Quantum Blockchain Techn... Share Discussion Threads

[ellipses] 03/8/2024 09:40

50K and 138K. Not to be sniffed at tho'. Also why specifically mention the lopsided termination terms. What are the certain circmstances?

[flc] 03/8/2024 09:08

...an additional 200k and 288k on top of the 150k

[flc] 03/8/2024 08:48

What's more concerning from a corporate governance perspective is that QBT had already paid a shed load of money to Infusion in 2022 before a consultancy agreement was signed. The wording of the RNS is also vague..have those performance awards been paid on top of the £12,500 pm? This just smacks of someone covering their tracks.

[1knocker] 02/8/2024 21:31

Many thanks.

Most of those looking for an objective take on QBT follow this board rather than Sharetalk's. I should have posted it here in the first place, but I thought Sharetalk had started to be a bit more discriminating in his 'moderating'. Foolish thought.

It has been an interesting end to the week - and not only as regards QBT. I think we are probably in for a volatile few weeks. the big question is whether we get a big general pullback. We are probably overdue one.

[zydecoco] 02/8/2024 20:35

Below, as requested pasted to this board, so that sharetalk cannot nobble it, is your post of today 1knocker:No lie, ss46I said not to chase QBT when it was 2p+ and rising.I said to sell QBT when it was more than twice the current SP, not to buy back above 0.8p, and then to sell if and when it reached 1.3p on renewed hype.When it reached 0.8p i rated it a hold for bulls at that price, and a speculative buy at sub 0.7pI sold out myself at 1.7, for a small profit, on the way up (I did not see it going above 2, still less to 3.5p). I have not yet bought back, as I want to see a shift back from disappointment to hype phase and a rising share price before doing so.So far everything has played out as i expected except (1) the spike going above 2p to 3.5p and (2) we don't know yet whether my next sell price (1.3p) will be attained.THE FUTUREI have no crystal ball, but I don't see QBT falling below about 0.6p this year, and do not expect commercial roll out this year, but do expect a new 'hype' phase to start within the next 6 months, with a shift of emphasis from the near term and Methods A and B to different 'medium term' prospects mentioned by PG in his Miami interview. Contrary to some, I do not now expect any further capital raise over the next 12 months.So there you have it. DYOR and make up your own minds. I have no crystal ball, I just go on the information available. If that changes materially my expectations will need to be revised.If there is a significant commercial roll out this year (and whether or not revenue is actually received before the year end) my near term price expectations will almost certainly prove to be far too conservative. To that extent, I agree with the 'you can't afford not be invested here' school of thought. Personally though, I do not expect such roll out this year. If that was likely, I think we would have heard positive news on the 'practical testing' by now. It has been going on for quite some time, so QBT says.GLA, and if I am wrong you can quote this post back at me and I will take the brickbats.

[ss46] 02/8/2024 20:28

Zydeccco- I predict your mum will disown you

[zydecoco] 02/8/2024 19:51

Well, that is the predicted QBT 0.6X p close realised.May next prediction is a 0.5X p close.

[1knocker] 02/8/2024 19:29

Shattered, Bullrun. Very kind and thoughtful of you to express concern.

I think it was the excitement of the AGM which did for me. It ought to be held on a Friday afternoon, to leave a weekend ahead for one's heart rate gradually to return to normal before the market reacts on the following Monday and the excitement starts all over again.

[bulgarian] 02/8/2024 15:13

Time for this firm to deliver.

[ellipses] 02/8/2024 14:50

Sorry. You may have a point though. I'm sure FG was a hard negotiator and no mates rates were involved.

[1knocker] 02/8/2024 14:32

Ellipses, spoil sport!

I was enjoying the mental picture of PG wrestling with the knotty problem of how exceptional his performance had been, searching for superlatives to describe it, and (after signing an appropriate NDA) applying an algorithm (patent pending) developed by QBT* to convert those superlatives into pound notes. Very high tech stuff doncha know.

* his real life rather than lab theoretical testing showed that the algorithm only worked on Italian superlatives, so sadly only PG gets an excellence bonus this year.

[ellipses] 02/8/2024 13:34

They have to do that assessment work themselves, and with no remuneration committee to help there is inevitably a terrible risk that they may inadvertently sell themselves short.

I would not wish to knock that theory but according to the RNS FG was not part of the decision to pay himself the consultancy fees.

[ss46] 02/8/2024 13:28

1knocker: PG is a very conscientious fellow

I agree ☝️

[1knocker] 02/8/2024 13:01

PG is a very conscientious fellow. I hesitate to think how many long hours he must
have spent assessing the excellence of his own performance and calculating the appropriate financial mark of approval QBT should bestow upon him for it.

It is so tough for the CEO's of small one man band companies like QBT. They have to do that assessment work themselves, and with no remuneration committee to help there is inevitably a terrible risk that they may inadvertently sell themselves short.

[idriveajag] 02/8/2024 12:52

In the last interview (from the Conference) FG referred to QBT as now having 4 Methods, not just the 3 previously disclosed; and that they had added a further team. So that is 1 additional new Method and 1 additional new team. FG also said he expected a commercial deal or sale this year, but there was one other company he wanted to talk to first (my impression was he intended to do that right away). He was also there in the USA in person, which suggests to me things stepping up to a higher level.

That does not sound like a company that is not making progress. It sounds like transformational commercial and tech news could come any day, between now and Christmas. So within 100 market open trading days.

In addition there could be several announcements of big money coming in to QBT from the various liable parties in the Sipiem Case.

[zydecoco] 02/8/2024 12:28

Oakville, Could you please post a reference or information here to support that the Accountancy firm of QBT is that of FG's nephew.