Quantum eMotion Corp V.QNC

Munger this week incredible news is just out !!!

[luckyluc]

The news is that QNC filled their financial reports and there is $25,101 left in the bank account as of june 30....no matter what CEO resign !!!! less and less money left....

[luckyluc]

This cie can`t even raise more money as they deficit is exceeding the share capital worth for the 1st time. It is on artificial respiratory now and can probably just sell the patent for less than $500k. No new CEO will be attracted by such financial disaster.....

[jojomarch]

The last NR gave us hope We are now in a solid pole position to proceed with integrating the entire design into an integrated chip using standard CMOS technology. This next and upcoming phase will allow QNC to approach the market with a commercially viable product with multiple applications for varied verticals." Moving forward, Dr. Gagnon will assist QNC in mandating private sector firms to

[luckyluc]

We know some funds will come from the gov grant to cover about %40-%60, the remaining of the funds will have to come from these private sector firms if they can attract any or believe in the technology which is far from obvious right now...time will tell but one thing for sure there is no money left to pay any sort of things... we went from arount $300k to $25k in less than a year....

[Magus22]

  Qnc's financial situation is a huge cluster fuk, but with miron as cfo what do you expect. He's so bad he screwed himself out of his own salary.  Think about it ....