Yes, it is so unfortunate that we went through such a bad PO.

I can't help myself but post here an example of how this could have been much better done:

PyroGenesis, a company with a lot of similarities as Poet, disruptive techinologies (one step ahead to becoming profitable though, apparently), has just closed a private placement for units priced at current market level, consisting at one share, and one warrant at about 80% higher (!), expiring in 1 and a half year. 

We could have been well above $1 now if our PO was better handled.

Now, here is hoping that we won't go thorough any dilutive financing anymore, and that we will all soon enjoy a profit in our accounts (even those that are still in red, like me)