Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The latest PR below is about the PRESENT, NOW & the FUTURE.
FACT. SOUTHEAST ASIA'S LEADING ENERGY PRODUCER wants the PROVEN AOT.
https://ir.qsenergy.com/press-releases/detail/2060
QS ENERGY AND VIPS PETROLEUM WITH SOUTHEAST ASIA'S LEADING ENERGY PRODUCER
Management Completes Phase Three of Four (MOU), Poised for the Final Phase of Customer Contract
TOMBALL, TX / ACCESSWIRE / September 26, 2024 / QS Energy, Inc. (OTCQB:QSEP), a leader in oil transport technology, is pleased to announce the signing of a Memorandum of Understanding (MOU) with VIPS Petroleum, furthering their strategic partnership with one of Southeast Asia's premier energy producers and its state-owned oil and gas corporation. This MOU lays the groundwork for the commercialization of QS Energy's Applied Oil Technology (AOT) unit in collaboration with the government-backed oil and gas giant, marking a major step in the company's continued global expansion.
This agreement builds on the momentum established in QS Energy's previous announcement regarding its partnership with VIPS Petroleum, focused on enhancing oil transport efficiency. As outlined in the last update, the joint efforts are progressing on schedule, with key milestones being reached that position QS Energy for substantial growth. This partnership underscores the importance of new energy solutions in emerging markets and highlights the growing demand for the company's cutting-edge technology.
Wholesale Agreement
The signed MOU is structured as a wholesale pass-through agreement, designed to facilitate seamless integration of the AOT unit within the region's energy infrastructure. This approach ensures flexibility while accommodating the intricate needs of the energy landscape. Further details will follow as QS Energy and VIPS Petroleum work closely with their Southeast Asian partners to finalize the agreement's scope and implementation.
Three Revenue Silos: A Comprehensive Financial Framework
This agreement outlines a robust three-tier revenue model, consisting of:
1. Upfront Payments: Initial financial commitments that secure the deployment of the AOT units.
2. Sales and Lease Agreements: Structured lease contracts that allow for flexible financing options, ensuring the units are protected while also generating revenue through ongoing sales.
3. Royalty and Ancillary Revenues: Additional revenue streams will be realized through royalty payments and ancillary services, including transportation add-ons that complement the AOT unit's core function.
This comprehensive framework not only generates revenue but also secures long-term financial growth for QS Energy.
Financing the Future
The lease component of the agreement provides the necessary financial structure to facilitate the protection and deployment of AOT units within the national oil infrastructure of Southeast Asia. This innovative lease model allows for the financing of units while safeguarding QS Energy's intellectual property and operational integrity, ensuring a stable return on investment. The revenue model further strengthens the company's position for future growth and investment opportunities.
Announcement Timeline
QS Energy anticipates in the coming weeks that it will be in a position to formally announce the identity of the major customer, solidifying both the wholesale and retail aspects of the agreement. This significant update will reflect the culmination of joint efforts with VIPS Petroleum and their regional partners.
As QS Energy moves closer to finalizing these agreements, the company remains committed to transparency and will continue to update shareholders as developments unfold. With the Southeast Asian market opening new doors, the partnership with VIPS Petroleum and the national energy entity is set to drive both companies toward unprecedented success.
About VIPS Petroleum
VIPS Petroleum is an industry leader providing innovative petroleum solutions and exceptional service. Committed to leveraging advanced technologies, VIPS Petroleum aims to enhance the performance and sustainability of its operations. For more information, visit www.vipspetroleum.co.
For further information about QS Energy, Inc., visit https://www.qsenergy.com/, read our SEC filings at https://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at https://ir.stockpr.com/qsenergy/email-alerts to receive Company news and shareholder updates.
Safe Harbor Statement
Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: https://www.qsenergy.com/site-info/disclaimer
About Applied Oil Technology
QS Energy's patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipeline flow, with full remote monitoring and control. More information is available online at www.qsenergy.com.
About QS Energy
QS Energy, Inc. (OTCQB:QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is available at www.qsenergy.com.
Company Contact:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com
Sales: sales@qsenergy.com
SOURCE: QS Energy, Inc.
But wait, according to the “experts”, I thought this was supposed to be just a “simple leak test” ? Wonder why they would need to run the device at 40KV for a “simple leak test?” I guess we can also throw the “going against the laws of mother nature” claim out the window as well (I still laugh at that one). Looking forward to exposing more of the continued lies against the company....meanwhile I’ll continue loading up while the price is at a bargain rate.
https://s3.amazonaws.com/content.stockpr.com/qsenergy/files/news/2022/Successful_Hydrostatic_Test_Complete_December_30_2022.pdf
NAKED SHORT SELLING gets reported differently & isn't part of Finra reporting. Experts that know their job tell me there is a HUGE SHORT position in QS.
This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read and understand public filings.
As QS is getting closer & closer to SUCCESS with the PROVEN AOT, those that are SHORT big time on QS seem to be getting more & more desperate with their CONTINUED LIES.
I would NOT want to be SHORT on QS Energy. I notice the SHORT POSITION in QS Energy is increasing as per the EVIDENCE in the short report below.
https://otcshortreport.com/company/QSEP?index=qsep&action=view#.Vc0xR17ovIU
The below is so TRUE in regards to QSEP
If authorities don't believe lies told by uneducated fools with a low IQ, compulsive liar's, cowards, grubs, failed crypto Cardano traders, tax cheats, paid bashers or fraudsters, nor do I
This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read and understand public filings.
Hmm Saudi Arabia, could that be with Saudi Aramco ? The PROVEN AOT is going GLOBAL
QSEP Name change to "Recycled Rinse-Repeat Bullshit" company.
The latest PR below is about the PRESENT, NOW & the FUTURE.
FACT. SOUTHEAST ASIA'S LEADING ENERGY PRODUCER wants the PROVEN AOT.
https://ir.qsenergy.com/press-releases/detail/2060
QS ENERGY AND VIPS PETROLEUM WITH SOUTHEAST ASIA'S LEADING ENERGY PRODUCER
Management Completes Phase Three of Four (MOU), Poised for the Final Phase of Customer Contract
TOMBALL, TX / ACCESSWIRE / September 26, 2024 / QS Energy, Inc. (OTCQB:QSEP), a leader in oil transport technology, is pleased to announce the signing of a Memorandum of Understanding (MOU) with VIPS Petroleum, furthering their strategic partnership with one of Southeast Asia's premier energy producers and its state-owned oil and gas corporation. This MOU lays the groundwork for the commercialization of QS Energy's Applied Oil Technology (AOT) unit in collaboration with the government-backed oil and gas giant, marking a major step in the company's continued global expansion.
This agreement builds on the momentum established in QS Energy's previous announcement regarding its partnership with VIPS Petroleum, focused on enhancing oil transport efficiency. As outlined in the last update, the joint efforts are progressing on schedule, with key milestones being reached that position QS Energy for substantial growth. This partnership underscores the importance of new energy solutions in emerging markets and highlights the growing demand for the company's cutting-edge technology.
Wholesale Agreement
The signed MOU is structured as a wholesale pass-through agreement, designed to facilitate seamless integration of the AOT unit within the region's energy infrastructure. This approach ensures flexibility while accommodating the intricate needs of the energy landscape. Further details will follow as QS Energy and VIPS Petroleum work closely with their Southeast Asian partners to finalize the agreement's scope and implementation.
Three Revenue Silos: A Comprehensive Financial Framework
This agreement outlines a robust three-tier revenue model, consisting of:
1. Upfront Payments: Initial financial commitments that secure the deployment of the AOT units.
2. Sales and Lease Agreements: Structured lease contracts that allow for flexible financing options, ensuring the units are protected while also generating revenue through ongoing sales.
3. Royalty and Ancillary Revenues: Additional revenue streams will be realized through royalty payments and ancillary services, including transportation add-ons that complement the AOT unit's core function.
This comprehensive framework not only generates revenue but also secures long-term financial growth for QS Energy.
Financing the Future
The lease component of the agreement provides the necessary financial structure to facilitate the protection and deployment of AOT units within the national oil infrastructure of Southeast Asia. This innovative lease model allows for the financing of units while safeguarding QS Energy's intellectual property and operational integrity, ensuring a stable return on investment. The revenue model further strengthens the company's position for future growth and investment opportunities.
Announcement Timeline
QS Energy anticipates in the coming weeks that it will be in a position to formally announce the identity of the major customer, solidifying both the wholesale and retail aspects of the agreement. This significant update will reflect the culmination of joint efforts with VIPS Petroleum and their regional partners.
As QS Energy moves closer to finalizing these agreements, the company remains committed to transparency and will continue to update shareholders as developments unfold. With the Southeast Asian market opening new doors, the partnership with VIPS Petroleum and the national energy entity is set to drive both companies toward unprecedented success.
About VIPS Petroleum
VIPS Petroleum is an industry leader providing innovative petroleum solutions and exceptional service. Committed to leveraging advanced technologies, VIPS Petroleum aims to enhance the performance and sustainability of its operations. For more information, visit www.vipspetroleum.co.
For further information about QS Energy, Inc., visit https://www.qsenergy.com/, read our SEC filings at https://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at https://ir.stockpr.com/qsenergy/email-alerts to receive Company news and shareholder updates.
Safe Harbor Statement
Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: https://www.qsenergy.com/site-info/disclaimer
About Applied Oil Technology
QS Energy's patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipeline flow, with full remote monitoring and control. More information is available online at www.qsenergy.com.
About QS Energy
QS Energy, Inc. (OTCQB:QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is available at www.qsenergy.com.
Company Contact:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com
Sales: sales@qsenergy.com
SOURCE: QS Energy, Inc.
But wait, according to the “experts”, I thought this was supposed to be just a “simple leak test” ? Wonder why they would need to run the device at 40KV for a “simple leak test?” I guess we can also throw the “going against the laws of mother nature” claim out the window as well (I still laugh at that one). Looking forward to exposing more of the continued lies against the company....meanwhile I’ll continue loading up while the price is at a bargain rate.
https://s3.amazonaws.com/content.stockpr.com/qsenergy/files/news/2022/Successful_Hydrostatic_Test_Complete_December_30_2022.pdf
NAKED SHORT SELLING gets reported differently & isn't part of Finra reporting. Experts that know their job tell me there is a HUGE SHORT position in QS.
This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read and understand public filings.
As QS is getting closer & closer to SUCCESS with the PROVEN AOT, those that are SHORT big time on QS seem to be getting more & more desperate with their CONTINUED LIES.
I would NOT want to be SHORT on QS Energy. I notice the SHORT POSITION in QS Energy is increasing as per the EVIDENCE in the short report below.
https://otcshortreport.com/company/QSEP?index=qsep&action=view#.Vc0xR17ovIU
The below is so TRUE in regards to QSEP
If authorities don't believe lies told by uneducated fools with a low IQ, compulsive liar's, cowards, grubs, failed crypto Cardano traders, tax cheats, paid bashers or fraudsters, nor do I
This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read and understand public filings.
Hmm Saudi Arabia, could that be with Saudi Aramco ? The PROVEN AOT is going GLOBAL
“Paid basher” wow you have reached a new level of peak stupidity! The shills are easy to spot. Most put “zero”in their ihub moniker and have recommended purchasing this stock at every price point up to 20x current levels! Then they try to hoodwink the stupid with pseudoscience that they can’t even explain. Watch how they evaporate alike all
Idiots before them. Maybe some of you bonehead Qsep investors should study the concept of opportunity cost. Fall in love with a women not a flea ridden pink sheet garbage company who has fleeced every investors that’s ever invested dollar one!
Wholesale and retail ….
Trying to reckon the possibilities of those two in tandem …
As a result of negotiations with VIPS and its
partnerS … plural
VIPS already having 6/now 5 months of exclusive rights …
The Proven Aot is going global. The paid bashers and shorters need to stop making fools out of themselves. The short squeeze is fast approaching..
The latest PR below is about the PRESENT, NOW & the FUTURE. FACT. SOUTHEAST ASIA'S LEADING ENERGY PRODUCER wants the PROVEN AOT.
https://ir.qsenergy.com/press-releases/detail/2060
QS ENERGY AND VIPS PETROLEUM WITH SOUTHEAST ASIA'S LEADING ENERGY PRODUCER
Management Completes Phase Three of Four (MOU), Poised for the Final Phase of Customer Contract
TOMBALL, TX / ACCESSWIRE / September 26, 2024 / QS Energy, Inc. (OTCQB:QSEP), a leader in oil transport technology, is pleased to announce the signing of a Memorandum of Understanding (MOU) with VIPS Petroleum, furthering their strategic partnership with one of Southeast Asia's premier energy producers and its state-owned oil and gas corporation. This MOU lays the groundwork for the commercialization of QS Energy's Applied Oil Technology (AOT) unit in collaboration with the government-backed oil and gas giant, marking a major step in the company's continued global expansion.
This agreement builds on the momentum established in QS Energy's previous announcement regarding its partnership with VIPS Petroleum, focused on enhancing oil transport efficiency. As outlined in the last update, the joint efforts are progressing on schedule, with key milestones being reached that position QS Energy for substantial growth. This partnership underscores the importance of new energy solutions in emerging markets and highlights the growing demand for the company's cutting-edge technology.
Wholesale Agreement
The signed MOU is structured as a wholesale pass-through agreement, designed to facilitate seamless integration of the AOT unit within the region's energy infrastructure. This approach ensures flexibility while accommodating the intricate needs of the energy landscape. Further details will follow as QS Energy and VIPS Petroleum work closely with their Southeast Asian partners to finalize the agreement's scope and implementation.
Three Revenue Silos: A Comprehensive Financial Framework
This agreement outlines a robust three-tier revenue model, consisting of:
1. Upfront Payments: Initial financial commitments that secure the deployment of the AOT units.
2. Sales and Lease Agreements: Structured lease contracts that allow for flexible financing options, ensuring the units are protected while also generating revenue through ongoing sales.
3. Royalty and Ancillary Revenues: Additional revenue streams will be realized through royalty payments and ancillary services, including transportation add-ons that complement the AOT unit's core function.
This comprehensive framework not only generates revenue but also secures long-term financial growth for QS Energy.
Financing the Future
The lease component of the agreement provides the necessary financial structure to facilitate the protection and deployment of AOT units within the national oil infrastructure of Southeast Asia. This innovative lease model allows for the financing of units while safeguarding QS Energy's intellectual property and operational integrity, ensuring a stable return on investment. The revenue model further strengthens the company's position for future growth and investment opportunities.
Announcement Timeline
QS Energy anticipates in the coming weeks that it will be in a position to formally announce the identity of the major customer, solidifying both the wholesale and retail aspects of the agreement. This significant update will reflect the culmination of joint efforts with VIPS Petroleum and their regional partners.
As QS Energy moves closer to finalizing these agreements, the company remains committed to transparency and will continue to update shareholders as developments unfold. With the Southeast Asian market opening new doors, the partnership with VIPS Petroleum and the national energy entity is set to drive both companies toward unprecedented success.
About VIPS Petroleum
VIPS Petroleum is an industry leader providing innovative petroleum solutions and exceptional service. Committed to leveraging advanced technologies, VIPS Petroleum aims to enhance the performance and sustainability of its operations. For more information, visit www.vipspetroleum.co.
For further information about QS Energy, Inc., visit https://www.qsenergy.com/, read our SEC filings at https://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at https://ir.stockpr.com/qsenergy/email-alerts to receive Company news and shareholder updates.
Safe Harbor Statement
Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: https://www.qsenergy.com/site-info/disclaimer
About Applied Oil Technology
QS Energy's patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipeline flow, with full remote monitoring and control. More information is available online at www.qsenergy.com.
About QS Energy
QS Energy, Inc. (OTCQB:QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is available at www.qsenergy.com.
Company Contact:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com
Sales: sales@qsenergy.com
SOURCE: QS Energy, Inc.
Yes in the coming weeks, shareholders will see a CONTRACT
Great work by engineer Gallagher
Well done ceo Kyte
https://ir.qsenergy.com/press-releases/detail/2060
Thank you VIPS Petroleum for your worldwide contacts
https://ir.qsenergy.com/press-releases/detail/2060
Well done to QS management for getting the job done. The PROVEN AOT is going global
NAKED SHORT SELLING gets reported differently & isn't part of Finra reporting. Experts that know their job tell me there is a HUGE SHORT position in QS.
This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read and understand public filings.
As QS is getting closer & closer to SUCCESS with the PROVEN AOT, those that are SHORT big time on QS seem to be getting more & more desperate with their CONTINUED LIES.
I would NOT want to be SHORT on QS Energy. I notice the SHORT POSITION in QS Energy is increasing as per the EVIDENCE in the short report below.
https://otcshortreport.com/company/QSEP?index=qsep&action=view#.Vc0xR17ovIU
The below is so TRUE in regards to QSEP
If authorities don't believe lies told by uneducated fools with a low IQ, compulsive liar's, cowards, grubs, failed crypto Cardano traders, tax cheats, paid bashers or fraudsters, nor do I
This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read and understand public filings.
Hmm Saudi Arabia, could that be with Saudi Aramco ? The PROVEN AOT is going GLOBAL
“Three Revenue Silos: A Comprehensive Financial Framework
This agreement outlines a robust three-tier revenue model, consisting of:
1. Upfront Payments: Initial financial commitments that secure the deployment of the AOT units.
2. Sales and Lease Agreements: Structured lease contracts that allow for flexible financing options, ensuring the units are protected while also generating revenue through ongoing sales.
3. Royalty and Ancillary Revenues: Additional revenue streams will be realized through royalty payments and ancillary services, including transportation add-ons that complement the AOT unit's core function.
This comprehensive framework not only generates revenue but also secures long-term financial growth for QS Energy.”
Any investor in QS knows this is most detailed the company has ever been publicly about a financial framework regarding a contract with a customer. This tells me that a formal contract and financial terms have been agreed upon. So, there will be revenue, and I have no doubt profits built in. They will receive up front payments, lease payments, as well as royalties* and ancillary revenues*.
If you are invested and not very pleased with this news. You should be. More details on this contract will be following shortly.
This has taken forever and a day, but it might just be worth it. I can only speak for myself, but if I wasn’t invested in QS here I would be buying heavily. GLTA shareholders.
“Wholesale Agreement
The signed MOU is structured as a wholesale pass-through agreement, designed to facilitate seamless integration of the AOT unit within the region's energy infrastructure. “
The company is using specific language here, and it’s on purpose. They are talking about selling to the entire region’s state owned oil companies. The name of the company and the region will be announced shortly.
Absolutely huge news today on QS. This is exactly what I was hoping to see. MOU with details to follow shortly. VIPS has brought AOT to one of Southeast Asia’s state owned oil producers, and a contract it looks like is imminent. A successful execution of the contract means official commercialization for AOT. After a very long wait, this is the news longs should be looking for.
Yes,
Failure is the only thing they have PROVEN to be good at.
Although not funny for shareholders.
QS Energy, Inc. (OTCQB: QSEP), provides the global energy industry with patent-protected industrial equipment designed to deliver measurable performance improvements to crude oil pipelines. Developed in partnership with leading university and crude oil production and transportation entities, QS Energy's high-value solutions address the enormous capacity inadequacies of domestic and overseas pipeline infrastructures that were designed and constructed prior to the current worldwide surge in oil production. In support of our clients' commitment to the responsible sourcing of energy and environmental stewardship, QS Energy combines scientific research with inventive problem solving to provide energy efficiency 'clean tech' solutions to bring new efficiencies and lower operational costs to the upstream, midstream and gathering sectors.
QS Energy's flagship technology is the AOT.
Sign up to QS Energy's email alert list
Developed in partnership with scientists at Temple University in Philadelphia, Applied Oil Technology (AOT) is the energy industry's first pipeline flow improvement solution for crude oil, using an electrical charge to coalesce microscopic particles native to unrefined oil, thereby reducing viscosity. Over the past four years AOT has been rigorously prepared for commercial use with the collaboration of engineering teams at numerous independent oil production and transportation entities interested in harnessing its demonstrated efficacy to increase pipeline performance and flow, drive up committed and uncommitted toll rates for pipeline operators, and reduce pipeline operating costs. Although AOT originally attracted the attention of pipeline operators motivated to improving their takeaway capacity during an historic surge in upstream output resulting from enhanced oil recovery techniques, the technology now represents what we believe to be the premiere solution for improving the profit margins of producers and transporters during today's economically challenging period of low spot prices and supply surplus.
JASON LANE: Chief Executive Officer and Chairman of the Board of the Company
Jason Lane is a veteran of the oil and gas industry with a 20-year track record of procuring and divesting of oil and gas leases, mineral and royalty interests and production in the lower 48 States through his own partnerships and joint ventures. His most recent large transaction includes lease divestitures to Halcon Resources (Woodbine) and Terrace Energy LLC (Woodbine). Previously, Mr. Lane sold Rocky Mountain prospects to Bill Barrett Corp as well as multiple prospects to Chesapeake Energy across East Texas. Additionally, Mr. Lane has operated and or participated in the drilling of wells in Texas, Louisiana, Montana, and Wyoming. He has been the lead on all of his partnerships since 2002, with partners ranging from family offices to hedge funds.
During his career, Mr. Lane has been directly involved in the leasing of over 650,000 prime acres for his partnerships. Also in the royalty field, he has sold multiple royalty packages to NGP portfolio companies, Noble Royalties and other companies and funds. Mr. Lane has also managed up to a 125 Landman operation which was responsible for title and lease acquisition work for several significant companies throughout the United States.
SHANNON RASMUSSEN: VP of Engineering
As co-founder and senior principal of Colorado-based energy consulting firm Citrine Energy, Mr. Rasmussen comes to QS Energy with nearly two decades of experience in the power and oil and gas sectors, with deep expertise in engineering design, project and program management, construction, compliance, and quality. Mr. Rasmussen comes into this new role at QS Energy with critical knowledge of AOT and its demonstrated ability to reduce the viscosity of crude oil -- helping operators increase flow volume, reduce reliance on diluents, relax viscosity requirements, and meet carbon emission reduction goals while decreasing operating costs and improving pipeline efficiency. As a consulting engineer for TransCanada in 2014, Mr. Rasmussen experienced AOT operations first hand; in a similar role for QS Energy over the past two years, he helped spearhead critical design and fabrication improvements that have resulted in significant gains in AOT operating efficiencies, while achieving stable operations on a high-volume high API crude oil pipeline. In addition to his recent on-site consulting with QS Energy, Mr. Rasmussen has served as a project - program manager and consultant for TransCanada Pipelines across a range of compliance-related projects including Keystone, Gulf Coast, KXL, and Energy East Pipelines. Mr. Rasmussen holds a B.S. in Mechanical Engineering from the Colorado School of Mines, is a registered Professional Engineer (PE), and a certified Project Management Professional (PMP). Mr. Rasmussen, along with his wife and three children, are looking forward to relocating to the Houston area.
GARY BUCHLER: Independent director, member of Audit Committee
Gary Buchler is Chief Operating Officer of the Natural Gas Pipeline business unit of Kinder Morgan, Inc. (NYSE: KMI) and operator of one of the largest interstate pipeline systems in the United States. With oversight of a combined annual expense/capital budget of $1.3 billion, Mr. Buchler is responsible for all Engineering, Operations, Environmental, Health and Safety (EHS), and Land Management functions for roughly 70,000 miles of transmission and gathering pipelines. Mr. Buchler is responsible for the day-to-day management of 3,900 employees, evaluation and oversight of expansion projects, and the evaluation of potential acquisitions. As Chief Operating Officer of the KM Gas Pipelines, Mr. Buchler has been instrumental in the acquisition and integration of more than $45 billion in pipeline assets at Kinder Morgan. Mr. Buchler has held various management positions at Kinder Morgan since 1979, including Vice-President Engineering/Operations Pipeline Group, Vice-President Eastern Pipeline Operations, Vice-President Engineering and Operations Kinder Morgan Gas Treating/Kinderhawk Field Services, and Director of Pipeline Integrity. He earned a Bachelor's Degree in Electrical Engineering from the University of Iowa and an MBA from the Keller Graduate School of Management.
DON DICKSON: Independent director
Mr. Dickson returned to Kinder Morgan after working for the company in their natural gas operations for 26 years during which time he served in various capacities including Director of Operations on two major pipeline projects: the 42” Rockies Mountain Express (REX) and the 42” Midcontinent Express Pipeline (MEP). In between his stints at Kinder Morgan, Mr. Dixon served as Chief Executive Officer for Advanced Pipeline Services (APS), which provided a full range of services to the oil and gas industry including new pipeline and facilities construction, horizontal directional drilling and pipeline integrity/rehabilitation. He also was Director of Operations at Tetra Resources where he completed various onshore and offshore oil and gas wells. He also served as a Senior Engineer with Halliburton Services. Mr. Dickson earned his B.S. in Engineering from Oklahoma State University.
THOMAS A. BUNDROS: Independent director
During his extensive career in the energy industry Mr. Bundros has served as chief financial officer and a senior level finance executive with a variety of entities in the oil and gas industry and public utilities sector. In addition to his tenure as Chief Financial Officer at Colonial Pipeline Company, the world’s largest pipeline operator transporting 100 million gallons of refined petroleum products daily across 5,500 miles of pipeline, Mr. Bundros held various financial positions in the Atlanta and New York offices of the Southern Company System, the 16th largest utility company in the world and the fourth largest in the U.S. with over 4 million customers in Alabama, Georgia, Florida, and Mississippi.
Mr. Bundros currently serves as the Chief Executive Officer for Dalton Utilities, a provider of electricity, natural gas, water and telecommunications services to the city of Dalton and portions of northwest Georgia. Mr. Bundros earned his Master of Business Administration in Finance and Bachelor of Science in Economics and Business Administration at the University of North Carolina at Greensboro.
ERIC BUNTING: Independent director
Eric Bunting, M.D. is a board-certified Ear, Nose, and Throat physician, and he is an owner and partner in an independent specialty group. This group has partnered with Wichita Surgical Specialist (“WSS”), which remains one of the country’s largest surgical multispecialty groups. Dr. Bunting has been on the board of directors of WSS for the last 10 years. Dr. Bunting graduated from Kansas University School of Medicine and subsequently received specialty training at Kansas University Medical Center.
Dr. Bunting has many diverse business and entrepreneurial interests. Dr. Bunting has an interest in early startup companies and franchising opportunities. He is an owner and partner in approximately 40 fast-casual restaurant franchises in 10 states. He has board of director experience in the health care industry with multiple ambulatory surgical centers and a radiation center. Dr. Bunting has been an integral part of these boards through merger and acquisition periods. Other interests are in the wine and spirits industry where Dr. Bunting has been involved in a successful spirit start-up, which is poised for an acquisition opportunity. Dr. Bunting has other ongoing active business investments in the evolving internet artificial intelligence industry, as it relates to marketing and advertising.
Dr. Bunting has been an investor in the Company, acquiring a significant number of shares over the last four years. During this period, he has been and will remain an unbiased shareholder advocate looking forward to commercialization, deployment, and eventual profitability for the Company.
RICHARD MUNN: Independent director
Richard W. Munn is one of the top players in the royalty and mineral arena as demonstrated over the last 15 years with 39 years of industry experience. Of note, he managed the royalty acquisition teams at Noble Royalties and other companies, closing on the acquisition of approximately $450 million worth of Royalty and Mineral Interests involving over 50 separate transactions. Mr. Munn has a solid reputation and extensive relationships with private and public U.S.-based energy producers and mineral holders. He has also managed his own exploration and production companies. From 2005 to 2007, Mr. Munn chaired the IPAA Business Development Committee and from 2007 to 2009, he chaired the IPAA Business Development/ Membership Committee. From 2005 to 2007, Mr. Munn chaired the Society of Petroleum Engineers Business Development Committee. In addition, to his network of oil and gas industry relationships, Mr. Munn is a licensed registered professional geologist in Wyoming with a B.A. in Geology from the University of Colorado.
(1) On 8/5/2016 Don Dickson invested $70,000 in a Private Placement offering of convertible notes and warrants.
(2) On 10/13/2016 Don Dickson converted his note into common stock.
(3) On 4/17/2017 Dr. Eric Bunting invested $50,000 in a Private Placement offering of convertible notes and warrants.
(4) On 5/15/17 Richard Munn invested $10,000 in a Private Placement offering of convertible notes and warrants. He immediately converted the notes to common stock.
(5) On 5/15/2017 Richard Munn bought 42,000 shares of common stock in the open market at $0.24 per share.
(6) On 5/31/2017 Thomas Bundros invested $100,000 in a private Placement of convertible notes and warrants. He immediately converted the notes to common stock.
(7) On 7/19/2017 Dr. Eric Bunting invested an additional $40,000 to convert his warrants and stock options into common stock well before their expiration dates.
(8) On 7/30/2017 Don Dickson invested an additional $38,500 to convert warrants into common stock.
(9) On 8/2/2017 Gary Buchler invested $50,000 to buy common stock at market prices and converted all of his vested stock options.
Review Form-3 and Form-4 filings to find the original documents showing these purchases.
*To access and read all official SEC filings, click here.
*Company SEC Filings
*Corporate profile
*Investor tear sheet
- All press releases
- Incoming QS Energy CEO and Chairman Jason Lane's Letter to Shareholders and Board of Directors (MARCH 31, 2017)
- QS Energy CEO Jason Lane Issues Shareholder Update (MAY 25, 2017)
- Veteran Pipeline Infrastructure Engineer Shannon Rasmussen Joins QS Energy To Lead Global Commercialization of AOT Flow Assurance Technology (JUNE 30, 2017)
- World Pipelines: QS Energy: positive evaluation on major crude and condensate pipeline (June 6, 2016)
- Pipeline tech co. moves to Houston, names CEO, directors (June 5, 2017)
- Energy tech CEO: 'The timing is perfect' for commercial phase (June 8, 2017)
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |