I have suspected, and mentioned in 2 of my "violation" posts, that management has for a few years looked out for number 1.... they are well paid technocrats that seem to be lost in their lab, without a concern for operating their company beyond their own selfish interests. Betamax may have been better than VHS.... and maybe POET actually has something of value, but the market has been yawning at POET's solution.
The $1.4 million will of course.... pay their hefty salaries. One cannot criticize this company enough.... start with them selling soon after the NASDAQ listing. Then, follow their behavior since then. Red flags abound.....