QS Energy Inc (QSEP)

[mr_sano]

"
The fuel injector fees will also likely be based on sales as well going forward, as $QSEP and Temple are currently renegotiating that agreement as well. So, I would not be surprised if zerosnoop is accurate and that the $581,000 has indeed been written off, the agreement has clearly been renegotiated. The most important thing is that Temple is obviously working with $QSEP, and $QSEP is rest assured to continue to have the rights to the AOT technology. "

Lol! Well again Qsep is not a private company. They cannot Willy nilly decide to write off debt and not announce it or selectively disclose to certain individuals that would mean jail time..besides Temple would also look like crap for letting a weasel penny stock skate off without paying it's license agreements. I can read the disclosures and that debt has not been written off in any shape or form. Saying that it's "likely" written off does not make it factual. Also there has been no shift to a commission on sales only agreement. The maintenance fees continue annually. These are reoccurring and have not been amended. I would expect that Temple will bump up these yearly fees on its viscosity reduction in exchange for termination of the license for the fuel injection. Close to a Million is still owed no matter if some of it is "deferred".