A fair amount is the selling has been disgruntled shareholders giving up and being worried about the shareholder approved reverse split and increased Authorized Shares.
I do think it's a bit is a lotto pick as we wait to hear how things shaker out. I'm fairly confident things are still being negotiated... and that the company remains in transition until things are settled going forward. The prospective cancer drug will need funding, but how much will it cost the shareholders?
I am hoping that from current levels any reverse will be fairly safe, earlier higher priced (5-15 cents) will take some company success to come our whole ... but like so many things... Who knows??
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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