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Re: drugmanrx post# 83370

Tuesday, 01/07/2020 11:45:05 AM

Tuesday, January 07, 2020 11:45:05 AM

Post# of 104545
Let review

1. in the last 10Q QTMM emphasizes that they cant proceed without getting at least 3M $ funding. Six years later still here and proceeding and adding on a new fronts.



They have added absolutely nothing. They aren't demonstrating anything publicly for that reason.

2. they are not only starving of money, they are in deep debts, cant pay interests. Yet still are surviving and actually adding staff,



On shareholder dollar. And the company has gone dark to hide the extent of their misgivings.

3. in previous 10Q QTMM noted that they expect limited revenue in Q1, now nothing is mentioned about that. In last filed 10q they state received revenue "On or about December 23, 2018, Assam Electronics Development Corporation LTD (an Indian government enterprise involved in the development of the manufacturing facility in India) paid the first investment of $1M USD."



Absolutely false. The SEC filings show only 1/2 mil and this was most likely a settlement to let the Indians out of their contract.

4.even if they get limited revenue, that will be a fraction of what they need in order to survive few more quarters. Is 24 quarters more than a few?



Don't even mention the share dilution.

5.

if they had a superior technology developed, during all those years, they would either already have at least 1 "contract" or the whole company would be bought by other company. Tell that to Plug,"The 30 Years Rule – Innovation Takes A Lot Longer Than You Think"https://www.digitaltonto.com/2017/the-30-years-rule-innovation-takes-a-lot-longer-than-you-think/



Who are you fooling?
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