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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 AlwaysLong683on Nov 16, 2022 5:42pm
164 Views
Post# 35105005

RE:QNC CEO buys 300,000 shares

RE:QNC CEO buys 300,000 shares
TrickyGame wrote: Francis Bellido bought 300,000 shares of QNC last week. 100,000 at 0.085 and 200,000 at 0.09. I'm hoping that the bottom is in as investors see that management is willing to risk their own money at these prices. 

Insider buying is a good sign, but also important to look at total amount invested to see exactly how much more skin he's putting into the game:

100,000 x 0.085  =   8,500

200,000 x 0.09   =  18,000

Total:  26,500

Not chump change, but probably not a huge amount given what his annual income / net worth is.

Perhaps he is hoping for a grand slam, but if not, likely won't put a big dent in his personal financial resources.


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