QuantumSphere Inc. (fka QSIM)

[Jeff1717]

I saw that you linked to some old videos.

I know the company and it's history pretty well. I was an early private placement investor. I knew the co founders personally.

I've read every word of every SEC filling and PR for the past year.

Since they've sold the only IP to show commercial promise, there is not much left. The other patents have been around for more than 5 years and never had a revenue producing product associated with them.

They have a lot of secured debt and no money. They won't be filling 10Q's any longer. Never had any sales in their 14 year history other than a few thousand here and there for others to use in research.

They have an accrued deficit of $49 Million. Their backers haven't given them any more money but they did force the sale of their most valuable IP.

Seems hard to find any good news in the current chapter of their story.