One thing that is very real despite all this great news and validation is the warrant overhang.

In the Nov. 2, 2016 news release, the C$12,500,000 dollar public offering was completed. It left 34,800,000 warrants available to be exercised for 60 months from that date at at 52 cents. That means these warrants expire Nov. 2, 2021.

Then on March 21, 2018 news release, the Bought deal financincing was completed. It raised a gross proceeds of C$13,799,885. It left 1/2 of a total of 25,070,700 units available as warrants. which would equate to 12,535,350 units. These warrants valued at 75 cents/share were available for 24 months from March 21, 2018. Since then, these warrants have been extended to expire on Nov. 17, 2020.

  Just curious, how could we get close to exercising those 75 cent warrants, when over 30,000,000 warrants can still be exercised at 52 cents.

  Wouldn't it make sense that these lower priced warrants would have to be off the table(expired/ and or exercised) before we get traction.

  Maybe someone can explain managements mindset on this.

Don't get me wrong, I love what this company is doing and I have strong confidence POET will be extremely successful.

I just don't understand there sequence of events in getting these 75 cent warrants in the money without addressing the 52 cent warrants.

IMO,

zax