RE: QBT Residents28 Aug 2025 11:22
Sat in the shade reading all the retorts and regurgitation - lets see if we can make a clear path to the questions that are raised almost hourly !!
Compensation vs Company Performance
Francesco Gardin has been CEO of Quantum Blockchain Technologies (QBT) since 2015. His compensation has included:
£16,250/month consultancy fee via Infusion (2009) Ltd, his controlled company
£100,000 bonus awarded in 2024 for contributions to R&D
Historical compensation peaked at €454k in 2021, with fluctuations since
While critics argue this is excessive, it’s worth noting:
His pay is below market average for similar-sized UK firms
Bonuses are tied to R&D milestones, not revenue
Shareholder Returns vs Capital Raised
Market Cap (Aug 2025): ~£10.6 million
Shares in Issue: ~1.29 billion
Share Price: ~0.70p
Historical High: ~2.45p in past year
If you invested at peak hype, you’re likely underwater. But if you entered at ~0.46p, you’re up ~50%. The “hope value” tied to QBT’s tech is speculative, but real—especially with Method C showing 30% enhanced mining efficiency.
R&D, Marketing & Operating Costs Since 2021
From 2021 onward, QBT shifted focus to Bitcoin mining tech:
R&D spend: Estimated £3–5 million over 4 years, based on annual losses and milestone achievements
Marketing spend: Minimal—QBT relies on shareholder updates and PR via Leander
Operating costs: Includes salaries, consultancy, legal, and admin—likely £1–2 million/year
Total estimated spend since 2021: £6–8 million
Break-even Threshold
To justify this spend, QBT needs:
Licensing deals or SaaS revenue from Method A/B/C
Commercial partnerships with ASIC manufacturers
IP monetisation (patents filed in 2025)
If even one major mining firm adopts Method C, the ROI could be substantial. But until revenue materialises, it’s still speculative.
On the Trolling
Let’s be clear: questioning performance is fair game. But calling QBT a “get-rich scheme for one person” ignores the complexity of early-stage tech ventures. Gardin’s pay is documented, shareholder returns are mixed, and the tech has shown promise. That’s not smoke and mirrors—it’s a high-risk, high-reward play.
If you want to challenge QBT, do it with numbers—not noise. And if you believe in the tech, hold your position and demand transparency. Either way, let’s keep it factual and constructive.
I will have time tomorrow to respond :)
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