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: 2019 Debenture Warrants - concerns re'possible failure to exercise

It is my understanding that the first  lot of  50 cent cad warrants are due and payable latest 3 April only 3 weeks away from today.

Apparently  Poet Senior Management took a large  part of this lot.. however there is , to my knowledge, no report of any insider activity as yet. A report of exercise of warrants  by Poet personnel would be a very positive message to all shareholders. Similarly non exercise would be regarded v.negatively.

In view of the current SVB (Silicon Valley Bank) situation and consequent market turmoil in financial markets, and the fact the PTK stock is trading today at or below 50 cents, perhaps consideration should be given ( as already suggested earlier by Mississipi Mud) to extending the expiry date(s) on all these wts by at least a month or two.

Perhaps some/many people were hoping to sell PTK stock, which they assumed by now would be at quite a premium to the 50 cent wt price,(because of promised exciting news and developments) in order to exercise their warrants, thereby putting needed money into the  corporate kitty.

Otherwise, imho,without a time extension (as used with the earlier $4.25 wts ) there may be a strong possibility that part or many of these wts will not be exercised. The company was looking for  about $5.4 million total from these wts. The concern is they will not get this amount,  which maybe they had already budgeted.

Looking at the market action today one does wonder if there is some sort of attack taking place on the stock, possibly coordinated , to deprive PTK of necessary operating funds, thereby raising the possibility of the need for another financing and resulting dilution.

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