QSAM Biosciences Inc. (QSAM)

[RandyKCMO]

I’ve been watching and even advocating for this company for a while.

Your criticism of the company is only partly accurate… I understand that you and Chuck and other investors lost money with Chris Nelson and Kevin Bolin at the helm. Did they intentionally try to make the company fail? I doubt it.

What you don’t seem to have noticed is that both Bolin and Nelson are no longer with the company. Bolin was never a part of the reorganized company and Chris Nelson stayed on for just a year or so after the company was acquired by new management.

QSAM is a completely different entity than it has been before. Have you checked out their web page?

https://qsambio.com/#about

Check out the projects and potential they have:
https://ir.qsambio.com/

Have you read the bios of the folks involved?

https://ir.qsambio.com/company-information/management-team

These guys have successfully done this before. Have they reversed the previous shareholders to minimal levels? Sure. Did that affect me? Obviously. But that has undoubtedly affected Bolin and Nelson as well. You’ll probably enjoy knowing that at least a little.

My perspective might be simplistic, but the future success of the company is another matter. As an entity it is now making decisions that will hopefully allow those involved to bring a new drug to market AND hopefully provide a sizable return to those who have funded the venture…. the venture capitalists.

Proof of this, management‘s recent decision to walk away from a poorly structured VC offer. They didn’t like the terms even though it would have allowed them to uplist to NASDAQ. From what I can gather, they expect good outcomes from their drug trials and they will then be in a stronger negotiating position.

At this point, the only way for the investing public to participate in QSAM’s potential future success is to purchase shares in the open market… or possibly participate in some future share offering of it becomes available to the public.