Quinsam Capital Corp C.QCA

Alternate Symbol(s): QCAAF

Financial Services Asset Management

Quinsam Capital Corporation is a Canada-based investment and merchant banking company. The Company is focused on the small-cap market with early-stage investments in the technology, healthcare, mining exploration, e-sports, and cannabis markets. The Company’s business encompasses a range of activities including acquisitions, advisory services, lending activities and portfolio investments. It invests its capital in its own account in assets, companies or projects. The Company does not invest on behalf of any third-party and does not offer investment advice.

CSE:QCA - Post by User

Quinsam Capital Corp > hopefully we hear results this week....

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Comment by mercedesmanon Nov 30, 2022 10:14am

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Post# 35139522

RE:RE:RE:hopefully we hear results this week....

Note 11

Concentration Risk

As at September 30, 2022, cannabis-related investments accounted for approximately 58% of the Company’s investments portion (December 31, 2021 – 61%).

(Was hoping closer to 50% but the sector is so beaten down, any sign of hope re: US regulation, will create a massive pop in share values)

Other things noticed...

Number of shares o/s (Sept 30) 98,425,095 (down about 5M from a year ago - due to buybacks)

Cash 1,084k
Receivables 2,164 (mostly accrued interest on loans)
Total Liabilities 859k

Room for buybacks and dividends to continue..especially since they are not buying much.

MM