Merry Christmas (Details inside...)**LONG READ**
Before you read anything, this is all information i've found publicly on the internet. This is just my novice opinion. Do what you want with it. I will try my best to summarize this as quickly as possible.
First, Merry Christmas to all.
Where are we with QNC?
- No CEO
- No CFO
- Prototype breakthrough
- Patents
- Tsx "shell" / compliant
- Board consists of 3 "legacy" directors with options @ 300,000 each. 1 new director at 750,000 options (lolwut)
- Financial doom imminent?
Now, enter SoundBite Medical...
"SoundBite is a privately held medical device company developing products in the field of vessel preparation for the management and treatment of calcified and occlusive lesions in coronary and peripheral arterial diseases. SoundBite will leverage its shockwave technology platform to clinically and commercially validate its calcium management medical devices with active wires and microcatheters. Peripheral artery disease (PAD) and coronary artery disease (CAD) affect more than 12 million & 16 million people in the US, respectively.
For additional information visit www.soundbitemedical.com or communicate with Francis Bellido, CEO.
June 17, 2020 - Winner of National Award by Engineers Canada (Signed Francis Bellido, CEO)
Francis been with Soundbite as CFO and now CEO since 2016/2018.
HOWEVER, Now.. stay with me...
As of today, on SoundBite's website, INTERIM CEO is Ashkan Haghighat. "17 years of experience in Capital Markets and venture investing with a focus on the healthcare sector." Interesting, no news release to explain where captain of this smooth running ship went?
Where is Francis then?? OH YEAH! He's the majority holder of our board of directors who has mysteriously vanished from a SUPERTSTAR private company. A company that would need cutting edge security to scale it's device to serve it's highly sensitive market. A company with Health Canada and FDA approval and would need BIG CASH from the public market to scale activities, acquisitions, etc.
BONUS ROUND
Francis Bellido is Pres & CEO of Aurakle Capital Research (QC branch is still active) since 2006.(Source - His LinkedIn)
-Founder of a Venture & Management Fund focused on Medical Software & Devices with expertise in due diligence, financing and business development.
- Restructuring and creation of several start-up companies through hands-on management
Anyways girls and boys, I had fun typing this up. Something a little different. Who knows whats going to happen in 2021 but I wish you all health and wealth ;)