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Bullboard - Stock Discussion Forum 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... see more

TSXV:QNC - Post Discussion

Quantum eMotion Corp > MANAGEMENT CAN EASILY LIGHT A FIRE HERE
View:
Post by Munger on Jan 26, 2021 9:42am

MANAGEMENT CAN EASILY LIGHT A FIRE HERE

Just buy some shares in the open market. It's that easy. Buying every week a few thousand shares. Then execute the plan with a solid communication strategy
Comment by Ethanator on Jan 26, 2021 12:26pm
Munger, just going by memory but I dont believe management has EVER bought shares.
Comment by Ethanator on Jan 26, 2021 12:28pm
Other than the recent PP and we do not know the details of that. I am guessing it was not much.
Comment by Malricy on Jan 26, 2021 12:53pm
If my memory is correct, insiders invested a total of $115,000.00 in the last PP.
Comment by Munger on Jan 26, 2021 1:40pm
Hopefully that info will be released on Sedar
Comment by luckyluc on Jan 26, 2021 2:44pm
It was part of the PP news release and since the PP and dillution would be effective only after May 17 I guess they would buy then when the stock price will melt by +%40. Once they will buy it will show up on CEDAR as insider transaction
Comment by Malricy on Jan 26, 2021 3:06pm
https://ceo.ca/@nasdaq/quantum-announces-closing-of-private-placement This is the PR where they mention insider participation for a total amount of $115,000.
Comment by Ethanator on Jan 26, 2021 6:27pm
No that is not quite true Luc. They have already bought their shares and they have paid for them. And they will get them issued shortly. BUT they cannot trade them for 4 months. It should show up soon so we know the details of who put up what.
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