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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 cgytraderon Nov 19, 2021 12:33pm
107 Views
Post# 34146250

RE:RE:RE:RE:Earnings

RE:RE:RE:RE:Earnings@RonPiano:

Per Oct 28, 2021 news Release:

"AgriForce Acquisition

On October 27, 2021, AgriForce announced the signing of a definitive agreement to acquire a large and EBITDA-positive European agricultural consultancy. The shares rose sharply on the news on over 200 million shares of trading volume. Quinsam had retained its 353,473 shares of AgriForce going into this announcement. While we note that we have escrow agreements covering a large proportion of our shares, we did take advantage of the activity to sell our 69,252 free trading shares at an average price of US$3.44."

So....Still own 284,221 shares I believe (353,473 less 69,252). Some of these shares are in Escrow or under a locked-in period and cannot be sold. I am not sure when they release bu they definitely didn't sell when it sky-rocketed to $7ish but still got some profits. Hopefully AGRI continues to grow so when the lock-in period expires Roger can realize a good gain.

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