November 1, 2023

POET commenced an underwritten public offering and a concurrent non-brokered offering in Canada, for general working capital purposes, including revenue expansion and the development and production of photonic modules for AI and related markets.

November 6, 2023

If a production order is released for production, materials are issued to the manufacturing/"shop" floor.  If POET is in need of working capital, then why would they create a burden cost for labor and inventory charges?  Is all of this borne by the manufacturing concern in China?  Is there manufacturing for POET that is taking place anywhere else?  If so, the manufacturer will not carry the manufacturing burden cost without money from POET.  If POET was about to crash and burn, does anyone believe that POET would be expediting that event by releasing 15 "additional" optical engines and light sources?  Imprudent and reckless I would think.