QS Energy Inc (QSEP)

[zerosnoop]

ABSOLUTELY FALSE according to the FACTS in the latest 10Q filing. The $580k has been written off by Temple University. It clearly states in the 10Q the deferred amount is $135,000 (not $581,000) until sales exceed $835,000. The 10q filing is as of June 30 2017. The amended Temple University agreement came into force as of July 2017 as per the EVIDENCE below. This was CONFIRMED by the person I spoke to previously at Temple University. This is why I do my own d/d & I only listen to smart attorneys, accountants & stockbrokers who know how to read public filings. NEXT

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12175117


Again, it clearly states in the 10Q the deferred amount is "$135,000" (not $581,000) until sales exceed $835,000.

On July 13, 2017, the Company and Temple University entered into an amendment to the exclusive license agreement related to the Company’s AOT viscosity reduction technology. The amendment defers those outstanding fees in the amount of $135,000 owed by the Company to Temple University under the license agreement, until such time as the Company either receives sales receipts exceeding $835,000 or sublicenses the agreement.