Telix QSAM Inc (QSAM)

[ChuckFinley305]

Today's PR almost says word for word what I predicted it would. New LOI, but no real deals, just keep waiting and hoping.

The only surprise in the PR is that they actually admitted the previous LOI deal is dead...

It will take them another year from now to finally admit the LOI's announced today are dead.

To prove how confident they are that these deals will happen, one of the insiders is willing to put up $1 million of his own money, if they can also raise an additional $5 million. That almost gives hope that a deal will come to fruition... except that the generous insider has been milking the company's cash to the tune of $250-350k per year while providing no revenue stream to the company. In other words, he is willing to reinvest the money the company had to raise to pay him.

Oh and the expert advisers bring nothing to the table except a stock liability because they will be given large sums of stocks for their expertise, but will be used for nothing more than leverage to trick investors into thinking this company is more than the 2 insiders who pay themselves over $500,000 per year.

Expect a small uptick in stock price along with huge volume increases as the insiders cash in off this PR.

Over the past year we have visited many compost facilities, spoken to dozens of owners, and learned a great deal about the industry and what makes a successful compost manufacturing business. We are as bullish as ever of the opportunities ahead and our strategic path forward.

They admit they no nothing of the business they are in. Further proof they are only interested in selling stock.


-Chuck