Off-market insider buying at Quantum Emotion (QNC)

Off-market insider buying at Quantum Emotion (V:QNC)

Francis Bellido, CEO and Director, acquired 1,750,000 Common Shares on an indirect ownership basis for registered holder Aurakle Research Capital Inc. at a price of $0.050 through a prospectus or prospectus exempt offering on March 20th, 2024. The insider also acquired 1,750,000 Warrants with an exercise price of $0.150 for 12 months. This represents a $87,500 investment into the company's shares and an account share holdings change of greater than 100%.

David James Wayne Teeple, a Director, acquired 400,000 Common Shares and 400,000 Warrants on a direct ownership basis. This represents a $20,000 investment into the company's shares and an account share holdings change of greater than 100%.

One other insider also participated in a small amount.

Quantum Emotion is in the Computer Hardware Sub Industry Group under the Technology Sector.

Quantum eMotion Corp. is a Canada-based developer of cryptographic solutions. The Company is developing quantum random number generators (QRNG). It has launched its new QRNG2, an USB key that delivers pure entropy at 1.5 Gb/s. Its QRNG2 technology is the quantum random number generator, which is used in consumer electronics. QNG2 provides security to mobile and Internet transactions, Internet of Things (IoT) communication, machine-to- machine connections, networking equipment and cloud-based applications. Its technology is also applicable to others, such as datacenters, blockchain technologies, financial services, cloud-based information technology (IT) security infrastructure, classified government networks and communication systems, secure device keying (Internet of Things (IOT), automotive, consumer electronics) and quantum cryptography industry.