Comparing IBM, or any company that has actually produced and sold a product to QPWR is laughable.. let alone trying to find any similarities between them and multi-billion dollar corporation...
Given themselves?? All this effort??? You realize QPWR isn't their day job. Hell, QPWR is so minuscule that it doesn't even rent office space. Don't be fooled! Nelson and Bolen have most definitely succeeded! The several hundred thousands dollars a year they fleece from investors is their success.
The 1 for 25 split will bring the share price out of sub penny land, but not for long. It will slowly drift right back down to its current level shortly before they announce that they are abandoning the cancer research drug market to pursue their efforts towards the next big thing that is going to be successful.
Faith is similar to hope...and just a dream. Poor choice of words from the BOD chairman whom controls Nelson's strings. That statement while honest, should do nothing but cause concern to investors who know the past history of this company.
Since the inception of QPWR after packing his bags and running from the toxic debt CYPW acquired under Nelson's control, nothing has ever been done in the interest of building long term shareholder value.
Strike 1 - swing and a miss - Steam Engines / Electric Generation Strike 2 - caught looking - Composting Strike 3 - Cancer Research
They are hardly prepared for the curve ball of FDA and pharmaceutical regulations coming their way (if they get that far)... but don't worry, they have a single person who will navigate all that...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.