Quantum Blockchain Techn... Share Discussion Threads

[anddownitgoes] 05/8/2024 10:05

Good for PG to break a break in August. Will give him time to reflect on how large his performance bonus will be this year. was just under 300k last year. Surely with all the amazing things he has delivered that we will see it well north of 300k

[ellipses] 05/8/2024 09:47

That would have been the WI bring and buy sale. I didn't have to pimp her out to feed an addiction to losing all my money on QBT.

[1knocker] 05/8/2024 09:41

What makes you think Ellipses' mum is buying QBT shares at car boot sales, ss46?

Only a mug punter buys them, even at car boot sales. Didn't you know that QBT is a sucker stock? Surely you have worked that out by now, just by totting up your losses? You are down on every QBT purchase you have made, aren't you?

[ss46] 05/8/2024 09:23

ellipses- yes thats true. Thats where your mum usually is

[ellipses] 05/8/2024 09:09

I suppose they could wait for the car boot sale.

[martywidget] 05/8/2024 08:52

Maybe they're best to wait for 0.3p?

[ellipses] 05/8/2024 08:46

I'm surprise more losers are not piling in to average down.

[1knocker] 05/8/2024 08:40

The whole market cap is now represented by the Sipiem money. The market is valuing the R&D at zilch, less than zilch in fact, because QBT proposes to burn the Sipiem money on more R&D.

Think about it objectively, on the basis of known facts and QBT's stated 'expectations':-

At the turn of the year commercial roll out and revenue were 'expected' within 12 months, and the litigation winnings were a mere 'hope', an undated hope, costing money to pursue, and QBT had about a 7 month cash runway.

Now? That money is as good as in the bag and (according to PG and the goons) commercial roll out and revenue are expected within the next 4 months, with a 12 month cash runway.

Market response: An 80% share price drop YTD.

Goon response: Mummy, but you PROMISED ...

QBT response: No, I didn't promise anything. I told you it was an expectation dependant upon an estimation of future progress at the cutting edge of quantum computing, not a promise, and I have been telling you ever since that it was proving more difficult and taking longer than when I said a year ago that if all went to plan roll out and revenue were expected by y/e 2024.

[anddownitgoes] 05/8/2024 08:21

From the accounts. They say there MAY hold sufficient liquidity to sustain them for 12 months but the group MIGHT be required to raise further finance


'we believe that the Group, at the date of this report, MAY hold sufficient liquidity to sustain its operational existence for the following twelve months'


'the Directors believe that due to the little headroom existing within our budget at 30 June 2025 and the inherent commercial uncertainties in relation to future events, a material uncertainty over the outcome of the matters described exists and Group might be required to raise further finance and note the uncertainty in relation to the group being able to realise its assets and discharge its liabilities in the normal course of business'

[jamerson5] 05/8/2024 08:12

Doesn't need a placing does it, funded till July 2025 as per the accounts.Some nasty dirty liars here trying to scare monger

[oakville] 05/8/2024 07:45

Its OK because the methods QBT use are needed when the Bitcoin price collapses.
Its OK because the methods QBT use are needed when the Bitcoin price rises.

Make you minds up guys. !! lol.

This next placing could be anything around .4

[anddownitgoes] 05/8/2024 07:36

A drop in the share price based on the BTC drop could be the death spiral for QBT as they would struggle to get a raise away at these levels to maintain the lifestyle PG is used to.


We all know a raise in Sep is likely. I suppose its a gamble now as to whether QBT can pump the price up to a reasonable level from now. Would news of a Method D do the trick? I doubt it. Announcing a new R&D team at this point would likely depress the price even more.


QBT needs to deliver a comprehensive report on how the testing is being conducted and what results have been obtained from that testing. Since PG is now on holiday this month I suspect this will have to come in September now. May be too late by then.

[oakville] 05/8/2024 07:11

Gardin strikes again !

[anddownitgoes] 05/8/2024 07:06

QBT don't produce BTC. Their entire unproven promises are built around BTC though.

[anddownitgoes] 05/8/2024 07:05

Jambone bricking it. QBT is finished, you just won't admit it

[jamerson5] 05/8/2024 07:03

Fear monger if bellends

[idriveajag] 05/8/2024 06:52

QBT are on track for commercial revenues from a deal with a miner and Sipiem money in H2 2024:

QBT's 2024 targets: Francesco Gardin joins from Mining Disrupt Conference in Miami
27/6/2023



"Everybody's very, very interested in our technology...We are adding a couple of new teams, which we havn't announced...We keep on track...We are very confident that our technology is different...proven results in the lab...longer than expected but we are making progress...

...We announced last year that we are heading for revenues this year [2024]. We still havn't announced the opposite. In the Accounts, one has to be prudent. Any word has to be agreed with the Auditors...[but]...we still havn't announced that we will not generate revenues this year [2024]. So I will make it clear - with all the contracts we have, with all the discussions we have, with all the contacts we have, with the development of our technology, how it performed from in the lab into products, what is next for products - we [are] still on track for this our end goal...

...We have at least four different Methods...We are not too far from having military spec...

...We have a team of lawyers in Milan who are actively working to collect as much as they can of the Euro6 million [Sipiem money]...

...Our main goal [Upcoming milestones] is for one of these four Methods, to have a product that can be deployed, can be sold; or alternatively, to have IP's or technologies, which are aquired or developed or exploited, with one of these big players in the sector."