QS Energy Inc (QSEP)

[Zepellin]

I suspect you could have waited a bit and got the same shares at 0.07 rather than 0.0997.

First, there just isn't enough volume on this stock for a proper market price to be arrived at. Unless there are thousands of trades a day and thousands of buyers and sellers, the "true" market value is not expressed in PPS. It could be much higher, or indeed much lower, even as low as nothing. Volume is king in arriving at a PPS, and QSEP has never had volume. Not enough people are interested in it and as such PPS is not of concern as it cannot express a market value until there is a true market. If you had to value it, it will just be assets, so pretty much nada if you point out that all the patents so far haven't turned a dime and it hasn't even got a plot of land.

Second, and more importantly, this crashing price - if it stays in these depressed levels - means that the companies life blood is drying up. Its a straight fact that its raised all its money even recently by selling shares. Warrant buyers will want to be able to buy them with a sense of stability to ensure they can sell them on at a profit, with prices hitting 0.07, there is little wiggle room. Paint it how you like, this is a major problem for a company that raises money through private sales. Can it sell warrants now at 5c?