Telix QSAM Inc (QSAM)

[BuddyWhazhizname]

The whole QPWR story in a nutshell:

Included in the expenses for 2017 and 2016 were the following material items: Payroll decreased to $265,473 in 2017 from $583,949 in the prior year (55%) due to fewer people employed by the Company and the two executives being paid as consultants through most of 2017. Professional fees decreased to $876,372 from $988,848 in the prior year (11%) due to reduced legal costs and one less consultant retained in 2017.

(Annual report, page 21)

The only employees being the two executives. They were only paid $265K last year in salary, but most or all of the $876K in consulting fees went to them.

For all that money to the two employees, "the Company received and fulfilled its first paid services contract to provide a feasibility study for the manufacturing of soils from a large-scale development project (Gross profit: $14K); signed two letters of intent providing for an exclusivity period to acquire two separate compost manufacturing companies in the southeastern United States, and executed a definitive purchase agreement with one of those companies.

Not bad work if you can get it.