"There are only 3 reasons why POET would do a PP of that magnitude at this time...."

a little behind on my reading here but I will posit a 5th reason - POET went from one extreme (not raising enough cash to fund operations) to the opposite extreme (accepting any suitor that knocks on the door) so we don't end up back in that low cash position any time "soon."

Good luck all, it's still coming.

Jque