mackwheaton
2 weeks ago
Thanks for bringing real numbers, and by themselves, those numbers would be concerning, especially if the losses were attached to what we would regard as ongoing revenues. But, in spite of their rush to describe themselves as a commercialized entity, they remain in late stages of development. Only nominal revenues have been booked to date.
This is not development in terms of proving the technology, that long, high risk phase is mostly behind them. The development being undertaken now is customization of the optical interposer tech into specific working products for committed customers. My definition of commercialization is simple, when the lemonade is made and it is being sold, you are engaged in commerce. Theirs may be different.
However, like the lemonade stand, they must invest in product and demonstrate an ability to deliver it in quality and quantity. So it’s no surprise their expenses will ramp prior to a revenue ramp. That is the stage we are in now.
You can grind the beans as much as you like, and if they fail to book revenues before cash runs out, you may be a soothsayer. But the deals in hand with Foxconn, Luxtera and CAI suggest that we are not looking at a pie in the sky scenario; real revenues and further customer engagements will come, to what extent will determine its success.
If they remain without substantial revenues a year from now, come back and pull the fire alarm, as cash may begin to reach unacceptable levels. Recent actions show them shedding retail investment as a source of sustenance in favor of the emergence of some level of institutional investment. Since companies need to be more open with these folks regarding what is happening, if such interest increases, it may bode well for us small fry.
In the meantime, save the panic for later next year, unless you are just trying to create a cheaper entry point.
Slim6
2 weeks ago
For the quarter Jan-Mar 2023, POET had net loss of $5.27 million.
For the quarter, Jan-Mar 2024, POET had net loss of $5.72 million. Those are both huge losses compared to the company's total revenue.
That is an increase of $450K. These losses are accumulating. POET just increased the number of shares by 3.5 million during the month of May. That is diluting shareholders further. Catch up with the income statement and balance sheet or you will be out a lot of money. You can find the filing at the SEC since May 15th, 2024. Or then again, don't catch up and you will probably lose even more. Enjoy!
mackwheaton
2 weeks ago
I’ve known and liked folks on each side of this “he said” “he said” dialogue for a long time. I don’t like moderating, step back and remember this:
Opinions pro and con are to be permitted, provided that
a) they are done respectfully
b) they are not repetitive
c) they are not personal
Bring insight, foresight when you can. Hindsight only when it applies. We are all buyers and sellers at some point, we are all here to make money, timing is always the variable.
And, as of tomorrow,
https://getyarn.io/yarn-clip/aa3e6ea9-5d5a-4e2d-92ac-d3c4d1228405
Please don’t make me remove posts.
Thanks to all.
Telling you there’s a chance
2 weeks ago
You’ve just proved your worth to this board, which is nothing, if you want to give trading tips which only started now because I called you out, go ahead, but as an investor, guys like you do me no good and you haven’t contributed one thing about the company’s outlook, potential or pitfalls other than management sucks….tell me something I haven’t heard a million times.
Try tho the holo , GME , ffie boards , you’ll find your like minded people there.