Cannabis Report
Home > Boards > US OTC > Alternative Energy >

Q2Earth Inc. (QPWR)

QPWR RSS Feed
Add QPWR Price Alert      Hide Sticky   Hide Intro
Moderator: ChuckFinley305
Search This Board: 
Last Post: 7/12/2018 12:14:12 PM - Followers: 9 - Board type: Free - Posts Today: 0

Q2Power Technologies Inc.

Website: http://www.q2p.com/   Facebook: https://www.facebook.com/Q2Power-793829433999847/   Twitter: https://twitter.com/q2power

Business:
After June 2016: Looking for opportunities to enter the commercial composting business.  Their only activity currently is negotiating the acquisition of ERTH Companies under a Letter of Intent (source: Q2 10-q, pg 23). ERTH operates a composting facility outside of Plains, Georgia.
Before June 2016: Developing and selling small alternative energy electrical generators (e.g., 10 kW) that are powered either by industrial waste heat or by burning waste oil or methane produced in landfills and sewage treatment plants. This was called the "Waste to Power" system.  Employees working on this technology were terminated on May 27th (source: Q2 10-q, pg 21) and the lease on the work space ended.  Only one system had been sold, and it was never delivered.  Details summarized in this message.

CEO: Christopher Nelson, formerly President of Cyclone Power Technologies (CYPW)
 
Staff as of April 14, 2016
Staff as of August 22, 2016
(from Q2 2016 Quarterly Report)
Staff as of March 1, 2017
(from 8K)
Staff as of April 9th, 2018
(from 10-K)
- Christopher Nelson, CEO
- Michelle Murcia, CFO (as consultant rather than employee)
- Douglas Hutchinson, COO
- Sudheer Pimputkar, CTO
- Gerald Fly, VP Power Systems
- Nathan Hawkins, VP Production (part time)
- Eric Schacht, VP Systems Engineering
- Packy Underwood, Sr. Technician
- one unnamed part time employee
- Christopher Nelson, CEO
- Michelle Murcia, CFO (as consultant rather than employee)
- Sudheer Pimputkar, CTO
- one other administrative consultant
- two technical consultants
 
- Christopher Nelson, CEO






(Michelle Murcia, CFO had resigned, unknown if there are any other employees.)
               - Christopher Nelson
               - Kevin Bolin

          1 unnamed part time employee
       













SEC Filings: http://www.otcmarkets.com/stock/QPWR/filings

Locations:
- CEO Office: 420 Royal Palm Way, Suite 100, Palm Beach, Florida, shared with Greenblock Capital (Christopher Nelson is Managing Director of Greenblock Capital).
- Former company operation at: 1858 Cedar Hill Rd, Lancaster, Ohio closed June 27, 2016

Defaults upon Senior Securities (source: Q2 10-q, pg 33)
- "As of August 1, 2016, the Company was in default under its two Original Issue Discount Senior Secured Convertible Debentures, which matured on July 31, 2016."
- "As of July 16, 2016, the Company was in default under its 120-day term loan in the principal amount of $150,000."

Controversial Statements:  Although their Waste-to-Power system has never been demonstrated to work, Q2Power makes statements as if it works well enough to be a viable product.  For instance:
- Q2Power homepage (accessed August 24, 2016): "WE CONVERT BIOGAS TO RENEWABLE DISTRIBUTED POWER FROM THESE SOURCES:WASTE WATER; GARBAGE; ANIMAL WASTE"
- August 23, 2016 press release: "Q2Power's current pilot staged combined heat and power (CHP) technology can be deployed with minimal time and expense at thousands of small-scale facilities that must dispose of waste such as methane, biogas and other used fuels at increasingly greater costs and regulatory burdens."
-
Facebook Overview page (accessed August 24, 2016): "Q2P converts biogas and other waste energy into renewable distributed power."

Shares Issued:
- 15,389,829 shares issued and outstanding at December 31, 2014
- 70,689,631 shares issued and outstanding at September 30, 2015
- August 5, 2015: 1 for 7 reverse split
- 27,802,622 shares issued and outstanding at April 14, 2016
- 29,551,431 shares issued and outstanding at August 19, 2016
- 48,384,009 shares issued and outstanding at April 9th, 2018
:    

Previous Ticker: APGR (Anpath Group) until December 11, 2015
Cannabis Report
QPWR
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
QPWR News: Statement of Changes in Beneficial Ownership (4) 06/15/2018 05:48:46 PM
QPWR News: Statement of Changes in Beneficial Ownership (4) 06/05/2018 04:50:16 PM
QPWR News: Quarterly Report (10-q) 05/15/2018 05:44:38 PM
QPWR News: Annual Report (10-k) 04/09/2018 05:33:30 PM
QPWR News: Current Report Filing (8-k) 04/03/2018 09:16:56 AM
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
PostSubject
#355   lmao I saw that too $QPWR jjr04001 07/12/18 12:14:11 PM
#354   Did you just make that 1 share trade? lol ChuckFinley305 07/11/18 02:44:23 PM
#353   I'm still here. $QPWR jjr04001 07/11/18 12:57:52 PM
#352   75% of your investment is gone in a ChuckFinley305 05/31/18 02:39:44 PM
#351   This did pretty much exactly what I said ChuckFinley305 05/22/18 04:15:26 PM
#350   Expect massive dilution to start...Now! BuddyWhazhizname 05/16/18 10:12:05 AM
#349   The whole QPWR story in a nutshell:Included in BuddyWhazhizname 05/07/18 10:54:33 AM
#348   I honestly appreciate your skepticism as it keeps TheDeacon00 04/03/18 11:27:54 AM
#347   Today's PR almost says word for word what ChuckFinley305 04/03/18 11:04:00 AM
#346   Understand your point of view. I agree that TheDeacon00 03/28/18 02:45:31 PM
#345   The only upcoming news will be the late ChuckFinley305 03/28/18 02:38:00 PM
#344   I have a feeling shareholders are either going TheDeacon00 03/28/18 01:00:55 PM
#343   The lack of communication is unacceptable at this TheDeacon00 03/26/18 05:17:15 PM
#342   Can't believe I have to average down on jjr04001 03/26/18 04:55:07 PM
#341   There is over 30 million shares outstanding as ChuckFinley305 03/16/18 03:57:52 PM
#340   I agree for now but they need to TheDeacon00 03/16/18 09:13:30 AM
#339   I still see this hitting $2. Remember, jjr04001 03/16/18 04:55:02 AM
#338   That's like saying the price will continue to ChuckFinley305 02/27/18 02:22:35 PM
#337   You're right until you are not anymore. Risk TheDeacon00 02/26/18 08:33:47 PM
#336   20+ days since anyone posted here... multiple ZERO ChuckFinley305 02/26/18 07:48:54 AM
#335   It's going to be a lovely ride $QPWR jjr04001 02/25/18 03:15:04 PM
#334   $2 coming $QPWR jjr04001 02/25/18 03:10:38 PM
#333   I am almost finished loading cheapie!!! copleybmt 02/05/18 02:56:31 PM
#332   Loading zone copleybmt 02/05/18 02:30:29 PM
#331   Hello anybody out there? copleybmt 02/05/18 02:07:16 PM
#330   Cheapie going fast copleybmt 02/05/18 02:05:46 PM
#329   Up 43% today copleybmt 02/05/18 02:00:13 PM
#328   Market cap on the cheap for now copleybmt 02/05/18 01:56:25 PM
#327   2018 should be a great year for QPWR copleybmt 02/05/18 01:56:01 PM
#326   Any news will pop this stock nicely copleybmt 02/05/18 01:55:15 PM
#325   Finally it wakes up! copleybmt 02/05/18 01:49:56 PM
#324   Volume is starting to pick up copleybmt 02/05/18 01:49:11 PM
#323   Looks like it is waking up! copleybmt 02/05/18 01:48:27 PM
#322   Volume spike. Is it finally time? TheDeacon00 02/05/18 01:07:09 PM
#321   Zero trades for several days should be enough ChuckFinley305 02/01/18 01:49:48 PM
#320   Loading up at these cheap prices (hopefully the copleybmt 01/23/18 04:46:34 PM
#319   I'm not going to go back and forth TheDeacon00 01/23/18 12:06:40 PM
#318   That was Chris Nelson's MO at Cyclone Power BuddyWhazhizname 01/23/18 11:46:33 AM
#317   Yes they are a shell company right now TheDeacon00 01/12/18 11:09:09 AM
#316   Q2P would have to match any funding with ChuckFinley305 01/12/18 11:00:10 AM
#315   They have a deal to provide up to TheDeacon00 01/11/18 03:52:38 PM
#314   Interesting rate of dilution going on. BuddyWhazhizname 01/09/18 02:02:33 PM
#313   I'm just here sitting back and watching y'all ChuckFinley305 01/05/18 04:24:28 PM
#312   Loaded the boat now lets get er done!!! copleybmt 01/05/18 02:43:22 PM
#311   This seems like a very interesting possible gem TheDeacon00 01/04/18 05:42:29 PM
#310   Pinch confirmed in the TRIX, MACD and PMO! jjr04001 01/04/18 04:19:30 PM
#309   Any day now, my friend. $QPWR jjr04001 01/03/18 09:20:51 PM
#308   I say we fly next week or the jjr04001 12/23/17 11:11:15 AM
#307   Still very happy with my .16s, and plan jjr04001 12/21/17 06:16:51 PM
#306   Think it was too late? ChuckFinley305 12/21/17 04:33:27 PM
PostSubject