Looking back we can see that insider buying by Don Liswin and TM in the week beginning Feb 12 contributed to the rise in the share price through Feb and into March.
That being said the share price was already in an upward trend off of the 52 week lows after the announcement of the optical interposer.
I did not think Tom sounded nervous. He sounded pretty much the way he always does.
I do think that he is being honest that there are some non-dilutive options.
[32:14] we've disclosed in a, in a reasonably filed registration statement, the basic outline of our revenue expenses over the next 12 months and it is apparent that the company will need capital from some source. Additionally, it's critical, to strengthen our balance sheet in order to be viewed as a reliable partner and supplier to these large leading customers that we are working with. I do want to say that we have a number of funding options that could potentially minimize dilution to shareholders, including, as I have said in the past, those warrants that are outstanding, which represented very significant capital influx to the company should they be converted. We would look to those as our, first non-dilutive, kind of capital source, but we're looking at others and, uh, obviously as shareholders ourselves, we're interested in minimizing dilution to our other shareholders.
I really do believe that once they are allowed to provide further info on who they are working with it will be jaw dropping for the market. An aha moment.
One other comment:
The two news releases referencing the CC indicated that there would be presentation material. Was that an oversight? Did they run out of time to do a new presentation? Or were there some details on a new presentation which could not be shared yet?
A live audio webcast and archived replay of the business and technical update conference call, as well as associated presentation materials, will be made available in advance of the conference call in the investor relations section of Poet's website.