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Bullboard - Stock Discussion Forum 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)... see more

TSXV:QNC - Post Discussion

Quantum eMotion Corp > Stop the dip by getting the chip
View:
Post by Sextant on Nov 10, 2021 9:04am

Stop the dip by getting the chip

  • Quantum eMotion To Finalize Its First Product After Resolving Its Supply Chain Bottleneck Due to Global Chip Shortage

    Montreal, Quebec--(Newsfile Corp. - November 10, 2021) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM" or the "Company") today announced that it has finally obtained the key integrated circuits whose unavailability had threatened the timely delivery of its first product.Francis Bellido, CEO of Quantum eMotion, commented, "We are extremely pleased to have found the FTDI chip we needed to complete the design of our first QRNG device. We have lost a few months due to the worldwide...

    2021-11-10 8:57 AM EST
Comment by luckyluc on Nov 10, 2021 11:28am
This is not such good news and very bad timing with the warrants expiring date to come....more dip to come so Munger will be happy to scoop the cheapies !
Comment by Munger on Nov 10, 2021 11:34am
The news is good but the dip will continue. I'm holding off buying until this latest news gets digested. The end of the day stock price will give us an idea to where we are headed. Tax loss coupled with expiring warrants will put huge pressure on the stock. I expect no more news til next year.  I like to buy on Sale. 
Comment by FarmerInvestor4 on Nov 10, 2021 12:01pm
I dont agree on the "No more news" part.  There is lots in the pipe yet to come and some will likely happen prior to Dec 31.  Examples:  - CMOS Updates  - Investor Updates/Conferences.   Rumors of Travel and Roadshows  - Release of first product (now that chips are secured)  - Potential patent news/blockchain news  - Hiring I have ...more  
Comment by Munger on Nov 10, 2021 12:12pm
Good points. Farmer. 
Comment by warlord2 on Nov 10, 2021 4:14pm
So, if I understand correctly we have been "slowed down" due to a ~$5.00 USD FTDI chip for  Embedded Development Boards - FTDI (ftdichip.com)? Made in China. Is our IP safe from prying eyes? I am wondering how this will all play out. A costly lesson so far.  
Comment by quantumtrader on Nov 11, 2021 12:40am
1. These chips are probably meant to be bought in bulk. And have you been living under a rock? The supply shortage/crisis is real. 2. You're a certified meathead. FTDI is based in Scotland with R&D facilities in Singapore, Taiwan, and Scotland + extra sales support in Oregon and China. I heard the CEO's phone case was made in China, guess you should sell the stock. Meathead. Anyway ...more  
Comment by OKBOOMER12 on Nov 11, 2021 7:25am
QT, Syntronic also has very obvious ties to communist China. You would be foolish to not consider the risk of stolen IP. They are the best in the world at it.