Re: things I've jotted down
in response to
by
posted on
Oct 07, 2021 03:31PM
Great summary Sparta!
"1. next year more proliferation
2. Plan to get into computers, healthcare, and autos
3. new production and introduction and commercialization in 2022
4. 2021 a director of marketing will be appointed.
5. we have six demos out now and and increased customer committment.
6. They have had significant challenges due to the pandemic. some shutdowns and shortages semiconductors. What previously took 2 days now takes two weeks. At one time they were quaranteened in China for 3wks.
7. Poet is now well known in China. They are building their products in China to provide for Chinese customers.
8. In Q1 they will hire a Production Line Manager.
9. The NASQAC application has been made. The company has gone fron 25 emplyees to 50 employees in one year.
10. Exiting shares are now 443,000,000 . Warrants which will expire on Nov 2nd. are held mainly by Pet long term investors and the exercising of these warrants should not hurt poet's price.
11. The company has met 2of the three requirements for listing on the NASDAQ.
12. More customers info will be released in in the next two months.
13. The companyn has met with 50 Funds who are interested in Poet. because Poet is a new technology these funds are waiting for acceptability before jumping in.
14.the idea of revealing customer names is difficult because of NDA's , competitivness of customers. Some don't want reveal their source to protect their teritories.
15. Three more customers should be announced in Q4.
16 LR4 space has 100 - 200 customerscompetition in this vertical is low. Good possibility to dominate this segment.
17. Poet can supply multi channel solutions and thus Poet's value will increase.
18. Going to the NASDAQ will be the equivalent of an IPO. When the company moves to the NASDAQ they will have analysts in place to do it right and possibly in Q$.
19. The company that has placed an order: This is an initial order more should come.
20. The company's focus will switch from technology to the finacial side of the business .
21. LR4 is a blue orphan . I think Suresh implied competion is limited in this field."