk, so long as the potential for reward is commensurate; my feeling is that's what POET is seeking to accomplish, along with putting themselves on the mind of these institutions. If not right away, at some point the fact that POET has made a professional presentation to them may be very important to the Company and to us.

Some of these companies that POET intends to visit, may be quite small in numbers, but quite large in influence. I'm sure plenty of thought went into to whom to pitch, and no doubt POET got a few "no's" in response. But given the backgrounds of the new management, POET's batting average was probably pretty darn good.