QSAM Biosciences, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Commitments and Contingencies (Details Narrative)

v3.7.0.1

Commitments and Contingencies (Details Narrative) - USD ($)		1 Months Ended	12 Months Ended
	Jun. 02, 2015	Jun. 30, 2015	Dec. 31, 2016	Dec. 31, 2015
Proceeds from related party debt			$ 100,100
Options issued			4,410,000	1,076,580
Exercise price per share			$ 0.21	$ 0.30
Director [Member]
Compensation package		$ 4,000	$ 16,000
Options issued		250,000
Vesting period		10 years
Exercise price per share		$ 0.27	$ 0.21
Third Independent Directors [Member]
Compensation package			$ 6,717
Options issued			400,000
Independent Directors [Member]
Compensation package			$ 6,717
Options issued			400,000
Employment Agreement [Member]
Term of agreement			3 years
Effective date of agreement			Jul. 31, 2014
Employment Agreement [Member] \| CEO [Member]
Debt cancelled	$ 28,000
Proceeds from related party debt	$ 99,900
Shares returned to the Company	370,000
Interest forgiven	$ 5,250
Employment Agreement [Member] \| Sudheer Pimputkar [Member]
Term of agreement			1 year
Effective date of agreement			Apr. 01, 2015
Employment agreement			$ 170,000
Cash consideration			13,985
Amount payable			$ 55,938
Restricted stock			372,923
Employment Agreement [Member] \| Maximum [Member] \| CEO [Member]
Employment agreement	180,000
Employment Agreement [Member] \| Minimum [Member] \| CEO [Member]
Employment agreement	$ 138,000

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