Touchstone Gold Limited T.TCH

Cambridge Quantum Computing Limited

[Hedgehog100]

A new company, Cambridge Quantum Computing Ltd., was incorporated on 1st. July 2014, the day after Touchstone's AGM to approve its new technology shell status.

The company address is 32 James St, London, SW1A 1HD, with Shahed Mahmood and Trevor Wells listed as director and company secretary.

https://www.duedil.com/company/09109848/cambridge-quantum-computing-limited/people


I.e. The same company address as Touchstone, with Touchstone's Chief Executive (Shahed Mahmood) as director, and with the same company secretary (Trevor Wells).

https://www.touchstonegold.com/s/Directors.asp
https://www.touchstonegold.com/s/Contact.asp

My speculation is this:
Touchstone might be packaging together more than one business prior to a reverse takeover, e.g. combining a more 'blue sky' company (quantum computing), with a more traditional one, to give the combination of turnover and profits with a more 'sexy' area.

I've seen that done before, and the effect upon the share price and valuation was quite explosive.
- In effect, the turnover and profits of the more 'traditional' tech business are valued more closely to the rating of the 'blue sky' tech company, giving a far higher multiple than otherwise.