Quantum eMotion Corp V.QNC

Alternate Symbol(s): QNCCF

Technology Semiconductors

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

Quantum eMotion Corp > $500000 Gross invested by Bellido. $1 min value today

<< Previous

Bullboard Posts

Next >>

Comment by AlwaysLong683on Jan 18, 2022 3:39pm

184 Views

Post# 34330100

RE:$500000 Gross invested by Bellido. $1 min value today

Munger wrote: Can’t imagine putting in a half million of gross income if the certification isn’t a done deal.

If the certification was a done deal, wouldn't QNC be in violation of securities law for hiding material information from the investment community as a publcly-traded company, especially if QNC and its Board / Management knew of this when the CEO exercised his options on January 6?

Also, from the January 12 PR, it appears that NIST certification is just for the USB device:

"I believe that 2022 will be a transformational year for QeM as the Company prepares itself to accomplish several significant milestones in the following areas:

- The near-term completion of our portable QRNG USB-type device will allow us to pass the critical step of NIST certification and engage in business development activities by approaching potential strategic partners and promote B2B initiatives.

- The development of the first prototype of our QRNG-embedded CMOS chip ......"

- The completion of the first prototype of our ultraportable QRNG key......"

Not saying QNC won't jump in share price if / when the NIST certification is announced, but it might take actual orders of the finished product from customers if the USB device is to be sold to sustain any significant share price increase......?

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market