08:06:38 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Quantum Emotion Corp
Symbol QNC
Shares Issued 150,502,838
Close 2024-04-29 C$ 0.15
Market Cap C$ 22,575,426
Recent Sedar Documents

Quantum Emotion to be late to file 2023 results

2024-04-29 16:34 ET - News Release

Mr. Marc Rousseau reports

LATE FILING OF ANNUAL FINANCIAL STATEMENTS

Quantum Emotion Corp.'s annual financial statements and accompanying management's discussion and analysis for the fiscal year ended Dec. 31, 2023, will be filed after the regulatory deadline of April 29, 2024. The evaluation of some assets encountered complexities unforeseen by the management. While the issues have all been resolved, the internal processes of the auditor to meet its internal quality controls will not be met in time to file the annual financial documents on time.

Management expects that this matter will be resolved in a matter of days at most.

Given the circumstances, the corporation expects the Ontario Securities Commission will issue a cease trade order. The cease trade order would affect trading in all securities of the corporation and would remain in effect until it is revoked following filing of the annual financial documents.

The corporation confirms that there is no material information relating to its affairs that has not been generally disclosed.

About Quantum Emotion Corp.

The company's mission is to address the growing demand for affordable hardware and software security for connected devices. Quantum Emotion has become a pioneering force in classical and quantum cybersecurity solutions as a result of its patented Quantum random number generator, a security solution that exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced protection for high-value assets and critical systems.

The company intends to target highly valued financial services, health care, blockchain applications, cloud-based information technology security infrastructure, classified government networks and communication systems, secure device keying (Internet of Things, automotive and consumer electronics) and Quantum cryptography.

We seek Safe Harbor.

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