[ioled]

Well, they had the money for introducing the Q mount. Instead, they could have introduced a more competitive mirrorless system.
I reckon they wanted to build upon their strengths of providing something tiny. Even tinier than MFT. But a 1/1.7" sensor was a bit much.
That being said, I quite liked the Q-S1. I still have it in my closet.

Management ain't the strong point of Pentax. Personally I think Pentax newfound focus on full frame ain't the answer either.

So it seems they will fade away along with K mount.

Edit.

My prediction. Pentax will close within a decade, Nikon will bankrupt in 5 years and they will be bought by some other company, Sony will exit cameras within the decade Canon will provide full frame and only consumer level APS-c. So buy Fuji. LoL

One final point camera companies need to make money or contibute to the general profitability by their existance. I don't know a lot about photography but I know a bad investment and when I see Sony or Nikon I have a feeling of seeing a dead man walking regardless of their good quality of product. Pentax in that respect is already irrelevant from an financial point. So I guess Pentax bashers are halfway right but where is the good taste in beating a dead horse?