Re: Consider this
posted on
Nov 01, 2016 04:33PM
FJ,
Most perceptive of you. I do believe somebody else on the board had this notion also. I am not into connecting dots, however, I thought this citation at 00:09:05 might be announcing a solution to the epitaxy delays when I heard it. Beyond that I might be stretching the current reality.
See below. TMI
Slide 4 (Telephone conference)
00:08:27 – Let me give you a brief summary of what our proposed offering is. We intend to offer newly issued shares of POET’s common stock along with warrants to purchase common stock. We expect to price the offering in late October or early November. We plan to use the proceeds from the offering for general corporate purposes, which may include increasing working capital, further product and business development, as well as potential future business or intellectual property acquisitions in support of our strategic goal.
00:09:05 – One of the areas we will be looking at closely is to get more control of our own destiny from a standpoint of epitaxial wafer supply.