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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

Comment by Magus22on Dec 23, 2020 8:13pm
64 Views
Post# 32175243

RE:RE:RE:RE:more board members bought in today

RE:RE:RE:RE:more board members bought in today

The board didn't buy anything it's clearly showing the granting of the 5c options only.  They have no risk of losing their own money. If things go good they can flip their options for profit without spending a penny. They have given themselves upside without  risk.

The new board member fits nicely with their healthcare focused agneda so it looks like they have some plan of partnership or asset sale to this new guys healthcare company.  The Elephant in the room is they still they have no cash or revenue. So something has to materialize soon they need to either get 750k plus to continue operations get government grant and build a prototype or sell out assets to another company.  Or sell a portion of company for money to continue.  Their first choice was to try to raise  capital in a pp as they told everyone in the web meeting and that was a complete flop so if this is now their back up plan. I don't think the terms will be very favourable to current share holders. Everyone should keep their eyes out for exercised and sold Options. This will be a sign of pump and dump. 

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