Post by
Munger on May 05, 2021 9:24am
Bellido confirms 2.5 US billion valuation and yet
Trades for under 25 cents on forward earnings or potential buyout
Francis Bellido, CEO, comments: "Last week we received a report providing an average estimate of $2.5 billion USD value for QNC's intellectual property and we felt it would help QNC's shareholders and interested investors to better understand the key drivers of the valuation. It seems clear that both the remarkable growth of QRNGs usage that is anticipated in the 10-years market assessment and QNC's technology competitive advantages justify the conclusions of the valuation report."
Comment by
luckyluc on May 05, 2021 9:37am
Give it another 10 years Munger.....
Comment by
luckyluc on May 05, 2021 10:12am
Face the facts, who would required that level of encryption if there is no commercial Quantum computer out there able to crack current level in a second ? As Farmer would say more patience is required here.... ah ah !
Comment by
luckyluc on May 05, 2021 11:22am
Previous BOD clearly state it that for this level of encryption there is no market as we speak now beside maybe medical market. We are talking here about a tech of the future....this future is not quite close yet !
Comment by
luckyluc on May 05, 2021 11:44am
Cheap shares for you Munger to shape the future ! Descent has already started, clear for landing
Comment by
GastownGuy on May 05, 2021 12:01pm
ceo doubled down on the valuation pump and got b!tch slapped for his effort
Comment by
luckyluc on May 05, 2021 12:07pm
Exactly punp and dump. Don`t forget that this CEO loaded up shares at 6.5 cents.....with a bunch of others that got into the PP. Just hope the price will driop to 7 cents by next week !
Comment by
luckyluc on May 05, 2021 12:18pm
Market surveys does not equals evaluation. This is bullshit ! This BOD is pure pump bullshit ! They`ve done nothing so far in +6 months beside pumping
Comment by
Munger on May 05, 2021 12:47pm
For whatever reason, the market does not believe Bellido's words. He should be buying in the open market here but perhaps can't due to thei new product being released within less than 8 weeks.
Comment by
luckyluc on May 05, 2021 12:52pm
A new product on a USB stick ah ah this is a joke !! We had such thing in 2000 for prorecting software license and it did not work and was not adopted by the communuty