Telix QSAM Inc (QSAM)

[BuddyWhazhizname]

Hmmm. Still not yet recruiting for their first clinical trial. If they don't get a move on they won't complete this Phase 1 trial by September 2023.

Has anyone heard if QSAM has raised the $1 million required by the license agreement for the drug? It says:

3.2 Fund Raise and Board Seat. QSAM shall have 180 days from the Effective Date to raise a minimum of $1 million in equity or debt provided the debt has no security interests on the Product.

We're now 25 days past that deadline.

Next week, maybe, the 10Q will be out and management can explain they are renegotiating this agreement, too.