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Quinsam Capital Corp C.QCA

Alternate Symbol(s):  QCAAF

Quinsam Capital Corporation is a merchant bank with a focus on small-cap investments. 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 may encompass a wide range of activities including acquisitions, advisory services, lending activities and portfolio investments. It invests its capital for 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

Comment by theinvestor22on Dec 17, 2020 9:08am
119 Views
Post# 32126726

RE:RE:RE:RE:RE:RE:RE:trade Halt, anyone know why?

RE:RE:RE:RE:RE:RE:RE:trade Halt, anyone know why?You might be right.  Empower last traded price $.27.  Price at end of Q3 $.04.  And...this from Quinsam's Q3 MD&A:

Empower Clinics Inc. (Arizona, Florida, Illinois, Nevada, Oregon, Washington)
 
In March 2018, Quinsam subscribed for shares of Empower Clinics Inc. (“Empower”) for $310,000 through a private placement. In September 2018, the Company also subscribed for $250,000 of Empower’s unsecured convertible debentures which bear interest at 7% per annum, payable on maturity which is one year from closing. On maturity, the debentures will be automatically converted at $0.18, into units consisting of one common share and one warrant exercisable at $0.19 for one year from the maturity date. In 2020, the Company and Empower settled the maturity proceeds through issuance of more than 4 million units. Empower is a multi-state vertically integrated operator of health and wellness company operating networks of physician-staffed wellness clinics that are focused on helping patients improve and protect their health, through innovative physician recommended treatment options. It is focused on helping patients improve and protect their health, through innovative physician recommended treatment options. Empower also provides COVID-19 testing services to consumers and businesses as part of a four-phased nationwide testing initiative in the US.


Iseevalue wrote: Really hoping to see some news soon here. It may have something to do with Empower clinics as they're halted as well. 


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