Posted On: 02/05/2015 9:58:32 PM
Post# of 1143
POET TECHNOLOGIES (OTCMKTS
OETF) announced key operational, financial position, “Lab-to-Fab” transition, and milestone updates. “POET enters 2015 in excellent financial shape,” noted Mr. Peter Copetti, Co-Chairman and interim CEO. “Although we spent on outsourcing and capital equipment through 2014, we start the new year with a cash balance of approximately $12.5 million, a 350% increase from a year earlier. This is our strongest cash position as a company and will allow us to take advantage of opportunities in the following year to maximize shareholder value.”
http://www.techsonian.com/explosive-penny-sto.../12398327/
OETF) announced key operational, financial position, “Lab-to-Fab” transition, and milestone updates. “POET enters 2015 in excellent financial shape,” noted Mr. Peter Copetti, Co-Chairman and interim CEO. “Although we spent on outsourcing and capital equipment through 2014, we start the new year with a cash balance of approximately $12.5 million, a 350% increase from a year earlier. This is our strongest cash position as a company and will allow us to take advantage of opportunities in the following year to maximize shareholder value.” http://www.techsonian.com/explosive-penny-sto.../12398327/
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