Ultimately… it is my understanding they are definitely doing things right now that are in line with goals set forth before …
Unfortunately, not just with them, but the entire global market, the business world at large globally speaking is a mess …
With that, just because there is a delay - doesn’t mean the delay is on them specifically - when working deals with other entities you then must be at the mercy of the time table of the folks with whom you are dealing ..
An example is the following
Years ago my dad worked on a project that was for a states govt … they could not go forward with advancing / building of the computer system (software?? Don’t recall what but not the point )
They needed an answer from the state before being able to move fwd with the project. Now as a small dynamic computer company the answer from the state was crucial to move the project along as there was still a lot of work to do - (and eventually they wanted obviously to get paid .. and that occurred upon completion of project) … the state however was all govt paid employees with lots of other things on their plate - and getting back to the computer company with an answer was low on their concerns list- as financially it didn’t affect themselves, so no hurry made … FINALLY my dad was able to hold a meeting at the state - as the computer company was of course eager to get the answers needed …
Meeting was taking place (finally) and of course lo and behold one member of the state committee wasn’t present - sooo the board said ummm sorry guess we will get back to you next month when we reconvene. UGH!!! ummm no not ok …
My dad who had worked with military and govt Before pushed back - and said no one is leaving this room till we get an answer (it was literally something simple too. Like a color for example - but at that juncture needed a decision before moving fwd ) I think they may have Finally yielded and called the person as my dad was able to explain the project could not continue to be worked on with out the specific info he was requesting… point being - that was not a unique story in business- except the unique part was my dad got an answer after waiting a month versus many months …. Bottom line large entities move at their own s l o w speeds
The moral and my point … little guys (small companies) with big ideas (but small pockets) will indeed struggle GREATLY when waiting on deal making with those who have big pockets and no time line to worry about
On a side note, imagine a pawn shop in a very HIGH END expensive neighborhood… you’d be surprised as to The who that utilized services … why “rich folks used” BECAUSE of time lines …. Lawyers pawned expensive cars to make payroll while waiting on a case to close for example, movie industry types pawned things while getting funding going for a film … etc lots of examples…
Anyways
Things are not always as they seem
Do I personally know how qnta spends every waking moment? No … Do I think they are lounging on vacation though? Definitely NOT … there has been a huge whittling down of personnel in order to minimize costs … but the efforts to get to the goals has not wavered (all imo and from what has been observed and said publicly that is )
Ultimately I could literally lose everything if they go bust … Or, with time, long waited obstacles get hurdled and success will once again be more obvious and in sight and ultimately achieved.
In the meantime, as an investor I can only do what’s within my own control. And how I react and subsequently act is one of the things that I Am able to control … so I continue to watch for news, try the products, look for articles to familiarize my self about the science etc …
I’ve relooked several times at the prudent steps taken, mergers, etc and like a dot to dot puzzle when one steps back the steps all make sense …. What I’m hopeful for is that another entity / or person can help propel them to the finish line …. I believe it’s possible… but since literally everyone is down in stocks and investors are leery with the entire planet being a little out sorts these days (global politics / war threats etc global finance inflation recession etc etc ) they are up against a huge challenge… but I say challenge NOT impossibility…. As I believe where there’s a Will there is a way
So again… I ponder the “what” I’m invested in … I wonder how I ended up still hanging on … and the conclusion for me personally is I simple, I still believe - in the science and in their goals … now, many who are day traders waiting isn’t fun nor part of their plans and I respect that - everyone needs to do what’s best for themselves when it comes to investing and finances
This is a penny stock, high risk, very speculative, very much like the weather - change can happen fast
There are a lot of penny stocks and many if not most dare I consider probably Never amount to anything…. This “could” go to zero … Orrrrrrr the perseverance pays off and with time deals come to fruition and we all prosper.
Obviously I’m hoping for the latter.
If I hear anything concrete or see a pr or get an email before anyone else sees news and posts before me - obviously I try and post it asap
In the meantime it’s a beautiful fall day and I’m choosing to spend time away from the screen for awhile and breath in some fresh outdoor air for awhile
GLTA
