Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hey Buddy!
Check out the news on QSAM from 2/7/24. What are you thoughts on it? Did Chris Nelson do right by the shareholders??
-Chuck
Proof they are totally delusional.. They really think the government paid people to post negative comments.. people questioned the engineering and physics behind the "Schoell cycle" and because they couldn't actually prove it worked with a prototype that outputs the claims they made, their cognitive dissonance makes them believe it was a government conspiracy out to get them.
The facts remain the same: No Cyclone engine ever ran for a period of longer than 1 second outputting the HP/TQ that Cyclone claimed it would make.
17 years in and they haven't got past the proof of concept phase, let alone anywhere near having a product that would be produced in a production setting.
As a FB user mentioned "Physics wins in the end".. yes it does.. it proved the Cyclone engine is a failure!
-Chuck
Current Picture (May 2023)
It's pretty sad when you have to dismantle the non-working prototype display to make a sign for your almost defunct company.
Some of you might recognize it.... previously it was attached to a fake engine made of wood installed in a truck frame.
I wonder how the people who's names are listed on that trailer feel about how their donations towards the Land Speed Record were used.
Everything you need to know about Cyclone is shown in this picture..
The loading dock visually describes the current company status..... UNDER WATER
Comical how they keep using "One Engine", but in 16+ years of taking investors money.... they HAVE NOT PRODUCED ONE SINGLE ENGINE
The PR's seem to be timed based on the share price coming back to $5.
News, slight uptick, then drifts back down... news, slight uptick, then drifts back down.
Also seems like they are back to manipulating the closing price. In the past there would always be a late day trade of 100 or 200 shares to bring the price to or above where it opened at when all the other trades of that day were below. That frequently occurred prior to the split.. now it costs much more, but still seems like its happening.
Any trades of significant volume are down
-Chuck
No reason to be around... while you are celebrating a $6.00 share price thinking that it is a huge accomplishment and it gives legitimacy to C.Nelson and his scam, you are forgetting that the share price only reached this point from doing a 40:1 split that came after a 7:1 spit.
Which means the real price of the stock is $0.021/share... when most of the buyers of this got in at $0.50+/share... but keep telling yourself $6 is an achievement.
-Chuck
4 months after their latest open house that only drew 1 single investor... no news...
That was supposed to be the rebirth... hahahahahahaha seems more like another nail in the coffin.. this scam is DEAD
CRASH -20%
The powers that be are back to buying small quantities from each other in an attempt to keep the price from tanking. The real truth is in the larger trades... always down... 3.75 -0.925 (-19.79%)
No news in months... not even any cheerleaders left....
Bobby told you so!
-Chuck
That was the single sucker who showed up for the open house....
Nothing to see but 10+ year old non-working models...
That is not an R&D or production facility.. I wouldn't even call it a hobby shop! It's a storage facility... Are they going to assembly and test engines on those plastic folding tables??
Who was it that said "Delusions-R-US"???? He was right on the money with this one...
-Chuck
Crash on Volume...
QSAM
Common Stock (QB)
$4.28
-0.97 (-18.48%)
Volume: 2,068
Someone will bring it back with a 25 share trade. Have to keep up appearances.. that 7 day closing average is super important when leverging toxic debt...
That's a share price of $0.015 if you adjust for the splits...
Still think this isn't headed to subpenny land??
-Chuck
Rest assured that he is still "General Nelson"... or if nothing else General Counsel aka still at the top and overseeing everything! He is the shell owner, the man behind the curtain.
Bobby and I are here to try and educate and you claim we are bashers... It's not hard to see what their real intention is.. especially when they look you in the eye and state "We are here to sell stock, not products"....
Bolin and Nelson have tried to distance themselves because they know their reputation follows them. They monitor this board!
Oh btw, I stopped at their new facility in Austin.. its nothing more than a shared office space where any company can rent office space by the hour....
If they were serious about being legit and building a real company, they would have a real office location... not a shared space.
-Chuck
Hey Bobby don't forget, this is the second reverse split since Nelson took control of the shell. The first was 7 to 1...
So actual current price is $0.023 for those who fell into this at the start.
-Chuck
A reverse split of 20:1 would be required to get the price to a level where up listing would be possible.
Its another pipe dream that has been sold on every stock ticker Chris Nelson has been associated with over the past 20 years. The reality is that the share price will continue its downward trend and up listing will never materialize.
-Chuck
Reverse split to get the share price higher, then authorize more shares to dilute... SOP of Chris Nelson.
$0.001 coming soon
-Chuck
Down on a 100,000+ share trades.. back up on a 5,000 trade.
Sure sign of dumping.. this is the toxic debt shares being sold for whatever price they can get for them. This will continue on and on until its sub penny.
It is the Chris Nelson way...
-Chuck
Looks like they just sold off $555,000 of debit... with another $445,000 remaining..
There is a difference between not being successful at a venture and setting a venture up to not be successful from the start.
QSAM is the latest front for this scheme after CYPW failed, Q2P failed, Q2E failed... Failed is just an opinion because in reality in each of those instances Chris Nelson lined his pockets with cash. It was only the small investors that failed!
-Chuck
Must have been the other mod then. Only 3 of us have the ability to edit that information.
Chris Nelson as CFO?? But he is "General" Nelson! He is a lawyer by education, he is not doing the accounting.
He is in charge of raising capital, he is one of the owners of the stock shell.... He is the real owner and the man behind the curtain.
What you should be asking is who is:
I see you removed the Chris Nelson information from the board... why? Don't want people to know who is really behind this?
You can make any story seem positive if you only show the positive aspects. To know the truth, you need the entire story.. good/bad/ugly...
-Chuck
Randy,
Cyclone also had what seemed like a very strong leadership team, but in reality these people were not involved with the business at all with the exception of receiving stock as a form of payment for using their name.
0.29 ? -0.02 (-6.45%)
Volume: 12,950 @11/04/21 10:24:24 AM EDT
Decent volume (for this stock) and price is down..
Here comes a 100 or 200 share trade at the end of the day to bring the price back up.
Got to keep that 7 day closing average up...
-Chuck
I highly doubt he will even get to talk to Chris Nelson... I bet he is hiding behind the curtain.
-Chuck
Ex shareholders? Nope.. still holding worthless shares.
Disgruntled? Nope... I got past that part several years ago.
Pissed off? Nope... Not that either.
Don't confuse my trying to educate others so they don't make the same mistake and fall for the same scam I did as being "pissed off" or "disgruntled".
As for questions..
I would ask what Chris Nelson does to deserve his $350k/year salary...
Why did QSAM take a PPP loan?
What is being done to increase share holder value - and I'm not talking about the 100 or 300 share trades to bring the price up to manipulate the 7 day closing average. That isn't real value.
Why did Chris Nelson change his title to "General Nelson"?
Why is this "time" going to be successful when Chris Nelson has a long career history of failure that resulted in the stock holders being stuck holding the bag?
-Chuck
No one here wants those types of questions answered Bobby!
They want to pretend this is going to the Moon when history tells us its about to start circling the drain.
-Chuck
Hey Bobby!
No one here wants to know the real past of those pulling the strings at QSAM. They won't even admit that Chris Nelson is involved let alone that he changed his title to "General Nelson"
-Chuck
QPWR is still very much around.. its now QSAM because once again they changed their business model. They are now trying to get into the big pharma game.. even took like $250k in forgivable PPP loans to pay the executives.
I have been trying to educate them on the QSAM board but just as the pumpers did here, they try to silence me.
-Chuck
You can buy as many as you want at 50% off... though I would wait until the price corrects itself from this news.. or even better, wait until all the shares coming due are sold.
-Chuck
Contact QSAM directly, I bet they will sell you shares at a 50% discount if you are OK with holding on to it for 6 months.
-Chuck
Nope, not at all.
Just as the news of getting an international patent did, this news caused little or no action in trading. The only way the patent and this Orphan designation becomes valuable is if the drug succeeds. They are still so early in the development that the risk to invest isn't worth the potential reward as the possibly of utter failure is still very high.
They need a PR stating a huge pharma company signed on to help co-develop if they want gain attention from the "masses" of investors. Otherwise the reality is that this is a company with NO product and NO history of ever creating a product. Their script has been written and flipped three times now.. the previous 2 times left investors holding the bag while the upper management cashed checks from the capital raised.
It still makes me sick to think this company with no official full time employees was able to get several hundred thousands of dollars in Covid relief funding.
-Chuck
When you realize this is a tradable company for no other reason than leverage to raise capital and there is no concern over increasing share holder value at all... it makes seeing the current share price sting less.
5 months ago.... $0.85...
Yesterday.... QSAM BioSciences Inc (QSAM) 0.2776
meanwhile every other stock I'm holding has grown 15% in the same time period.. well except CYPW which was finally delisted... and if you know the connection to QSAM you understand why.
What happened to all the pumpers?
-Chuck
This aged well... stock price was $0.85 when this originally posted.
Today: QSAM BioSciences Inc (QSAM) 0.3712
-Chuck
For those who want to ignore the man behind the curtain, the proof is in the filings...
Filing late is a SOP of Nelson.. expect there to be some type of news that will increase the share price in the short term.. then when the fillings occur there will be a drop....
36 is considerably higher than "4 or 5"..
That is because anything Chris Nelson has been involved with in the past has been a scam to separate investors from their money.
You have done the smart thing! I hope things work out well for you, but still fear for those who will get swindled.
A year from now I would like nothing more that to come in a post about how I was wrong...but based on history... I'm not sure that will happen...
-Chuck
Stock is down 10% on the largest trading volumes of the day.. this came after the news was released..
-Chuck
Visit there or call. You can't talk to anyone other than Chris Nelson.
-Chuck
4 or 5? I count 50 on the latest page alone.
Keep believing the name with this history that is only attached to this company because he was given stock for his name and professional career to be used on the webpage.
Show me an address where I can meet him where the business of Qsam is being conducted.. or better yet, a phone number I can call and talk directly with him and the other BOD members...
The sad reality is that no number or address exists...
Ive had dealings with the man pulling the strings of this company.. Chris Nelson for the past 15 years.. I know his history and how he will lie and cheat at the expense of the share holders to enrich himself.
Notice how he won't post his name or career stats.. because he doesn't want you to know the truth.
-Chuck
Why does the price always crash a couple days after there is a significant volume of posts here saying how high this is going to go and that its a great buy at this price??
PUMP PUMP PUMP
then nothing......
Guess they were able to move their shares...
-Chuck
The only news that would start an increase would be the selling of the shell. It is pretty much the last and only asset that CYPW has.
Let's be real... there is no engine.. there has never been an engine... only a fantasy that produced non-working models and prototypes that proved the designs were failures.
-Chuck