jimbo444:  "I had mentioned on a previous post about the use of the newly raised funds and how a substantial portion of those funds will be used to uplist to Nasdaq (and possibly TSX to be interlisted).

Have a look at PWC's info on listing.  The type of expenses that will need to be incurred is daunting and very expensive and information intense."

Just asking. Would Standard 1 and #4, Assets/Equity requirements for NYSE entry be possible as an alternative?  

Ok, a pretty naive question is the thought of most of you who have read this far into my post.  The answer will be self evident to those already versed in the parameters of entry for both of these esteemed Exchanges, but for me it was in the realm of the "unknown".  So, I did a little brief research into the subject, just out of curiosity.  What I found is that there are some very good reasons why POET would and should consider the NASDAQ in preference to the NYSE. 

For those very few other POET Hub readers that might not immediately have the answer to this question I offer the rest of this post as material to digest should they too have had the same question as I did.

Listing Requirements of the New York Stock Exchange - Venture Law Corporation

Of course, there is, as jimbo444 has pointed out, that little matter of "Fees" and there is a difference between the fees involved for NASDAQ vs NYSE.  Those fees are higher for NYSE.  For a comparison between the two:

"Listing requirements can also impact this decision, which for the Nasdaq are more favorable to new companies. The Nasdaq Stock Market has three tiers: the Nasdaq Global Select Market, Nasdaq Global Market and Nasdaq Capital Market.5

Of these, the Nasdaq Capital Market has the lowest entry requirements. The initial fee to list is $55,000 to $80,000, depending on how many shares the company intends to issue. After that, companies must pay $43,000 to $77,000 annually. Fees for the Nasdaq Global Select Market and Nasdaq Global Market are set higher. Entry fees run between $175,000 and $320,000, after which companies must pay $46,000 to $159,000 annually.5

To list on the NYSE, companies should be prepared to pay $150,000 minimum and $295,000 maximum. The NYSE charges a $25,000 application fee, a $50,000 one-time fee and $0.004 per share to list. The most a company will pay is $295,000. Annual fees are calculated on a per share basis. Companies must pay $0.00113 per share or $71,000 annually, whichever is greater.6

Given the lower entry requirements, it's understandable why growth-companies with less initial capital might prefer the Nasdaq."

See the link:  The NYSE and NASDAQ: How They Work (investopedia.com)