I don't think so. Just my opinion but I think the tech is legit. I do think we have been manipulated though. There is a group of large shareholders that can and I think do move this stock based on what they hold. Ask yourself have you ever seen a stock react to positive news like Poet? A run up or little movement to only retrace to new lows.
There is not enough volume to keep this from being steered willfully. I believe we just witnessed it after the ADVA news. Run up then no support as warrants were exercised. I understand the need for them and they have helped keep the company running but it has also been at the expense of our share price and the little guys.
What was the purpose of uplisting? We were clearly not in the position to do so. We have been beaten down in the past year with little institutions coming on board. We should have given the bank underwriters their cut this way they would have promoted to their investors. At least that's the way I understand it.
Everytime this company made progress over the past 4 or 5 years I have added more believing we were close to the finish line and management has made us to believe that. Especially the nasdaq listing. There was never any accountability for that. None whatsoever.
I am in this to deep and I'm now underwater. Having said that I do think Poet will reach its goals and I do think they will either be very successful or bought at some point.
My perspective has changed though. I realized all of the profits I could have gained over the years had I sold on the news and bought back in as it retraced. I will be trading this stock going forward.
You know the saying fool me once shame on you fool me twice shame on me.