POET had hired a ton of new employees, they reigned in control on directors fees, and management took a large pay cut. Therefore, they have incented all staff with a moderate amount of options. Management will try to get back their cut salaries plus reward themselves tremendous upside on a successful launch and sales in the InP platform as their goal. I am ok with this. I am a little preturbed though about a poster who boasts about buying a bunch of shares a few times recently and also implies to organize posters here for IIROC and Ont. Securities complaints yet that poster buy shares. What kind of nonsense is that? Our management knows they are under the gun and willing to work far cheaper than they normally would be paid elsewhere and has a moderate amount of options to reward themselves upon successful execution. With their recent transparency, they really do seem to show that they understand our frustrations while at the same time they know how to turn around this company and make meaningful inroads on their latest version of their roadmap that has been evolving with the market while they work on what they market would ultimately like but that is not ready yet (GAA platform).
Monolithic