We can say categorically that there will not be a PP as a result of the investor roadshow.
POET management have gone on the record saying this is a "Non Deal" investor roadshow.
POET does not need operational cash.
POET has plenty of cash on hand and will pull in an additonal circa $6M due to the warrants that expire in Feb 2016.
The investor roadshow has, in my opinion, one major clear objective :
Attract several "Platinum" investors that will create a sufficient demand for POET shares that will push the SP ITRO NASDAQ qualification.
This is not rocket science everyone.
POET is NASDAQ compliant not withstanding the SP : clearly stated during the Sept 30th call.
This stock is extremely tightly held.
It will only take a few high net worth individuals / institutions, fund managers, ibanks etc who decide to accept what Suresh, Subhash and Ajit present. Some will realize that POET truly is the next big disruptive technology that has a circa "50" year runway and then load up on POET, and we will all be pleased with the SP impact.
No PP coming ..... new investors .... absolutely.
Now a JV or course is completely different to a PP.
Could a JV be coming our way?
Well that is certainly an attractive possibility.
Now back to my cooking .
Have a great evening and enjoy the effects of the roadshow over the coming days, weeks and months.
ST