RE:Good MorningFIVE STAR post Eric!! Much appreciated.
EricLeboeuf wrote: and yes I wake up early!!!
I see that Al posted my response to him
Just to add something:
I recall when we put QNC public that the biggest and fastests growing market for the chip is the internet of things.
Research showed that an avrg. of 21 household appliances (fridge,stove,tvs,lights,alarme systems,......) would be connected to the internet by 2025 or so
The size of the chip makes implementation in the circuit boards a dream come true
Therefore the potentiel clients visited last year focussed on the semi-conductor manufactures
Samsung, Cisco, Intel, Nvidia......all in the Presidents reach (He knows and worked with them already)
There's no point for QNC to build and sell the chips
We were more thinking" licensing deals " as a Qualcom would do
No capex and constant royalties (and we are not talking peanuts) :)
The ones licensing it would "tweek" the chip's memory or operating system to their own specs or their clients specs with the help of QNC
With this said, QNC would have HUGE Gross and Net Margins focussing on what they are good and seasoned for: Development with the CTO Ruellet (Canada Quantum Chair Chairman!!!!)and Selling with JCP and Pierre Cardinal (Match made in heaven) go see their linkedIn profiles....
Fundamentals:
Top and connected Management (Operators)
Product, Patent and more coming (Patented Novel disruptor product)
Cash in the bank (Cash)
HUGE Market (Absolute NEED)
Not to many juniors have these 4 elements
Use this while evaluating stock buys (takes unwarranted risks away)
As for my take on the stock price,
Some people had been waiting and waiting to get out (buying the stock, not the COMPANY)
Once the fundamental buyers take over, I'd like to see a slow and steady rise based on the new solid fundamentals, immense "and a propos" crypto security market for the Internet of ALL THINGS.
PS I never know when news is coming out so please dont ask me