Re: Our company
in response to
by
posted on
Jan 11, 2018 10:14AM
FJ: This company is suffering today as a result of the very bullish way in which prior management (under PC’s leadership) promoted the GaAs platform based on a platform that was still in the lab.
Point was that our current extremely experienced semiconductor industry veterans are just as much to blame for the current suffering as PC. Possibly more so because they kept the bullish statements and expectations going and had much more technical credibility for people to put faith in those statements than PC. Weeks not Quarters from Ajit Manocha should be expected to mean just that considering the depth and breadth of the mans experience.
And only Ajit and Suresh agreed to the terms of the financing from which POET has still not recovered and which has left a significant cap of 0.52 warrants as a headwind to any recovery.
Just my opinion. I don't think it helps to act as if the current management team are still the Rock Stars they were initially presented to us as. At $0.21 CAD the Results we were told to expect speak for themselves imo.