Quinsam Capital Corp C.QCA

Why I am invested in Quinsam Capital

[Ocean1]

I have been a long time shareholder of the Company but did take the opportunity to sell my holdings at cannabis-driven euphoric levels.  During this phase present management did not sell a nickel of their stock but did raise a lot of capital, which they had not been able to do previously.  Fast forward to 2020, the Company had way more assets and when it became clear it was transitioning from a cannabis only investment vehicle I became interested again. To date I have bought a larger position than before within a value-based portfolio and continue to buy under 20 cents.  I believe 2021-2022 will be the year we see renewed traction in the NAV and share price.

Bottom line: I view Quinsam as a business in transition.  It's lundervalued, has many assets/capital, issuer bid and CEO buying lots of stock, shareholders get paid a dividend to wait and has competent, not greedy management.  I see little downside risk at present levels and the shares will continue to float up with an improving NAV. There is a time and place for promotion but for now I support the Company's progress. As in the fable of the tortoise and the hare my money is on Quinsam.