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bsullivan

10/06/10 5:40 PM

#4159 RE: puravida19 #4157

P19, I note a little sarcasm in your last question. This is not like you. I can't speak for Brad, but I too have grown impatient with this company. We have the "Einstein" of solar as our CSO but QTMM doesn't seem to be going anywhere. Every other day, companies are announcing grants, sales, partnerships, etc. Meanwhile, we are constantly being told to be patient, news is around the corner. I've been hearing that for a year now. News is always just around the corner. 10Q's come and go...and nothing. And every time something negative is posted on this board regarding the company, that poster is shunned. It's time the company puts up or shuts up, so to speak. And yes, I realize the irony of stealth regarding my last statement. I do hope that QTMM management reads this board and knows that many of their "bread and butter" investors are growing weary and tired of the news around the corner.
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pennystockbrad

10/07/10 12:50 PM

#4174 RE: puravida19 #4157

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?