Finally some movement! Better cash out while you can!
That PR has more holes than Swiss cheese!
There is no financial information given at all.. Hell, they don't even have the money to buy that company yet.. Just a letter that says they will IF they can raise the capital..
My guess is there is no profit being made by that company, QPWR just needs something tangible to its not as obvious they are only interested in selling stock.
Don't forget, QPWR admitted they know nothing of the market they are trying to enter by purchasing this company..
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