Quantum Solar Power Corp. Stock Analysis QSPW

Quantum Solar Power Corp. engages in the business of developing and commercializing next generation solar power technology under the name Next Generation Device, a patent pending, technology that utilizes a new approach to solar power conversion with the potential to remove the necessity of utilizing expensive silicon semiconductor based technologies. The company is headquartered in Vancouver, British Columbia and currently employs 0 full-time employees. The company went IPO on 2007-09-11. The firm is engaged in the research, development and marketing of solar power generation devices utilizing the Company's technology (the Next Generation Device (NGD) Technology) for photovoltaic devices that do not use silicon or other, rare earth elements. The firm conducts all of its research and development on a contractual basis with Simon Fraser University. Its NGD Technology is a technology and proof of concept prototype for producing solar power without the necessity of utilizing silicon-based absorber components or other rare earth elements.