Agoracom: Small Cap Investment - POET Technologies Inc. - Worth watching

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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Worth watching - LARGO goes Reverse Split

posted on Mar 06, 2021 08:47AM

Sorry - sort of "off topic" but related in a way that will become obvious. Largo is also a Toronto stock (LGO; LGORF on the US OTC market). They are one of the few Vanadium producers (think Vanadium steel). Share prices have been in a painfully long up and down pattern for years in spite of big shareholder Leon Cooperman's support!

On March 1st, at a "Special Meeting" shareholders approved a 1 for 10 reverse split; NO warrants. The Largo Board wastes no time - the RS will be implemented on MONDAY and the application to the NASDAQ commences immediately!!

It will be fun to see wherther this move work for Largo, and may give us some clue as to how the process might work for POET.

Here's the link to the Largo announcement: https://www.bloomberg.com/press-releases/2021-03-04/largo-resources-announces-share-consolidation-and-application-to-list-on-the-nasdaq