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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 offers QRNG2, an USB key that delivers pure entropy at 1.8 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 of Things (IoT) communication, machine-to- machine connections, networking equipment and cloud-based applications. The Company offers Entropy-as-a-Service (EaaS) concept where a service provider delivers on-demand entropy through a cloud network. Its random number generator (QRNG2) utilizes quantum electron tunneling to produce truly random and unpredictable numbers. By integrating QRNG2 into the QxEaaS platform, it offers a range of on-demand entropy and IT security services for authorized devices. The platform distributes cryptographically secured keys and strings.


TSXV:QNC - Post by User

Bullboard Posts
Comment by Magus22on Apr 17, 2020 3:54pm
79 Views
Post# 30923543

RE:RE:RE:RE:Funding almost complete Acquisition TBA Soon

RE:RE:RE:RE:Funding almost complete Acquisition TBA Soon

There's some missing logic here. No one sells a good
profitable business without a huge premium.

so they either buy something for cheap that won't generate any meaningfull profit

or they buy a good company at a large premium/multiple (massive dilution) that will generate revenue but will take years of profit to recoup the initial investment. 

You can't just buy your way to profit when you have no money to begin with, either way this doesn't seem like a solution to the their problem. 


also im not aware of any competitors they can buy that generate revenue.

Bullboard Posts