Re: Next set of options grants
in response to
by
posted on
Sep 28, 2022 12:07PM
So you don't think that technology development in a pre pre-revenue company has anything to do with what the market value of a stock is? Apparently not. Do you think announcements of partnerships with a Tier 1 or an attempt to quantify the size of the companies they are preparing solutions for would do it?
The closest example we have to the power of marketing within POET’s peer group is Rockley Photonics.
July 14, 2021: Rockley Photonics, an Apple supplier, has today unveiled an advanced digital sensor system that is likely to come to the Apple Watch to enable a wide range of new health tracking features.
Aug 12, 2021: began trading on the NYSE with a share price that peaked at $18 (roughly $2 billion market cap) with $145 million in cash and a burn rate of ~$30million per quarter.
Today Rockley is trading at $.9 (1/20th of where it peaked just over 1 year ago). It would appear they are pushing a dead horse.
POET is currently burning cash at $1.25 million per month. A very small fraction to Rockley the difference being that POET has reached a point where advanced products are being prepared for production. And ask youself how. POET has spent a small fraction of the money being spent by Rockley because POET has a solution that easy to work with.
So then address why Rockley who is also pre-revenue was able to drop the Apple name propelling the stock to the levels described.
POET needs to do the same without violating any NDA’s. There are clever ways to do this without violating any NDA’s.
One key announcement is all it would take.