Re: POET Technologies Announces Intention to Amend Warrant Terms
posted on
Mar 22, 2024 06:21PM
With regard to warrants on the last private placement with a 5 year window at $1.52 CAN., coupled with the fact that so many have been here for more than a decade.... it seemed to me that people who have held for so long, that within that group I believe most are willing to ride this out be it h*ll (sorry profanity bots) or high water. That being the case, these 5 year warrants at such a low exercise price were a low risk way to see this thing thru to a conclusive answer one way or the other. When the deadline was extended, it was announced that insiders had taken part in this same private placement. Only then did it become fully subscribed. Maybe it was the shell shock of the cliff drop of the share price, that caused investors to avoid taking part, being tapped out constantly buying more at a lower price, or just not willing to let go of a dream but at the same time afraid to compound the underlying hurt. Even those forced to dump shares due to margin calls when the stock fell below yhe $3.00 threshold, I believe had an opportunity to get back in as I understand that 30 days did pass before the pp was to close and if so they at least got some capital losses. It's easy to loose faith here sometimes and to develop bipolar sentiment towards this investment...been there done that. It's harder for some of us that don't have a complete grasp of the technology and depend on the words of others. Thankyou to those people. This has certainly been a ride.