BCoolBen

Practicing attorney interested in investing, trading, options, entreprenuerism and the arts. Experience in beer brewing, woodworking, numismatics, and music.

[BCoolBen @BCoolBen]

@fundmyfund @grok @michaelsikand 1:18 mark:

“Nothing is more important to me than your trust. So let me say, right up front, this video is sponsored by POET technologies, but they have no control over what I say, and all opinions expressed in this video are my own.”

There’s more.

https://t.co/p9uKZUEQmj

[BCoolBen @BCoolBen]

@fundmyfund @michaelsikand He (Alex Divinsky of Ticker Symbol You) absolutely disclosed in the video that he was compensated to make the video. He further disclosed the limited editing request that was made of him by $POET.

Are you just uninformed or are you intentionally lying?

[BCoolBen @BCoolBen]

@justKAWSthatt @yianisz Not to nitpick, but the dichotomy is between active alignment and passive alignment. POET’s technology involves passive alignment. But even the active alignment is performed by robots, not manually.

[BCoolBen @BCoolBen]

@Ren_aramb You know what, I stand corrected and I apologize.

[BCoolBen @BCoolBen]

I’m not wrong. How many hours did you have to make up that screenshot?

You also just happened to screenshot the price yesterday after hours right at the alleged top? And the screenshot you serendipitously decided to take was from Google Finance rather than your brokerage platform? Sure bud.

Problem is that we can all get an actual after hours chart from Google finance. See the attached after hours screenshot. Notice that it peaks below $25.

[BCoolBen @BCoolBen]

I get that you are giving a present value to the $26 strike warrants and then deducting that present value from the $21 the institutional investor paid.

Obviously that is a valid perspective to have. However I respectfully disagree that it’s the only perspective. Those warrants mean nothing to existing investors unless the share price keeps appreciating, significantly, which means we’re all winning. In other words, you’re taking a zero sum game perspective, that the institutional investor’s gain is my loss. I don’t share that perspective when both the $21 and the $26 are above where the stock was trading and above every shareholder’s entry point.

[BCoolBen @BCoolBen]

@Ren_aramb No it wasn’t. Unless you somehow got the top tick nobody saw. And I watch this stock like a hawk. It got up over $23 after hours for a flash, cooled down, gained a bit back and was at $22.89 when aftermarket closed.

[BCoolBen @BCoolBen]

@Ren_aramb You sold at $25 yesterday, even though the stock’s 52 week high is $20.81.

[BCoolBen @BCoolBen]

I complained vociferously at the time about the prior $POET dilutions in 2025. I’ve got no problem with this one.

The others were below the then-market price, and were announced right after stock price run ups. And they had the feel like they were facilitating their partners engaging in funny business (e.g., it felt like their investment partners could have shorted at the top and then used the dilution below market to cover their shorts). And those dilutions also had warrants that were basically at about the same price as the below market dilution.

This dilution is basically at the market price, which is at all-time highs, and the warrants are meaningfully above all-time highs.

And they fired (sorry, “retired”) Mika in the same announcement, which is HUGE! I wouldn’t be surprised if his exit was something the investor required as part of the deal.

I find this to be tremendously bullish news.

[BCoolBen @BCoolBen]

@HyungsokAhn @PhotonCap This is EXACTLY what I want to know as well. If you find any info on whether Lazovksy was on board with cutting out POET, or if instead Lazovsky was overruled, PLEASE message me.

[BCoolBen @BCoolBen]

@brandy117 @Polvah Incentive to succeed is not the same as confirmation that they believe the company will succeed. That’s the point @Polvah is making.

[BCoolBen @BCoolBen]

@Sofigoodboy The news is that the enormous options expiration open interest from 4/17/2026 is now expired.

[BCoolBen @BCoolBen]

@WolfOfWeedST @CoffeeStocksGuy Instead of management deserving credit, shareholders deserve an explanation from management who is responsible for the mess, why they proceeded as they did, and whose heads are going to roll or why not.

[BCoolBen @BCoolBen]

“Yes, POET is a PFIC for fiscal year 2025. The company confirmed this in its April 2026 QEF announcement, and management deserves credit for getting ahead of the April 15 filing deadline and making the necessary election materials available to shareholders.”

Management deserves credit for getting ahead of it? You think that’s a balanced take? Admitting the short seller was right and their own prior filings were wrong is “getting ahead of” it?

And they didn’t make “ the necessary election materials available to shareholders,” they simply promised to do so at a later date, a date after the tax deadline that you say they got ahead of.

Why can’t people just acknowledge this is a real red flag or screw up?

Explain to me how the PFIC messaging reversal the day before the tax deadline (only after being called out) doesn’t involve some combination of either:

A) incompetence

or

B) dishonesty / deceptiveness.

Chart me the explanation that doesn’t require at least one of those two. If you can’t, tell me why neither of those explanations matter for a company in the execution risk / prove it stage?

“Management deserves credit” is laughable.

[BCoolBen @BCoolBen]

I appreciate your efforts, sincerely.

But I think it would land better if you were more objective and, resultantly, critical of the PFIC issue, rather than setting out to excuse and minimize it. Maybe it’s manageable, but it’s not trivial.

Moreover, you seem to be praising the capital raises, i.e., dilution, that directly caused the PFIC mess. The PFIC tax headache does not exist in a vacuum, rather it is salt in the wounds of the repeated surprise dilutions.

I’ve been an extreme bull on the stock for years. But you have to give the Devil his due. Don’t frame the PFIC that Wolfpack forced POET to admit the day before taxes are due like it is no big deal.

[BCoolBen @BCoolBen]

@MemoryDocent I'm guessing you aren't someone who just learned for the first time that you are going to have to file an amendment to your 2025 taxes and/or special forms with your 2026 taxes.

[BCoolBen @BCoolBen]

"to ensure investors can easily manage their tax positions"

Nah bro. Ain't nothing easy about learning from a short seller that you are going to have to file amended tax returns and having the company confirm it the day after you filed you taxes. If I wasn't in options in an IRA account, I'd be through the roof. "Easily" is not the word to use for the part-time job they just foisted upon a lot of shareholders.

[BCoolBen @BCoolBen]

@criptootpyrc @WolfpackReports It's looking like they will be filing an amended tax return at best. I'd be furious if I owned the shares in a taxable account.

[BCoolBen @BCoolBen]

I don’t see how $POET won’t be red once people realize the company essentially admitted the @WolfpackReports short seller was right about the Passive Foreign Investment Company designation.

You can’t release this the day before tax returns are due in the United States and not expect to get lambasted.

https://t.co/bUHb5uxD2a

Think about it, if you are already at a loss, why not sell now so you don’t owe the tax penalty. Buy back after they domicile in the United States, or sooner if you are comfortable doing the QEF designation thing on next year’s taxes with an actually adequate amount of time to plan.

[BCoolBen @BCoolBen]

Long with exposure all through options in IRA accounts. So I’m not personally dealing with this tax nightmare. But a nightmare is exactly what it is, especially for retail, and Wolfpack was correct to call it that.

POET admitted they are likely a PFIC. Fact.

Now would be a very good time for a volume purchase order. They would be smart to quote somebody a low-low discount price, if necessary, to do it.

[BCoolBen @BCoolBen]

Say what you want about Wolfpack’s motives, POET admitted, for the first time, the core allegation in the short report thesis. Check for yourself. April 14, the day before tax deadline. That’s totally impractical for shareholders in taxable accounts to intelligently navigate timely with their tax returns by April 15, especially when countless people don’t file their taxes on the last day.

Are you excited to have to pay hugely inflated tax on those shares or else file amended taxes? Or would you rather just sell now at a loss rather than holding and paying the inflated tax?

I’m in the weird position of remaining long, but I bought a kajillion Puts today to play the reaction when people realize they just made an outrageous error.