RE:CMOS IMPLEMENTATION SEPT 2020Munger wrote: With the volume and Higher highs and Higher Lows one has to wonder just how far along they have progressed. Mandating Private Sector firms Which ones? Looking forward to the News flow
We are now in a solid pole position to proceed with integrating the entire design into an integrated chip using standard CMOS technology. This next and upcoming phase will allow QNC to approach the market with a commercially viable product with multiple applications for varied verticals."
Moving forward, Dr. Gagnon will assist QNC in mandating private sector firms to speed up the R&D efforts. The CMOS R&D implementation project is scheduled to begin at the end of September 2020.
I too am curious to see where is progress on CMOS is at.
I beleive that the September 2020 news release was purely strategic to try raise the share price and get market interest for a higher PP raise. We all know that the news failed to give the share price any momentum, and ltimately, the 7 cent PP failed. And.... we all know that cash last fall was very tight with paid employees & personel working for delayed paycheques.
I beleive that it wasn't until the 5 cent "behind the scenes" PP was closed that the company had actual cash to take CMOS to next level. So my guess is that this project is at least 4 months behind the original schedule.
Regardless, I continue to hold my position. Management & Directors now have skin in the game.... so it is in their best interests to execute the plan that increases shareholder value.
Best wishes everyone,
FI4