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POET Technologies Inc

POET Technologies Inc (PTK)

5.96
1.71
(40.24%)
Closed September 23 4:00PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
5.96
Bid
5.96
Ask
5.99
Volume
882,697
4.60 Day's Range 6.08
1.01 52 Week Range 6.08
Market Cap
Previous Close
4.25
Open
4.75
Last Trade
50
@
5.96
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
120,369
Shares Outstanding
42,488,000
Dividend Yield
-
PE Ratio
-12.45
Earnings Per Share (EPS)
-0.48
Revenue
466k
Net Profit
-20.27M

About POET Technologies Inc

Sector
Engineering Services
Industry
Mining & Extracting Div'e
Headquarters
Toronto, Ontario, Can
Founded
1985
POET Technologies Inc is listed in the Engineering Services sector of the TSX Venture Exchange with ticker PTK. The last closing price for POET Technologies was $4.25. Over the last year, POET Technologies shares have traded in a share price range of $ 1.01 to $ 6.08.

POET Technologies currently has 42,488,000 shares outstanding. The market capitalization of POET Technologies is $180.57 million. POET Technologies has a price to earnings ratio (PE ratio) of -12.45.

PTK Latest News

POET and Mitsubishi Electric Collaborate to Develop 3.2T Optical Engines for AI Networks

TORONTO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™...

InSiGa Technologies and POET to Demonstrate Laser Driver and Optical Engine Combinations for 800G and 1.6T Optical Modules at CIOE

TORONTO and SHENZHEN, CHINA, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Chengdu InSiGa Semiconductor Technologies Co., Ltd. (“InSiGa”) and POET Technologies Inc. (“POET”) (TSX Venture: PTK; NASDAQ:...

POET Selected by Mentech to Supply Engines for 800G and 1.6T Optical Modules

TORONTO and SHENZHEN, China, Sept. 10, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical...

POET to Demonstrate Leading-Edge Optical Engines for AI Market at CIOE 2024

TORONTO and SHENZHEN, China, Sept. 05, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical...

POET Streamlines its Global Engineering Organization in Response to AI Market Demand

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic...

POET Technologies Reports Second Quarter 2024 Financial Results

  POET Technologies Reports Second Quarter 2024 Financial Results   Tier One Design Wins and Strong Balance Sheet Support Penetration into AI Networks   TORONTO...

POET Technologies Reports Second Quarter 2024 Financial Results

TORONTO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic...

POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks

TORONTO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic...

POET Technologies Announces US$10 Million Registered Direct Offering

TORONTO, July 19, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic...

POET Wins “Best Optical AI Solution” in 2024 AI Breakthrough Awards Program

TORONTO, June 26, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
11.739.90610328644.266.084.071103254.24300002CS
41.6137.01149425294.356.083.57825064.1149015CS
122.258.51063829793.766.083.241203694.19730076CS
264.14227.4725274731.826.081.371217033.42054323CS
521.5635.45454545454.46.081.011019542.69593166CS
1564.93478.6407766991.0313.650.73828292.53604797CS
2605.631706.060606060.3313.650.2251905841.25460982CS

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PTK Discussion

View Posts
prototype_101 prototype_101 8 hours ago
Poet PPS getting a lot of mileage out of these YouTube stock pump guys!! This is about the 4th time one of these little videos has been posted and each time there is a good rally ignited!!

for any newbies just be aware that the latest news regarding 3.2 development is using super power hungry EML's, here read this post

85Ghz and PAM6 will not win the 400G per lane market. It'll likely be first to market, like today's 200G per lane announcements largely using InP EML. I bet a module using those lasers/modulators is pushing 40-50 Watts. That's insane. We'll see data in 2026 it sounds like. EOP (and TFLN, too) will be drastically more energy efficient than InP for 400G/lane. EOP certainly lower cost/simpler designs as well.

Cool news for POET though. They need to tell the market who has rights to the revenue for their 800G+ optical engines. So far, their Chinese JV has rights to nearly all the revenue from their previously announced collaborations. Not many people understand that or are willing to acknowledge it. Those sales never show up as revenue for POET and that cash stays in China with the JV.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175111440&txt2find=poet

now just look at the specs Polariton using off the shelf MRR's coated with LWLG materials are achieving world class specs here

Polariton News Release 400gb MRR's Using LWLG Materials!!
September 22, 2024
Zurich, Switzerland

Polariton Technologies announces having achieved experimental IM/DD data rate in excess of 400 GBit/s per lane using commercial off-the-shelf ring resonator modulators in a collaboration with its research partner ETH Zurich and material supplier Lightwave Logic Inc. These are to be used in products such as 1.6T and 3.2T transceivers. This significant milestone sets a paradigm shift for the optical communication industry and paves the way for next-generation connectivity.

“ETH Zurich already demonstrated 400G per lane at OFC this year employing Mach-Zehnder modulators (MZM). This novel achievement is performed using ring resonator modulators (RRM), which are the better fit for the application because of considerably lower losses. The device loss is in the range of best-in-class modulators at 1.2 dB. Polariton is well-positioned for the 1.6T and 3.2T transceiver market with the 400G per lane products” explained Claudia Hoessbacher, CEO of Polariton.

The measurements were performed earlier in 2024 using devices optimized for 1550 nm operation. They demonstrate top performance with extinction ratio of 11.2 dB and a flat electro-optic response up to 110 GHz. “The reason we stopped measuring at 110 GHz is because we did not have calibrated instruments above 110 GHz at that time. In the meantime, we started characterizing the devices at 145 GHz and we developed devices optimized for 1310 nm wavelength operation”, commented Benedikt Bauerle, co-CTO of Polariton.

In an industry that has been forced to go parallel because of technological limitations, Polariton provides immediate relief for the next-generation products. Parallel lines fall short with reliability problems, are costly and consume more power than compact approaches that support higher transmission per lane.

Starting in October 2024, Polariton will offer early access to customers with sample quantities of 1310 and 1550 devices. This week, the company is also highlighting the advancement of its commercial devices at the European Conference for Optical Communication (ECOC) in Frankfurt.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175122208
👍️0
prototype_101 prototype_101 9 hours ago
"Ticker Symbol: You" new clip about Poet
posted on Sep 22, 2024 11:53AM




from agoracom
https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/804742-ticker-symbol-you-new-clip/messages/2421946#message
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Xrouter Xrouter 3 days ago
All Poets management wants is their paycheck,, all the other noise is pure BS. GLA, Strik
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Optotronik Optotronik 4 days ago
Can we please actually sell some product and provide information to the market upon where in the heck these engines are going to be produced. Stop creating the next iteration without actually selling the one you are working on.

Let’s see 400G was supposed to be the holy grail.. nope..

Then 800G well nothing there on volume yet…

Then 200g per lane at 1.6T… nothing there

And now 400G per lane at 3.2T..

Can we not actually sell any of these products??? And where is the manufacturing ocurring?? If it is SPX we are likely to see nothing from it. So get a new place to manufacture and NOW!!
👍️0
prototype_101 prototype_101 4 days ago
POET and Mitsubishi Electric Collaborate to Develop 3.2T Optical Engines for AI Networks
September 19, 2024 07:35 ET
| Source: POET Technologies Inc.

TORONTO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and AI markets, today announced it has entered into a collaboration with Mitsubishi Electric Corporation (“Mitsubishi Electric”) to co-develop integrated optical engine chipsets for 3.2T pluggable transceivers, a highly sought-after product for optical connectivity in the rapidly growing artificial intelligence networking market. POET and Mitsubishi Electric will jointly support product demonstrations with major customers.

“Mitsubishi Electric is committed to ensuring we give our customers the technological advantage to maintain their positions as industry leaders in their own sectors. We believe POET’s optical engines will open the possibility of creating new products where electronics photonics convergence is successfully achieved at an advanced level of integration between InP and Si-based interposer, which take us and our valued customers into the next generation of data networking for AI and hyperscale data centers,” says Yasuhiro Yamauchi, General Manager, Optical Device Department at Mitsubishi Electric. “This promises to be a momentous technological achievement when it is unveiled.”

Mitsubishi Electric will contribute its highly differentiated 400G Electro-absorption Modulator integrated Lasers (EMLs) to the project. Using its optical interposer platform technology, POET will integrate the EMLs along with drivers, optical waveguides, and other key functional building blocks to produce 1.6T and 3.2T optical engine chipsets.

“The AI and datacom networks need a pluggable transceiver solution for 3.2T and POET’s optical interposer is one of the few technologies that can achieve that performance. When our Mitsubishi Electric colleagues understood the full functionality of the optical interposer and its potential to optimize the performance of their leading-edge lasers, they knew that we offered the right solution for their needs,” says Dr. Suresh Venkatesan, POET Chairman and CEO. “It’s further validation that what we have worked so hard to achieve over these past five years is coming true. POET’s products are steadily being adopted by the industry and we expect demand to accelerate as our customers gain further understanding of the power efficiency and cost savings that we offer to them and their customers.”

POET and Mitsubishi Electric aim to complete the 1.6T and 3.2T optical engine chipsets in early 2025 and to then demonstrate the innovation during the first half of that year.

AI and cloud datacenter networks are the leading consumers of pluggable optics. The global optical transceiver market for 800G and 1.6T is projected to grow at a CAGR of 33% from $2.5 billion in 2024 to $10.5 billion by 2029, according to LightCounting’s forecast.

About POET Technologies Inc.
POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications. POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore. More information about POET is available on our website at www.poet-technologies.com.

About Mitsubishi Electric Corporation
With more than 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its “Changes for the Better.” The company recorded a revenue of 5,257.9 billion yen (U.S.$ 34.8 billion*) in the fiscal year ended March 31, 2024. For more information, please visit www.MitsubishiElectric.com.

Mitsubishi Electric’s InP-based semiconductor laser has a long history of development and business over 60 years and has been widely used in various industries.

www.MitsubishiElectric.com/semiconductors/opt/



Media Relations Contact:
Adrian Brijbassi
adrian.brijbassi@poet.tech Company Contact:
Thomas R. Mika, EVP & CFO
tm@poet.tech
👍️ 1
prototype_101 prototype_101 2 weeks ago
POET Selected by Mentech to Supply Engines for 800G and 1.6T Optical Modules
POET Technologies Inc.

Tue, Sep 10, 2024, 7:00 AM EDT


POET Technologies Inc.
Global leader in optical products places initial orders to supply AI system operators and hyperscale data centers

TORONTO and SHENZHEN, China, Sept. 10, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and AI markets, today announced that Mentech Technology (“Mentech”) has selected POET’s transmit and receive optical engines for use in the development of 800G pluggable transceiver and has placed purchase orders for those engines. The sample orders by Mentech are for initial builds and engineering development.

https://finance.yahoo.com/news/poet-selected-mentech-supply-engines-110000883.html
👍️ 2 🗑️ 1 🚮 1
mackwheaton mackwheaton 2 weeks ago
Good info, thanks proto

I think the $250M shelf might be scaring some, historically offering invite share price drops. I suspect this one will be held for an acquisition or a facility build-out, so it should be more SP neutral (famous last words). The current SP is laughable, but becoming more and more an opportunity with each additional client, don’t mind if the market looks away for a little while longer.

Every one of these wins speaks to the tech’s acceptance at a level beyond the Mentech, Foxconns , Luxshares involved; they are the intermediaries. As we get to know who their clients are, we will get to see the level of adoption taking place.

Strik, hope you’re knocking your trades dead. At some point, this will move out of the basement, hope you (we) are here to see it.
😂 1 🤣 1
prototype_101 prototype_101 2 weeks ago
Business of SPX
SPX's principal role with respect to the Corporation is limited to the assembly, testing and production of sales of 100G and 200G optical engines globally and 400G optical engines in China. At the present time, the role of SPX does not include volume production of any optical engine products for the Corporation. Although the Corporation benefits from SPX's assembly and testing capabilities, the primary benefit of the SPX joint venture for the Corporation is the Corporation's ability to benefit from the demonstration of the technical feasibility and market acceptance of its products. The Corporation expects these demonstrations provided by SPX to enhance the Corporation's ability to sell 400G optical engines outside of China as well as 800G and higher speed optical engines in all markets.

Based on the terms of the SPX JV Agreement, all revenue from sales of 100G and 200G optical engines globally, and sales of 400G optical engines in China, is generated and recognized by SPX and not the Corporation. All sales of 400G optical engines outside of China are generated and recognized by the Corporation. In addition, all revenue generated by the assembly, testing and production of 100G and 200G optical engines globally and 400G optical engines in China are generated and recognized by SPX and not the Corporation. At this time, the Corporation has not yet determined if it will grant SPX the right to assemble and produce in volume 800G optical engines in China.

excerpt found on p9

https://www.sedarplus.ca/csa-party/records/document.html?id=ae47f4b321a6da6df6e2541492e27bdb19d43a9b47203ea1a2d9fbf88dca4c64
👍️ 1
Xrouter Xrouter 3 weeks ago
Agree totally with what you said. But I’ve been averaging between $500 too a grand almost every week playing this one. I’ll continue til I feel the decline coming. Poet has been very very good to me. Thank you, Poet.
👍️0
Cytotech55 Cytotech55 3 weeks ago
FJ is trying to rally the troops on Agoracom again. The same longs, (bag holders) get delusional every year at this time before the conferences start. Thinking “this year will be different”, “we are going to take off to the moon because something will be announced at the conference “….. We are going back to the 52 week lows and that is exactly where the powers that be want it. Nice and low for the buyout.
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Xrouter Xrouter 3 weeks ago
Another buying opp??? Or fools gold??? Just grabbed 3k @$2.97
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prototype_101 prototype_101 4 weeks ago
POET Streamlines its Global Engineering Organization in Response to AI Market Demand

Schedules closing of Allentown, PA operation, saving US$2M annually

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced a reorganization of its engineering team to streamline design, component engineering and New Product Introduction (NPI) activities globally, in response to active customer demand for 800G and higher products directed at the AI systems and hyperscale data center markets.

While the major AI network and systems companies are located in North America and China, almost all module makers, including the Company’s current customers for optical engines, are located in China, Taiwan and other Asia Pacific countries. To better serve these and other customers, POET has established a Global Engineering Organization based in Singapore, which will be led by Dr. Mo Jinyu, Senior Vice President, with the New Product Introduction (NPI) and component engineering teams reporting to her. NPI is responsible for taking optical engine and module products from prototype design to initial manufacturing, coordinating with the product design and production teams along the way. All of these functions benefit from tight integration and geographic proximity. Critical product design and architecture, key customer relationships, global marketing & sales, and intellectual property management all continue to remain centered in Silicon Valley California, while the Company’s finance, investor relations and other administrative functions are managed from its headquarters in Toronto, Ontario.

As a result of this reorganization, the functions of engineering design and manufacturing interface, previously managed by POET’s Allentown, PA organization will be transferred to POET’s Shenzhen operation, with other functions being transferred to Singapore. Compared to its annualized spend at the beginning of the year, the annual savings realized from the closing of Allentown on or before March 31, 2025, will be between US$1.8 million and $2 million annually, with one-time costs estimated at approximately US$250 thousand.

“Now that the Company has a strong balance sheet, we can confidently plan for our future, by streamlining the organization with a laser focus on securing design wins, delivering products and taking volume production orders from customers,” said Dr. Suresh Venkatesan, Chairman & Chief Executive Officer of POET. “We fully expect that the partnerships and customers that we have announced over the past few months will mature into module designs that will qualify with end users and convert to optical engine revenue later this year and into 2025, with ultra-high growth in the years to follow.”

About POET Technologies Inc.
POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore. More information about POET is available on our website at www.poet-technologies.com.

Media Relations Contact:
Adrian Brijbassi
Adrian.brijbassi@poet.tech Company Contact:
Thomas R. Mika, EVP & CFO
tm@poet.tech
👍️ 1
Cytotech55 Cytotech55 4 weeks ago
Good luck!
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Xrouter Xrouter 4 weeks ago
I pick up a bunch under $3 for a quick trade while I wait for WNFT to hopefully go ballistic
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Cytotech55 Cytotech55 4 weeks ago
Hahaha…. Gee, another one??? Who woulda thought? Glad management got to reprice those options!!
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Xrouter Xrouter 4 weeks ago
Buying OPP!!!!!! EOM
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gladeshawk gladeshawk 1 month ago
Pullback to under $3.00 in progress??
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Xrouter Xrouter 1 month ago
Good luck
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XenaLives XenaLives 1 month ago
Both companies are exploited by Ai -

The only way one can exploit them properly is to be connected to AI...
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Xrouter Xrouter 1 month ago
Doubt it. I’ve bought and sold POET successfully over the past few decades from .73 to $15 per share. I’ll buy my “”traders”back in the twos if it falls back or if the boat comes in I’ll cash my core. Same with LWLG. Only difference is I don’t hold a core there. Both companies (IMO) are run poorly so good luck and much fortunes with them.
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XenaLives XenaLives 1 month ago
Maybe you missed the boat....
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Xrouter Xrouter 1 month ago
Trying to figure a good entry point. Maybe under 3??
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glenn1919 glenn1919 1 month ago
POET..............................https://stockcharts.com/h-sc/ui?s=POET&p=W&b=5&g=0&id=p86431144783
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20stockman20 20stockman20 1 month ago
Good move my friend. I put mine up for sale with a .02 trailing stop.
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Xrouter Xrouter 1 month ago
Sold traders @ $3.4. See you later Good Luck buddy
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macnai macnai 1 month ago
Nauman Khan on Barchart likes Poet.
https://www.barchart.com/story/news/28081076/1-semiconductor-stock-under-5-thats-outperforming-nvidia
👍️ 2
20stockman20 20stockman20 1 month ago
Not to sound flippend , but so what if the market crashes? That is not the end of the world.
Remember the boy scout motto “ be prepared"
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QuatroPaul QuatroPaul 1 month ago
What about the Apple connection? 10's of million units etc....too much going on....if it goes back to $2, the market has crashed
👍️ 1
20stockman20 20stockman20 1 month ago
I agree.
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Xrouter Xrouter 1 month ago
Great earnings. More costs. More $$ in management pockets. Kitty goin down. They’ll probably need more $$ sooner than later. I’ll be a buyer under $2
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Xrouter Xrouter 2 months ago
Oh boy. Another buying opportunity!!!! Too bad I’m Poet broke.
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mackwheaton mackwheaton 2 months ago
Agreed proto, although the Luxshare news might imply a different arrangement. I suspect we will hear more on that soon. I don’t think Foxconn and Luxshare would have signed on without a secondary source for the optical engines they likely require on a large scale, and POET cannot have source be China based.

Initially SPX was to be for legacy 100/200G worldwide and 400G for Asia (?) only. This rapid acceleration to 800G/1.6T is a game changer, and may have POET re-thinking how much they want to be splitting revenues going forward.

A thought only, but POET has that $250 million shelf opened I believe in June. Might POET opt to create their own version of SPX or partner with a non China company to do so?

Given that the technology is worth far more than a 50-50 or less split with a contract manufacturer, I’d hope to see future deals that reflect its importance and value at a higher share of the pie.
👍️ 2
prototype_101 prototype_101 2 months ago
I believe that is because much of these expected sales will be booked as part of the SPX JV and not be shown on Poet financials as Revenues
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Xrouter Xrouter 2 months ago
One kazillion bazillion dollars next few months
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kytrader77 kytrader77 2 months ago
Anybody have an idea of revenue estimates for 2025 & 2026? I only see 2 analysts with an avg of 13 million in sales for 2025. Seems low but I’m fairly new here.
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kytrader77 kytrader77 2 months ago
Anybody have an idea of revenue estimates for 2025 & 2026? I only see 2 analysts with an avg of 13 million in sales for 2025. Seems low but I’m fairly new here.
👍️0
mackwheaton mackwheaton 2 months ago
Good timing strik.

👀 ... Details in just 12 hours.#POETpowersAI pic.twitter.com/babr1nEQcd— POET Technologies (@POETtech) August 1, 2024
👍️ 2
20stockman20 20stockman20 2 months ago
Good move.
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Xrouter Xrouter 2 months ago
Just got my $2.7 filled
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20stockman20 20stockman20 2 months ago
THX MY FRIEND. Check out BEEM
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MartinLutherKing MartinLutherKing 2 months ago
Nice POET spike brother, Look out RNAZ Explosion
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20stockman20 20stockman20 2 months ago
Ant thoughts on the after hours spike up then a drop off?
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Texbanker Texbanker 2 months ago
I don't think that internet backwater has much sway. Agoracom is the standard bearer for POET and they are bearish af right now.
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Texbanker Texbanker 2 months ago
The latest Mazan post is interesting. Seems like he is beginning to lose patience with these clowns too.
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prototype_101 prototype_101 2 months ago
2024 Optica Photonic-Enabled Cloud Computing (PECC) Industry Summit

I thought I would list companies represented at the conference by market cap.

Market Cap

Nvidia 2.8 T

Broadcom 703.3 B

IBM 176.3 B

Intel 134 B

Arista 98.4 B

Synopsys 84.7 B

Marvel 55.4 B

Corning 37.6 B

GlobalFoundry 28.1B

HPE 25.2 B

Ansys 27.1 B

Jabil 12.5 B

Coherent 10.7 B

Lumentum 3.4 B

Infinera 1.4 B

Lightwave Logic 447.9 M

Poet Technologies 176.4 M

Poor little Poet at the bottom of the list but Oh......What company to keep.

How far will Poet rise up that list and when??

https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/803343-suresh-linkedin-post-re-2024-optica-photonic-enabled-cloud-computing-pecc-industry-summit/messages/2417950#message
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Xrouter Xrouter 2 months ago
1 millionth Buying Opp!! EOM
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Xrouter Xrouter 2 months ago
Buying opportunities!!!!!!!!!? Yeah. Right
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Xrouter Xrouter 2 months ago
I guess Proto that PoET’s ATM must of broke down. You’d think that a normal company would have bought through the ATM and saved the “shareholders” less future headaches and dilution. Again the management shows how poorly this company is run and how a stock heading up can quickly be killed by poor decision making. GLA, Strik
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prototype_101 prototype_101 2 months ago
Registered Direct Offering

On July 19, 2024, POET Technologies Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with MMCAP International Inc. SPC (the “Purchaser”), pursuant to which the Company agreed to sell and issue to the Purchaser, in a registered direct offering (the “Offering”), consisting of an aggregate of (i) 3,333,334 common shares, without par value (the “Common Shares”), and (ii) a warrant or warrants (the “Warrants”) exercisable for an aggregate of up to 3,333,334 Common Shares. The Common Shares and the accompanying Warrant in respect of one Common Share, can only be purchased together in this Offering but will be issued separately and will be immediately separable upon issuance. The price for each Common Share and accompanying Warrant in respect of one Common Share was $3.00. No placement agent is involved in this Offering.

The net proceeds to the Company from the Offering are expected to be approximately $9,800,002, after deducting offering expenses payable by the Company. The Offering is expected to close on or about July 19, 2024, subject to customary closing conditions.

https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/803244-mmcap/messages/2417690#message

considering they get 1 share and 1 warrant for $3.00 total which is below market just for 1 share at close was $3.18, but I give Poet credit for padding the Cash for Operations, something they have been miserable at in the past!!
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20stockman20 20stockman20 2 months ago
ought back in
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