Quantum eMotion Corp V.QNC

luckyluc

[OKBOOMER12]

Luc is correct.

"As a result of the closing of the private placement, there are 100,527,838 common shares of the Corporation issued and outstanding." 

"The securities issued in the private placement are subject to a four-month hold period expiring on May 16, 2021."

The hold has nothing to do with dilution. 

[luckyluc]

And chances that these new investors sell their stock in may are very low unless the share price goes much higher so far the share price hold quite good given that there is almost 50% more shares 

[OKBOOMER12]

At the end of May, Rousseau, Paquet and Samson will exercise their warrants and sell off / part ways with QNC. Bellidos big hitters will continue to load up. You heard it here first.

[luckyluc]

Apparently Magus and Ethanator got contacted by Miron to partipate in the PP like farmer and malciry but both refused to participate because of lack of trust at 5 cents dammit how can u refused an offer like that? And then ethanator start saying all sort of things like the 40 m shares will only happen in mid may.... hard to trust anyone saying on this board....

[Ethanator]

Please luc, its a simple concept. If you do not understand it you should not be investing. Its six of one, half a dozen of the other. The 40 mil shares cannot be traded until May so any selling right now has nothing to do with those shares. I suspect in May many of them will be sold. This often has a negative affect on the share price. We shall see. As for the market cap, go to the TSX website