Quinsam Capital Corp C.QCA

EMPOWER CLINICS $CBDT turning in to huge miss

[noremac50]

Roger was very pleased to announce they sold almost all Quinsam's CBDT position for a $500k gain, after it was only valued at $8K prior.
At what price avg? my guess is, at best, .30 avg.
it printed $1.62 today...
that $2M+ difference is 10% of our current marketcap.
oh well, win some, lose some.

[RonPiano]

Wouldn't call 8k > 500k a 'loss'

[noremac50]

Neither would I. The loss was Roger not seeing the share price potential, it's magnified by him being an insider and expert. I'm bullish. Just pointing out a missed opportunity.

[cgytrader]

Well...This is what was in the December 17, 2020 news release: "...We have disposed of the great majority of the resultant shares already, resulting in a profit of approximately $500,000." Meaning, they still held some. If the total value of the 4,000,000 warrants not yet disposed of, and having exercised at an average strike price of $0.14/warrant (some at $0.12 and some at $0.16 per

[noremac50]

Agree on many fronts. I also hope Roger kept more shares back. But he seemed very happy to be selling on that run up to .40. Their portfolio is littered with these kinds of gains on many investments. I think they pump the entire sector leading up to 420/spring/summer.