I agree. We are at a critical juncture. Management and BOD all need to step up and put their own skin in this either with this Canadian offering or buy on the open market. I was once told by Sr Mgt, insider buying rarely has a positive impact on share price, it's overestimated on its impact. Maybe in normal times but given cash crunch and company's future, it shows they are willing to share the risk.
Majority of management can easily get jobs elsewhere and they have not risked much from their personal finances. They last participated in 2022. It would go a long way if they all stepped up including BOD.
It will send a signal to market they truly believe Poet is on the right track with action not just words. The fact share price crashed with an unpriced offering is behind us so they need to step up and help with company s cash position. The argument their options are underwater won't wash with investors as they did not commit anything upfront.
If they don't commit before year end it will take longer for stock to recover assuming they deliver. All imo