The filings misstate the liabilities, reflect $0.00 in revenue over three years and reflect a $100k loss last year. The only asset listed is listed as "other" and is only $25k. How do you lose $100k a year with zero in revenue and such limited assets? Is the business borrowing money? Who would loan money to a business with such a pathetic balance sheet? Toxic financiers might. What security would QEDN have to give other than shares.