QS Energy Inc (QSEP)

[As I See It]

Tpsully,

You are right, of course. If QSEP is able to sell a commercially viable product then taxes will become an issue regardless of the current loss carry forward. Saving on potential taxes down the road, by moving to Texas is something shareholders should applaud. Since shareholders own stock because they think the company will become profitable, to argue against shareholders acting in what they perceive to be their best interests is just plain silly.

By the way, Sano got the numbers wrong. His numbers overstate QSEP's tax loss carry forward by nearly 100%. The most recent 10K puts the carry forward at $54 million not $100 million. This should not be news to most. I have posted about this specific number several times in the past as a potential offset to some of QSEP's future tax liability.

Texas is one of the most business friendly States in the country. It is the center for much of the energy business in the U.S.. As a shareholder, I am delighted with the move.