judgmental much, Crunch?
A business pedigree such as yours is not required to be impatient.
"You cannot rush a successful business it takes baby steps." True, but have you seen any baby steps? I haven't.
You're also telling me that the day QTMM was formed as a company they also went public?
There was nothing until BOOM! Quantum Materials Corp was born and VOILA! they also appeared on the stock market? Really?
There was no business plan or venture capitalists or product prototype or employees or any of those things that usually precede an ipo?
And with relatively few outstanding shares they certainly didn't raise a ton of capital on that fateful day. They also aren't in the habit of issuing more shares to raise new funds. Which leads me to my next question: Why issue stock at all? For the $6 in capitalization? They could have gotten that by panhandling along Sand Hill Road.
And if you think they took this thing public for the benefit of people like you and me out of simple benevolence, you don't really understand how the stock market works. They went public for the cash, but what do they have to show for it?
So, as an investor with thousands of choices of companies to invest in, I have a right to be impatient with my investment. If I'm not at least a little impatient than I'm doing myself a disservice. Contentment and penny stocks aren't accustomed to being in the same sentence.
In exchange for my money and accepting a certain level of risk I get a few expectations-- like progress and progress reports. I clearly don't know how many other penny stocks you own so I won't presume your experience but in my experience with penny stocks there are usually PR's about things like (but not limited to) sales contracts, project developments, mergers & acquisitions, factory construction, etc. QTMM has gone stealth which sometimes precedes sudden company death -- an affliction not uncommon in the world of penny stocks. So, as an investor, don't I have the right, ne: obligation, to wonder what my money is up to. Especially in a high risk situation.
It would be one thing if Squires came out and publicly said "Listen up people; we're on track. The next 6 months will be dedicated to R & D. After that we're selling, selling, selling. In fact, we have initial contract agreements with several large solar contractors."
But, since he hasn't and I don't predict the future with any great accuracy, I'll just express my impatience. And I did read the 10q time lines you posted. I've also learned in my investing experience that 99.9% of companies are extremely optimistic in their time lines and forecasts. In other words, as a general rule, I don't take those at face value.
I guess, in the end, I've learned my lesson. Don't post to this Forum unless it's about sunshine and rainbows and make sure to do it with a spoonful of sugar.
AI
