Quantum eMotion Corp V.QNC

more board members bought in today

[sittler]

Date	Issuer	Insider	Transaction	Amount	New Balance
Recent filings
Filed 2020-12-23 12:22   Tx date 2020-12-18	$QNC Quantum Numbers Corp.	Samson, Pierre Paul 4 - Director of Issuer Direct Ownership	Options 50 - Grant of options	$15,000 +300,000 vol $0.05 each	550,000
Filed 2020-12-23 07:25   Tx date 2020-12-21	$QNC Quantum Numbers Corp.	Paquet, Luc 4 - Director of Issuer Direct Ownership	Options 50 - Grant of options	$15,000 +300,000 vol $0.05 each	550,000

[luckyluc]

But some would tell you they did not bought in even though it is written in bold green $15000

[Ethanator]

lol.... ok Luc, the three guys all bought in. They took money out of their Christmas stash because they know QNC is going to the moon! What's $15K if you turn it into $150K.  Is that making this Board better.... where we lie to each other and ourselves : )

[luckyluc]

Well i would say that the board is much better and has done more in 4 months than the last 2 clowns for the past 3 years.....the last board addition is bringing some positivism and also some visibility 

[Magus22]

The board didn't buy anything it's clearly showing the granting of the 5c options only.  They have no risk of losing their own money. If things go good they can flip their options for profit without spending a penny. They have given themselves upside without  risk. The new board member fits nicely with their healthcare focused agneda so it looks like they have some plan of

[quantumtrader]

It's pathetic how people here don't understand how options work. Yes, being GRANTED options only gives them the option/right to buy shares at a certain price. But now they have EXERCISED their rights to buy x amount of shares at $0.05. Go check the actual SEDI filings - they EXERCISED x amount of their options to buy shares. How much clearer does it have to be? They bought shares, period

[Magus22]

2314:22   2020-12-18 $QNC Samson, Pierre Paul 4 - Director of Issuer Direct Ownership Options 50 - Grant of options $15,000  +300,000vol  $0.05each 550,000   2020-12-2309:25   2020-12-21 $QNC Paquet, Luc 4 - Director

[Malricy]

Not gonna lie, this is confusing a little to me. Would love to know what the real answer is. Did they buy or not?

[Malricy]

The real question is: if all that happened was the company granted them options, would it have to show up on sedi? Or, only when they actually excercise the part or the whole grant does it show up on sedi?

[coniferous]

They're collectively buying/activating their options, albeit not at exact same time. That is why ALL options issued are not all posted together at the same exact time. Real insider money being used. It's something at least.

[Magus22]

  but where do you see any of the options exercised?  

[coniferous]

The option was taken to buy the options not exercise (ie sell) them

[Malricy]

One thing I noticed, maybe has something to do with it, is if you look down the list, sometimes it says grant of options and there is no dollar amount in green, and sometimes there is. Maybe, when there is a dollar amount in green, it means they actually dished out the money. But, honestly, I have no f.....ing idea!!

[coniferous]

If u look at paul, luc, mark u see they now have 550k options each. They exercised their option to buy their recently allotted 300k options to add to their existing 250k options. It's a good amount in the event sp hits dollars. Further, as progress is made and sp appreciates, pretty good risk management if they choose to buy more open market knowing they're adequately leveraged with cheap

[Magus22]

Thanks for clearing that up coniferous.

[coniferous]

You bet magus here's hoping for a better future

[Magus22]

Do you think managment buying all options immediately  has anything to so with short term cash flow.   If all 3 million options get bought between 5 and 6.5c that will give them atleast 150k cash to keep them going short term.    also why give themselves a 3 year period to buy if they planned to buy immediately.  And if they always planned to buy immedialty

[coniferous]

Thanks quantum that's the point I was trying to make earlier. With 3 days strait of high volume there has been a massive turnover of shares and along with it some long sellers remorse happening, I've been there many times. 

[Munger]

You got it Quantum. Magus and Eth are on a massive disinformation campaign as they are kicking themselves for selling 

[Munger]

Cue Eth Disinformation campaign.