RE:RE:RE:Buck was Rightquark_1 wrote: if you are prepared to tie-up your money go ahead. My feeling is that QNC bet on the rong pony.
I also want to add every single key management personel and every single director had options that were deep in the money between March 2022 and August 2022, deepest in March 2022. If management and directors thought QNC's technology or the company itself wasn't viable, everyone of them or at least most of them would have sold their shares for a decent capital gain or exercised options and immediately sold their shares for insane profits.
Go look at the stock options section of the financials from March to August 2022. The highest strike price on the options of all of them was Tulio Panarello's options at $0.23 cents when he joined in Feb 2022 I believe. 100+% gain in about a month. Why didn't he exercise?. Francis was awarded 750,000 options at 0.065 when he became CEO as an incentive to grow the company. Between March 2022 and August 2022 those options were between $0.30 cents and $0.41 cents in the money. That's between a 460% and 630% profit. If Francis didn't believe in the company he would have 100% at least exercised those and locked in his gains. There was enough liquidity for all of them to sell all their shares and exercise and sell all their options as between January 2022 and September 2022 there was tens of millions of shares traded just on the TSXV.