Jul. 22 at 9:18 AM
$QLGN After a delayed 10-Q, investors would be very nervous, expecting either a dilutive placement or delisting in July 2025. It was another disaster report, showing cash burn, promissory notes and no real operational progress. I bought this company for closer to
$7. Expecting to lose 2/3 of my investment of all of it.
They need an investor presentation describing the value proposition, or it appears to be the end, after
$125M of capital was chewed up without significant revenue to keep this company relevant.
