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Quantum eMotion Corp V.QNC

Alternate Symbol(s):  QNCCF

Quantum eMotion Corp. is a Canada-based developer of cryptographic solutions. The Company is developing quantum random number generators (QRNG). It has launched its new QRNG2, an USB key that delivers pure entropy at 1.5 Gb/s. Its QRNG2 technology is the quantum random number generator, which is used in consumer electronics. QNG2 provides security to mobile and Internet transactions, Internet of Things (IoT) communication, machine-to- machine connections, networking equipment and cloud-based applications. Its technology is also applicable to others, such as datacenters, blockchain technologies, financial services, cloud-based information technology (IT) security infrastructure, classified government networks and communication systems, secure device keying (Internet of Things (IOT), automotive, consumer electronics) and quantum cryptography industry.


TSXV:QNC - Post by User

Comment by AlwaysLong683on Nov 10, 2023 1:29am
106 Views
Post# 35727664

RE:RE:I Had a lot of hope

RE:RE:I Had a lot of hope
"Remember QNC has been at this low point before. It was 4-5 cents/share in October 2020 when they had nothing except the patents.It rose to 48 cents by March 2022 on basically minor news! Imagine you had owned a few hundred thousand shares prior to October 2020 but sold it all at the low of 4 cents in October 2020 because you got scared thinking the company was finished. You would have missed out on sick gains if you had just held until March-August 2022 when the share price was 36-48 cents...."
 
or
 
Imagine if you bought a boatload of shares at 4 or 5 cents in October 2020 and sold at around 40 cents in 2022 when you had an 8 to 10 bagger on your hands "...on basically minor news..."?
 
The "what if..." game can be played both ways.
 
These guys either need to generate some significant sales of their products (which seem to be taking forever to come to market) or get bought out. The market may be justly punishing them for their slow-to-market performance to date and/or wondering, if these patents and upcoming products are so valuable, why hasn't the company already been sold at a generous premium....?
 
One more question: Why does it appear that QNC's last filing of its financial statements was for the period ending December 31, 2022...?
 
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