🚨 Is Quantum Computing Inc. (QUBT) too good to be true? 🚨
$Quantum Computing Inc.(QUBT)$ Recent investigations into Quantum Computing Inc. (QUBT) reveal alarming discrepancies between its claims and reality:
🔍 Missing Foundry?
QUBT touts a "state-of-the-art" chip foundry at Arizona State University. Yet, investigations show no visible infrastructure for chip manufacturing at the site.
📉 Shaky Financials
Revenue: ~$0.4M annualized (Q3 2024) – far below its ambitious promises.
Cash: Only $3.1M, while relying on high-risk financing from Streeterville Capital, notorious for "death spiral" lending.
❓ Unrealistic Press Releases?
Claims of TFLN chip purchase orders are overstated, with UT Austin reportedly distancing itself from QUBT’s announcements.
🚩 Pattern of Hype
From quantum computing to AI to chips, QUBT seems to pivot toward trending buzzwords while failing to deliver substantial results.
💡 Key Takeaway:
QUBT's lofty promises might be built on shaky ground. For investors, it’s essential to dig deeper into the numbers and claims before buying into the hype.
#QUBT #QuantumComputing #InvestSmart #StockMarketInsights
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- syzuhair·01-21did u make money and exit on this?LikeReport