InvestorsHub Logo
Followers 41
Posts 3508
Boards Moderated 2
Alias Born 09/20/2007

Re: RandyKCMO post# 842

Friday, 11/12/2021 12:57:53 PM

Friday, November 12, 2021 12:57:53 PM

Post# of 933
So yes... the previous company has been rescued... but it has continued pursuing a business venture that seems to have a reasonable possibility of success.

According to your thinking... maybe they should have just put up the white flag and given up. And yet, how would have that helped... what good could come from ceasing to exist?

The direction they've gone has garnered significant investment from those closest to the company. Prior debt holders have received equity interest. I believe at this point the company is debt-free, but I'm not certain.

On top of this, I think the company has received venture Capital Funding in the millions of dollars, which means that those whose who know more than me... and possibly more than you are putting their money where their mouth is... have voted with their dollars on the future success of QSAM.

Plus if you look at the leadership page... the man who invented "Quadramet" is on the company's advisory board. I don't doubt that he knows very well the functional success anticipated on our first orphan drug candidate... "Cyclosam."

Watch for opportunities with those you trust.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.