RE:QNC trading close to shell valueTheir potential notably lies within the patent, and a slight chance for some unknown catalyst to arise in the quantum field... At this point, there's no such thing as a shell ''value'' . That little cash they have in the Desjardins chequing account is going to get burned getting the corp ready for next stages of patent monetization, and lawyers. It's fairly unlikely they will get in the quantum crypto hardware business as they are quite behind a lot of others, like ID, don't have manufacturing or comparable infrastructure etc.. Such an avenue would require a lot more risk capital and dilution.
While we wait for quantum, a good example of where a guy like Novogratz is diversifying in is location based VR / blockchain. He clearly sees more than a shell value there.
https://www.reuters.com/article/us-usa-blockchain/novogratzs-galaxy-invests-20-million-in-virtual-reality-platform-idUSKBN1JO10C JMO