boy did you read what you wanted to and not what I wrote.
Said NOTHING about the technology worrying me or the scientists or the inherent risks in penny stocks / start-ups / technology.
I did say I was getting IMPATIENT (which is different than leery, worrying, etc)
What I am concerned about is the management team's ability to take this technology (which I believe in) to market -- i.e. make a profit on it.
And so far there is NO evidence that QTMM will be a profitable business venture. Yes, they have cutting edge technology. Yes, they have scientists and sales people with many years of experience. BUT, they have NO sales or even contracts for sales. Profits become difficult without sales and revenues. As skilled as these scientists are, they can't literally print profits.
If there was substantial evidence of future profits, this stock wouldn't be stuck between .08 and .09. The market and stock price reflect all available information. So, at least in theory, QTMM is worth .09 for a reason.
This board has innumerable posts about the technology and how it's game changing but very few (bordering on zero) posts about company revenues, sales, contracts, etc.
So, like I said in the original post, I'm impatient (which is DIFFERENT than "worrying" or "averse to risk"). I'm a little surprised at the generally optimistic patience and loyalty demonstrated here to this stock. It's done nothing (except go down over time).
Look, in the end, I'm a believer. I have some cash riding on this like the rest of you. I'm just frustrated at the glacier-like progress being made.
And why the snarky tone?
Are actual concerns not allowed here?
