Agoracom: Small Cap Investment - POET Technologies Inc.

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Jul 17, 2020 03:11PM

Jul 17, 2020 03:50PM

Quan Gork

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Re: Final payment

in response to

Re: Final payment

Babaoriley

posted on Jul 17, 2020 04:15PM

Re: "So how much of the final payment was in cash? I'm hoping at least half. "

Given that the documented reason for the delay was "The Buyer cited the wide-ranging impacts that COVID-19 has had on businesses globally and the lengthy administrative process associated with transfers of funds outside of China.", I'd say half is fair in that the delay was likely only one half of the time to get the funds outside of China.

Or, as we suspected, maybe there was a different reason.

Good luck!!

7 Recommendations

Jul 17, 2020 07:34PM

Jul 17, 2020 08:13PM