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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 > Why buy now with 40 million shares about to hit the market?
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Post by HCallahann44 on Mar 18, 2021 3:07pm

Why buy now with 40 million shares about to hit the market?

Thanks to all posting here---Farmer...10 bagger etc---you guys post some great stuff---newbie here---but thinking buying should wait until those 40 million shares become available for trading? what say you?? the solution these guys are working on seems huge
Comment by GoodLife60 on Mar 18, 2021 3:16pm
where exactly did 40M number come from if I might ask?
Comment by elMickster on Mar 18, 2021 7:09pm
  Because what if they sell at higher prices than now?  hmmm
Comment by Munger on Mar 18, 2021 8:11pm
This is the main risk with this investment. The GTM product has saved the share price from implosion. 40 million shares is a massive amount of paper to chew through especially if ithey came to market all at once. Now many of those 40 million shares will sell, it is hoped will stay in strong hands. The company for unknown reasons does not promote so we are currently at the mercy of the GTM product. ...more  
Comment by FarmerInvestor4 on Mar 19, 2021 1:06am
  I believe there could be some price pressure in May when 40 Million additional shares hit the market.....  these shares where issued in the PP at 5 cents, with matching warrants at 15 cents.   At today's prices those 5 cent shares are worth a 5X....  so it is entirely possible that some may get sold to take some cash off the table and/or flip that cash to exercise the ...more  
Comment by Munger on Mar 19, 2021 2:43am
So this means the average investor bought 666,666 thousand shares in the PP
Comment by McStockBigMac on Mar 22, 2021 9:30am
This is why I'm selling when market opens, wait for it to drop and then buy back in.
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