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They've been smoking their own magic glass pipe. Where did all the other cultists go? Did they just die off from old age waiting this thing out?
You're right, the authorities DIDN'T believe lies told by uneducated fools with a low IQ, compulsive liar's, cowards, grubs, tax cheats, paid bashers or fraudsters. In fact the SEC halted the company and told Beggar he couldn't lie anymore about it being proven. However, some continue to carry on those same lies so I guess that makes them those adjectives.
Nice self own lol!
Yup.. feeble attempt to look like more supporters.. oh.. a whole two delusional spammers.. must be a great stock!
https://www.sec.gov/oiea/Complaint.html
Maybe 'ol Cecil is going for his 'unconventional' salesforce that he stated he had for the Elektra.. After all, that worked out so well why not do the same thing here?
A bit of a red flag when the CEO doesn't give an update, says nothing about viability or the future, but tells bagholders to 'have faith' lol! But it's probably the only thing truthful he says.. at this point these aren't 'investors', but cultists.
Wow.. filings from 8 years ago.. guess you like that history right? But sadly ignore the most important parts. How's that working out?
Highlighted for the reading adverse.
"As of December 31, 2023, the Company had one full-time employee" lol!
"The commercial viability of QS Energy’s technologies remains largely unproven and we may not be able to attract customers." So much for the 'proven' lie.
"Despite the fact that we leased AOT equipment in 2014 to a major oil pipeline operator and tested the equipment on their high-volume pipeline under normal operating conditions, entered into a lease agreement with a second major oil pipeline operator to operate and test AOT equipment in 2015, and have initiated a project to demonstrate our AOT technology on a commercial pipeline in 2019, the commercial viability of our devices is not known at this time" B-bb-bb-but I thought these guys had all this data from these tests lol?
"The Kinder Morgan Lease is currently in suspension and there are no current plans to resume the lease or reinstall an
AOT device at a Kinder Morgan facility." Didn't Cecil imply these guys were still interested? I know pundits certainly did.. Doesn't look like that was true either.
"Notwithstanding our efforts, the AOT system continues to be non-operational under normal operating conditions" WOW.. just wow.. And here it is folks. Grid shorts, get a new grid. That one shorts as well. Put old grid back in. Everything fails when the pressure is ramped up, yet management has never stated this. So they re-work the blind flange, and that made no difference.
"Executing on this plan, our team removed the modified grid pack and re-installed the original grid pack assembly in the AOT. After removal, our engineers performed a detailed inspection of the modified grid pack. Inconsistent with our expectations, no damage to the modified grid pack was found during this inspection, leaving the cause of the most recent electrical short circuit undiagnosed.
We have tested and attempted to operate the AOT under a variety of conditions. We have been able to bring the system up to high voltage under static “shut-in”
conditions; however, as reported above, the system continued to shut down due to an electrical short circuit when operated under pressure. In simple terms, as also reported
above, this means we can flood the system with crude oil, shut-in the system by closing the intake and outtake valves isolating the system from the pipeline’s operating
pressure, and power up the system in excess of 10,000 volts. Once the valves are opened and the system is subjected to the pipeline’s operating pressure, the system develops an
electrical short circuit and shuts down. Because of our inability to fully diagnose the cause of our current electrical problems, we can provide no assurances that we will not face other operational issues after completing a full diagnosis and evaluation of our technology." That pretty much says it all folks.
Imagine reading this and thinking this is still a good play..
'Proven'... lol!
It's actually from the most recent filing. You need to get the rose color on your glasses doubled up if you deny this.
You conveniently left out the part about when it was pressured up, that it shorted, and they at this present time, have no clue as to why, and that every partner they tried this with, is no longer interested in it.
Highlighted for the reading adverse.
"As of December 31, 2023, the Company had one full-time employee" lol!
"The commercial viability of QS Energy’s technologies remains largely unproven and we may not be able to attract customers." So much for the 'proven' lie.
"Despite the fact that we leased AOT equipment in 2014 to a major oil pipeline operator and tested the equipment on their high-volume pipeline under normal operating conditions, entered into a lease agreement with a second major oil pipeline operator to operate and test AOT equipment in 2015, and have initiated a project to demonstrate our AOT technology on a commercial pipeline in 2019, the commercial viability of our devices is not known at this time" B-bb-bb-but I thought these guys had all this data from these tests lol?
"The Kinder Morgan Lease is currently in suspension and there are no current plans to resume the lease or reinstall an
AOT device at a Kinder Morgan facility." Didn't Cecil imply these guys were still interested? I know pundits certainly did.. Doesn't look like that was true either.
"Notwithstanding our efforts, the AOT system continues to be non-operational under normal operating conditions" WOW.. just wow.. And here it is folks. Grid shorts, get a new grid. That one shorts as well. Put old grid back in. Everything fails when the pressure is ramped up, yet management has never stated this. So they re-work the blind flange, and that made no difference.
"Executing on this plan, our team removed the modified grid pack and re-installed the original grid pack assembly in the AOT. After removal, our engineers performed a detailed inspection of the modified grid pack. Inconsistent with our expectations, no damage to the modified grid pack was found during this inspection, leaving the cause of the most recent electrical short circuit undiagnosed.
We have tested and attempted to operate the AOT under a variety of conditions. We have been able to bring the system up to high voltage under static “shut-in”
conditions; however, as reported above, the system continued to shut down due to an electrical short circuit when operated under pressure. In simple terms, as also reported
above, this means we can flood the system with crude oil, shut-in the system by closing the intake and outtake valves isolating the system from the pipeline’s operating
pressure, and power up the system in excess of 10,000 volts. Once the valves are opened and the system is subjected to the pipeline’s operating pressure, the system develops an
electrical short circuit and shuts down. Because of our inability to fully diagnose the cause of our current electrical problems, we can provide no assurances that we will not face other operational issues after completing a full diagnosis and evaluation of our technology." That pretty much says it all folks.
'Proven'... lol!
Imagine being an 'investor', who in spite of black and white documentation showing this doesn't work, instead cherry picks all the parts around those statements to be able to keep their rose colored view intact.. for what point as it wouldn't save the 'investment' lol.. That wouldn't really be an investor, but more of a paid shill I guess, or as is known in most circles, a pumper.
Highlighted for the reading adverse.
"As of December 31, 2023, the Company had one full-time employee" lol!
"The commercial viability of QS Energy’s technologies remains largely unproven and we may not be able to attract customers." So much for the 'proven' lie.
"Despite the fact that we leased AOT equipment in 2014 to a major oil pipeline operator and tested the equipment on their high-volume pipeline under normal operating conditions, entered into a lease agreement with a second major oil pipeline operator to operate and test AOT equipment in 2015, and have initiated a project to demonstrate our AOT technology on a commercial pipeline in 2019, the commercial viability of our devices is not known at this time" B-bb-bb-but I thought these guys had all this data from these tests lol?
"The Kinder Morgan Lease is currently in suspension and there are no current plans to resume the lease or reinstall an
AOT device at a Kinder Morgan facility." Didn't Cecil imply these guys were still interested? I know pundits certainly did.. Doesn't look like that was true either.
"Notwithstanding our efforts, the AOT system continues to be non-operational under normal operating conditions" WOW.. just wow.. And here it is folks. Grid shorts, get a new grid. That one shorts as well. Put old grid back in. Everything fails when the pressure is ramped up, yet management has never stated this. So they re-work the blind flange, and that made no difference.
"Executing on this plan, our team removed the modified grid pack and re-installed the original grid pack assembly in the AOT. After removal, our engineers performed a detailed inspection of the modified grid pack. Inconsistent with our expectations, no damage to the modified grid pack was found during this inspection, leaving the cause of the most recent electrical short circuit undiagnosed.
We have tested and attempted to operate the AOT under a variety of conditions. We have been able to bring the system up to high voltage under static “shut-in”
conditions; however, as reported above, the system continued to shut down due to an electrical short circuit when operated under pressure. In simple terms, as also reported
above, this means we can flood the system with crude oil, shut-in the system by closing the intake and outtake valves isolating the system from the pipeline’s operating
pressure, and power up the system in excess of 10,000 volts. Once the valves are opened and the system is subjected to the pipeline’s operating pressure, the system develops an
electrical short circuit and shuts down. Because of our inability to fully diagnose the cause of our current electrical problems, we can provide no assurances that we will not face other operational issues after completing a full diagnosis and evaluation of our technology." That pretty much says it all folks.
'Proven'... lol!
You conveniently left out the part about when it was pressured up, that it shorted, and they at this present time, have no clue as to why, and that every partner they tried this with, is no longer interested in it.
Stunning a CEO would write something like this.. When it was posted here I thought it was written by the poster as a joke..
I'd have to read it.. lol.. Anything the guy says is only worth it for a laugh at how tossed the word salad is, but it's not something I go out of my way to bother with. I'm still waiting for the profitability from the unsolicited interest in the Elektra from 2010 he spewed on about.
Maybe as I see it can come and tell us all how a hydrostatic test invalidates all of this; what has been said for about a decade now.
"As of December 31, 2023, the Company had one full-time employee" lol!
"The commercial viability of QS Energy’s technologies remains largely unproven and we may not be able to attract customers." So much for the 'proven' lie.
"Despite the fact that we leased AOT equipment in 2014 to a major oil pipeline operator and tested the equipment on their high-volume pipeline under normal operating conditions, entered into a lease agreement with a second major oil pipeline operator to operate and test AOT equipment in 2015, and have initiated a project to demonstrate our AOT technology on a commercial pipeline in 2019, the commercial viability of our devices is not known at this time" B-bb-bb-but I thought these guys had all this data from these tests lol?
"The Kinder Morgan Lease is currently in suspension and there are no current plans to resume the lease or reinstall an
AOT device at a Kinder Morgan facility." Didn't Cecil imply these guys were still interested? I know pundits certainly did.. Doesn't look like that was true either.
"Notwithstanding our efforts, the AOT system continues to be non-operational under normal operating conditions" WOW.. just wow.. And here it is folks. Grid shorts, get a new grid. That one shorts as well. Put old grid back in. Everything fails when the pressure is ramped up, yet management has never stated this. So they re-work the blind flange, and that made no difference.
"Executing on this plan, our team removed the modified grid pack and re-installed the original grid pack assembly in the AOT. After removal, our engineers performed
a detailed inspection of the modified grid pack. Inconsistent with our expectations, no damage to the modified grid pack was found during this inspection, leaving the cause of
the most recent electrical short circuit undiagnosed.
We have tested and attempted to operate the AOT under a variety of conditions. We have been able to bring the system up to high voltage under static “shut-in”
conditions; however, as reported above, the system continued to shut down due to an electrical short circuit when operated under pressure. In simple terms, as also reported
above, this means we can flood the system with crude oil, shut-in the system by closing the intake and outtake valves isolating the system from the pipeline’s operating
pressure, and power up the system in excess of 10,000 volts. Once the valves are opened and the system is subjected to the pipeline’s operating pressure, the system develops an
electrical short circuit and shuts down. Because of our inability to fully diagnose the cause of our current electrical problems, we can provide no assurances that we will not face other operational issues after completing a full diagnosis and evaluation of our technology." That pretty much says it all folks.
'Proven'... lol!
"QS ENERGY ANNOUNCES ADDITION OF SENIOR INDUSTRY EXECUTIVE, SUCCESSFUL ENTREPRENEUR, AND FLUID DYNAMICS EXPERT CHRISTOPHER T. GALLAGHER, PHD TO ASSIST IN AOT DEMONSTRATION OPERATIONS AND PREPARATION TO ENTER COMMERCIAL PHASE"
Lol! 5 years ago. Kinda like the Elektra where 'ol Cecile said the next year they would be profitable with all that 'unsolicited interest'.
Do you comprehend what induction is? Or how generators create current by moving a magnet along a wire, much like a charged particle in a pipe would? Do you not think what is generating said field wouldn't have a current running through it? Oh wait.. KMI's shorted out didn't it.
Electric fields are measured in V/m, not KV. So they ARE talking voltage into the pack. The field doesn't just magically pop up on it's own.
TCPL's guys were involved of course because they had to clear it for their line. No way they would dump something on with these clowns say so. Doesn't mean they validated it at that point or tweaked it to be 'better' as that was for ZERO to prove.
Almost seems like Cecil should have stayed on the PRCI loop for the time he had available to him eh? Oh well, there's always the Haven Flow loop LOL!!
Lol.. was waiting for this..
What are the 4 assumptions of the Bernoulli's equation?
The following are the assumptions made in the derivation of Bernoulli's equation:
The fluid is ideal i.e. viscosity is zero.
The flow is steady.
The flow is incompressible.
The flow is one dimensional.
Sure ya have.. did he tell you why nothing out end of January that you can share? If you did and have not mentioned it, that speaks volumes pumper. Did you ask for the ATS report lol? ANY report from the history of this scam?
Lol.. clown show. Hydro test is using water. They then, after passing and seeing it wouldn't crack and explode, filled it with oil. What is so hard to grasp from that? Do you work in this industry? No? Playing the expert then via Wiki? Yes it was more than a leak test.. they wanted to check their grid with oil, under pressure.. to make sure it wasn't still shorting... ooooOOuuuuuu.. magical! Better dump a couple hundred grand into this thing over that! Don't make this sound nay more than that.
Wow! a decade ago! AMAZING!! Where is this report from ATS.. All you guys keep quoting it but have no idea if it actually exists lol. A legit company would post the data. ZERO interest from industry. ZERO interest from TCPL over that decade.. that says somehting.
Again, where are the published reports you quote? What are the parameters and results within an actual report? After this long, no-one with a brain would take this company or it's NR's at their word. The closest anyone has come to verifying anything these guys say is when I called the PRCI.. and that call verified that there was 'nothing compelling' in the data.
Qsep has gone out of it's way to clarify things when it's in their favor, when there was confusion on message boards (that says something on its own). But things like this hydrostatic test are so laughable, and let stand for pundits to run with because they have nothing else to promote, and they wanted a meaningless pressure test for certification to seem like more than it was. It's 'really' simple to look up what this is.. I mean the word 'hydro' kinda gives it away.
Yes hilarious.. the oil speeds asking.. then shows inside an aotee, then shows back up again on the other side! Magic! Because if it didn't, it would cost the shipper massive cash in less barrels moved per day, and they'd probably pull the bottleneck off the line quickly... Wait a minute....
What data? What report? Do you have access to the full report that states how this was tested/sampled? No? Surprise surprise. Do you have correlating test reports and results from trans Canada, or just the word of this crew who had never backed up any of their claims in two decades? Those with a clue understand that if it was something meaningful tcpl would not have kicked them off the line.
Well they didn't 'need' to.. You see, it is possible to have 2 separate test coincide with one another (and still be irrelevant to one another), and the hydrostatic test certainly doesn't need the other part to be valid or a failure. They could have just as easily done the hydro test, stopped it, fired up the pressure again and then done the power test but they did them at the same time.. big deal. Or maybe you can explain why it is a big deal?
This is why I always do my own DD and only listen to industry experts or those with more than half a brain cell when doing research on companies.
By 'latest', you really mean 3 years ago lol! Pretty sad when this is all that can be used to pump this pig!
He's just keeping all that dry powder around to purchase distressed assets.. oh wait.. that was 2008!
The Haven Flow Loop.
To bad this fantasy client won't even ship them oil to test!
I'd bet the previous testing partner he alluded to is China!
Down 20% on a whopping 150 shares! Sure there will be the usual end of day paint but this is brutal. Funny how the paid pundits come out of the woodwork when there is an NR, but vanish in the weeks after.
It didn't get cancelled because it sure looked kewl to have a big list of patents you could show potential paper buyers/bagholders. If Temple wasn't coming after them for payment, why not sit on them for more stage dressing/legitimacy bait. I think though when the SEC came after Beggar for his use of the word 'proven', they also questioned the patents. Can't remember if some were then removed. The SEC should have heavily fined them back then based on raising funds on the lie the device had been proven in any way shape or form.
Funny when Lane was at the helm the rent was $5k, he quits and then it magically goes to $1k. Grifters gonna grift!