On the shelf for nowLike most smallcap stocks, Qnc will go nowhere for a while.
The global markets including Canada are Corona-drunk and are staggering around trying to find footing.
There is no money available right now for companies like Qnc.
This is a function of the market.
My guess is funding efforts will be postponed until such time as there is some level of market equilibrium.
Best case scenario—May.
Meanwhile JC continues to draw $20k a month in salary.
At least he’s not travelling around blowing even more money.
I hope he takes the time to hone his pitch to the investor community.
Telling investors there’s no need or demand currently for the technology is a non starter.
I suggest he modify his pitch and say they are creating next gen tech to secure the IOT against negative influences and given the high profile of the cyber security segment, Qnc is accelerating their efforts at creating a scalable and economic solution for Oems.