CYPW. Some things connect them, but most do not.
I don't have an ax to grind with you one way or the other. In fact, I appreciate a critical eye that forces me to re-evaluate what I'm doing. I have made an investment in the company and so far have I've been fairly pleased.
Long term I don't know whether the company will be successful or not. Maybe I've drunk the Kool-ade and am not seeing things clearly. However, it seems to me they've taken a number of positive steps over the last year.
Apparently, the venture capital investors, are convinced management is trustworthy and credible. I don't have the exact numbers, but they've become involved with the company to the tune of $10-20 Million. Grabbed their interest is protected by the third party related entity, but they're involved none the less. Why? The only thing that makes sense is to make money. I'm pretty sure that if they make money, so will the company.
What does it all mean going down there road? Not sure. But the company has a number of initiatives in their business plan, any of which could actually make the company successful and eventually profitable going forward. We're not there yet, but there is potential.
This is why we're trading for pennies. It's not a risk-free investment. However, if their story catches on and they continue delivering on their initiatives, maybe initiate some long term promotional campaigns, I think it's possible we could start trading at significant higher levels.
I'm not sure how many shares are available below 2-4 cents per share, but I think we're going to be trading above these levels with any significant developments.
Watch for opportunities with those you trust.
Recent QSAM News
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 02/20/2024 10:19:46 PM
- Form 5 - Annual statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 09:51:43 PM
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- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/16/2024 02:51:13 AM
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