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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Message: Valuations

Correct Baba.

After formal business, Suresh simply reiterated a few points (others please add/correct if I missed or misheard something):

  • Final consolidation ratio is at the Board's discretion
  • Today's approval does not mean a consolidation is mandatory, just possible.
  • Consolidation will only be done when the time is right, both internally and externally (i.e. my read: not imminent)
  • Cash in bank a positive for the company (my read: flexibility...?)
  • Even after Nasdaq listing, will maintain a listing on TSX-V with possibility of moving to TSX at some time.

 

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