Quantum eMotion Corp V.QNC

EVERYONE AGREES JC AND MIRON WERE A PROBLEM

[Munger]

Sextants buds. They are gone now. Can someone please explain what has changed re company fundamentals?  Did they lose the patents?  Did Bertrand purposely sabotage his career by creating a bogus company?  What is our cash burn rate monthly? Not having patents we were valued over 10 cents. Now we have patents and the bad actors are gone and this is all bad news?  What was that cash burn rate again?  That being said. No excuse for no insider buying for all this time

[Tobias323]

Agree. It boggles my mind. Why the heck didn't they raise in the good ol' days? Shoulda had it all planned out before the last patent was issued. Then once issued, execute. The BoD has so much work to do to gain our trust again. How dare they give us attitude when we simply ask if they will be participating in a PP. I can't shake that from my mind during the web meeting.

[Magus22]

  the problem is no more money and managment has no way to raise more.  So we are stuck now . Only option is to sell assets,  and I can promise you managment isn't buying any shares, not now not ever. The new risk now is does managment have the abilty or desire to sell the assets to make investors whole. I have my doubts. Samson might be our only chance now. I think he can do

[Munger]

Good points Magus. But are you going to sell?

[Magus22]

  I don't think selling is an option anymore no point to sell at .2 .3 .4 cents going to have to hope for the asset sale.

[Munger]

That's the way I look at it. I think you were dead on regarding Mgmt just not putting the work in. There is no reason for us to be in this predicament   The Company was worth over a dime with no patents. Now the markets is saying the patents are worth a few cents. Like you said, the real question is are they ready to put the work in to sell the assets?