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Sorry imparting heat to reduce viscosity would have very limited use and any precipitate breakdown or debottlenecking benefit is the only hope left imo and highly variable with changing batches. In any event Aot is not the “disruptive” and game changing product the world has been promised.
Well.... so are glossy “predictions” of Qsep product efficacy and industry adoptions that been wholesaled off as facts for many years! Management has been complicit in offering up this never ending supply of spiked kool aide to any willing participants but the deficiencies of Qsep claims can easily be exposed. Truly a suspension of logical thinking most take place to accept verbatim whatever this company reports without serious pause.
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Predictions:
1) Mid July thru November- TransCanada places order for more AOT.
2) Mid June thru October- Kinder Morgan and STWA announce a testing of the AOT on a part of Kinder Morgans pipeline.
3) July 1st thru Sept. 31- Begin testing with a commercial entitie of the new "Electrical heat system."
4) November 2014 thru March 2015- STWA moves to the Nasdaq.”
Read the opposing view to get real feeling of what’s going on here. Here a great posts that sums it up:
“The wilful self-deception here needs to be commented on.
Is it incompetence to pay a failed former CEO a $580K severance package that can only be funded by share sales forcing dilution yet again, or is it malice? Yeah, Bigger can sue but really do you roll over at the first thought of it and give him his phone bill and absence pay too?? Or is it the entire reason this company exists??
It is incompetence to be unable to make the greatest fuel saving device of our generation sellable or is it in fact worse than that: the device doesn't work. How can you /fail/ to sell something that if it did what it claims was worth not billions but trillions? Slow moving markets don't cut the mustard, especially nearly 20 years in. Face the music: the devices don't work.
Is it incompetence to keep up the payments on the licenses at Temple or is it done in full, malicious, knowledge that those licenses are worthless?
Ignore the fact they said it before and bailed the CEO. Ignore the failed devices, sales contracts, tests, and move on. Ignore the notices of sales and move on. Ignore everything they did previously and move on. Keep on paying, its on the cusp for 20 years...
One has to stop looking at what STWA says it will do, and instead look at what it really “
Lol...great that the company koolaid still attracts interest after 25 10 years of epic declines. I would believe the few thousand other investors who lost their shirts would disagree. Look at the number products launched in the last 10 years.
Magchgr
Elektra
Aot
Aot 2.0
Qsep claimed all the above had special magic but failed to achieve the most modest deployment or use by any interested party ANYWHERE on the planet! Over 100M vaporized and these products but none lead to anything more than an additional test while the conversion of cash to ash is still happening today now at accelerating levels. $10k a day as of the most recent Q.
If Qsep had a viable product the world would know it by know.
The point is that the company figure head inventor is not an accomplished actor in the world of developing actual products based on new never before used technology and his thirst for fame (look at his paid for who’s who listing) is a roadblock to legitimacy. Aot may have a very limited role by imparting heat through its capacitance effect but increasing flow and reducing viscosities anywhere near to what has been claimed is IMO not possible. Unfortunately for investors that will be those last news they read which will be reported years down the road.
If Qsep was legit in its efforts to make products for the industry then Tao would be paid off and real product engineers brought in who have a pedigree and track record of launching successful new technologies.
It doesn’t have to work as long as management shows movement and the “ can “ gets kicked down the road. That’s the gig. Many of the Preceding management have landed new positions in other OTC companies so Qsep is a decent springboard to hone ones chops in penny land. Honestly...saying industry doesn’t recognize the scientific benefit is illogical thinking. Qsep has had many opportunities with several management teams and still couldn’t put a single score on the board. This after 22 years and 100M $ of trying! The concept that qsep must have proven its tech because they continue to work at it , is a frightening conclusion. There are a glut of fuel saving devices on the market today based on similar theories and all are complete bunk..yet still available for sale with new versions popping up all the time. Qsep was founded based on a flagship product based this type which was supposedly reengineered and confirmed by Tao to increase mileage per gallon of upwards of 15% by simply attaching its magnetic fuel device. As incompetent as management might have been at landing deals it pails in comparison to the inventors ability to prototype a workable device that would demonstrate its benefit without question. Investors have a right to question managements inability to land deals but if Qsep ever wants to be viewed as a legit company they will need to get rid of Tao. He is a headline seeking prof that is ill equipped to bring any new tech to market. So while past management is complicit in poor execution of company strategy most of the blame of not getting deals must be placed on the inventor inability to deliver measurable performance.
The use of DRA in pipelines will not be effected by the magic pipe unless one suspends reality and accepts Tao’s whacky theories that Aot not only acts as a viscosity reduction device but it also reduces turbulence. Another crock that will never be proved and is on par with magnetic blood pressure reduction and tornado walls. Just another pseudoscientific claim by a prof more interested in getting headlines than getting results!
Regarding the Kmcc conjecture the Q clearly states that anything Km is considering is:
“... subject to results of other AOT demonstration projects”
“Other” being the operative word. This is just another Qsep smoke screen to cover its failed projects. Qsep has been reporting this similar nonesense since Lane took the helm.
“...,it is unlikely Kinder Morgan would use the AOT at the original test location or other condensate pipeline. Kinder Morgan has expressed interest in AOT operations at one of their heavy crude pipeline locations subject to results of other AOT demonstration projects and has provided the Company with additional crude oil samples which have been tested at Temple University for future test correlation and operational planning purposes. The Kinder Morgan Lease is currently in suspension and lease payments have not yet commenced.
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Unlikely means “not a shot”!
"Having learned from difficulties experienced in previous commercial test installations, we deliberately chose not to structure our agreement with the pipeline operator as a revenue event for the Company in the form of an equipment sale or a lease, but rather a true collaboration under which we will continue to own and test the equipment while the pipeline operator expects to benefit from AOT viscosity reduction.
For this reason, we offered to pay for outside engineering, site preparation and installation and in January, put up a $500,000 good-faith deposit to cover these costs."
This had to come from the CFO after a two Martini lunch. Wow...like QSEP had an actual choice on how to dictate terms of a test for an unproven technology with a sketchy past. Now we learn "outside engineers" are in the mix along with whatever monetary benefit the operator requires. That 500K is the price to keep the party alive and it will be gone way before Kim K leaves the room! Note how the operator will not share pipeline operational details. Same story different day. Company will shield itself behind whatever great results TAo will sift out postmortem. The spin will continue even if not a single unit is sold, leased or converted into an E-toll booth.
Last Q dilution percentage was over 15%. I doubt many investors would be willing to take that type of hit for too much longer and still say: "thank you, sir, may I have another"
10Q typically didn't discuss any costs associated with installing this device on a test loop such as lease costs and cost of installation and maintenance and test feedstock/storage. The 100K they just cooked off, was just to cover the first milestone and was expensed as a "prototype development cost" I'm sure QSEP new IR/PR firm have already contracted for giant stickers to slap on the re-branded(AOT) and surrounding holding tanks! I'm hoping they rename it: EMOFLO.It will make great glossy corporate pictures for flyers.
Easy money...hahaha! Tell that to the thousands of investors that got cut in half!
Millions of cheap convertibles shares will be hitting the tape every Q as the only way to make money here is to be note holder and get .05 shares plus .05 warrants. That’s the ticket...keep cycling through the shares and warrant offerings and it’s like a pay day as long as these investors can keep attracting fresh new investors at market prices. This time next year 40 million shares will get unlocked!It’s the otc shell game...
The post is from 2019 and is intimating KM is still in the game...which again is a deception. Smile posted:
Kinder Morgan has expressed interest in AOT operations at one of their heavy crude pipeline locations
subject to results of other AOT demonstration projects
and has provided the Company with additional crude oil samples
which have been tested at Temple University for future test correlation and operational planning purposes.
Real data. Note how QSEP's Q1 2019 compares to the previous 10 years operations.
increase
commonshares per period %
Q1 2019 294,805,488 40,607,488 15.97%
2018 254,198,000 19,221,093 8.18%
2017 234,976,907 42,145,097 21.86%
2016 192,831,810 9,000,233 4.90%
2015 183,831,577 2,803,333 1.55%
2014 181,028,244 4,785,427 2.72%
2013 176,242,817 32,575,247 22.67%
2012 143,667,570 29,394,100 25.72%
2011 114,273,470 22,820,276 24.95%
2010 91,453,194 20,163,798 28.28%
2009 71,289,396
The complete quote below isn't as optimistic. Appears on page 17 and starts with:
"it is unlikely Kinder Morgan would use the AOT at the original test location or other condensate pipeline"
https://www.sec.gov/Archives/edgar/data/1103795/000168316819001581/qsenergy_10q-033119.htm
In February 2016, the modified AOT equipment was installed at Kinder Morgan’s facility. Pre-acceptance testing was performed in April 2016, culminating in more than 24 hours of continuous operations. In-field viscosity measurements and pipeline data collected during this test indicated the AOT equipment operated as expected, demonstrating viscosity reductions equivalent to those measured under laboratory conditions. Supervisory Control And Data Acquisition (“SCADA”) pipeline operating data collected by Kinder Morgan during this test indicated a pipeline pressure drop reduction consistent with expectations. Results of this test were promising, however due to the short duration of the test and limited data collection, definitive conclusions regarding the AOT performance and its impact on pipeline operations could not be reached. Based on final analysis of in-field test results, SCADA operating data and subsequent analysis of crude oil condensate samples at Temple University, it is unlikely Kinder Morgan would use the AOT at the original test location or other condensate pipeline. Kinder Morgan has expressed interest in AOT operations at one of their heavy crude pipeline locations subject to results of other AOT demonstration projects and has provided the Company with additional crude oil samples which have been tested at Temple University for future test correlation and operational planning purposes. The Kinder Morgan Lease is currently in suspension and lease payments have not yet commenced.
“In August 2018, we were informed by our Asian client the project would be suspended and reassessed in 2019 subject to budget and project approval requirements imposed by new management.”
Great another suspension! Send up the balloons!
Keep biting!
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Research and development expenses were $151,000 for the three-month period ended March 31, 2019, compared to $47,000 for the three-month period ended March 31, 2018, an increase of $104,000. This increase is attributable an increase in prototype product development costs of $104,000.”
After 13 years of trying Qsep is still trying to develop a prototype! Lol!!
Dilution train keeps on rolling! Shares now 295M...but don’t worry it’s the “good” kind of dilution!
Qsep must pursue this line of testing since actual customer are NOT lining up. Yes I know they said have lots but management has said it before. So this is the next logical course of action. If you can’t find a pipeline partner willing to test for free then they must Rent a loop. Qsep can massage all kinds of results and data points to pitch like frosting to hungry investors. It’s the game Qsep does really well. Sell the sizzle of phantom steak.
It’s funny the company forks over 500K to some unnamed pipeline operator and starts to attend microcap investment conferences but doesn’t settle its licensing debt with Temple or pursue any presence at oil and gas trade conferences.
Faith it’s a prepaid expense. It’s going to be used. This is simply a confirmation of what everyone knows already. This is a paid for demo site.
Qsep has complete control of what gets released in this situation so it’s a better scenario for directing the narrative of what type of results they can claim. At the end of the 2019 will pass and they will report zero sales. Then 2020!
"In January 2019, the Company paid $500,000 as a deposit under terms of a work order for work to be performed by a pipeline operator. During the period ended March 31, 2019, the Company amortized $100,000 of such amount as a research and development cost based on the progress of work performed as required by the contract, and has reflected the $400,000 remaining amount as Prepaid expenses and other current assets in the accompanying consolidated balance sheet as of March 31, 2019."
So much for the refundable deposit to do work on a pipeline theory!LOL!
Another Brain Altounian otc causality...Pdos, Wowio, imaging 3! What happen to his alliance acquisitions with his partner the defrocked CEO of imaging 3?? It’s amazing this guy can even hold a board position without flares going up at the SEC!
“the viscosity reduction would rely solely on the claims of an unknown effect that Tao and company claim exists which I contend is violation of the known physical laws of nature. “
The methods of pipeline transportation is well developed. There are no devices that exist in the market that claim to achieve this result by the same or similar method. Qsep’s “new” method assume crude oil transforms when exposed to this field suddenly exhibits (neg)ER fluid prosperities that last for a 100 hours. This has not been observed in nature unless the fluid itself is specially engineered to do so. Its like claiming cement makes a great semiconductor.
Interesting no comment on the moves of industry towards “partial upgrading” which removes the diluent completely from the equation...not just a small reduction.
“However, that still does not justify the statement that greater density causes greater viscosity due to some Physical Law of Nature.”
Never said that. In the context of the discussion I was illustrating that if heat isn’t added or some density reduction ( added lighter fraction) then the viscosity reduction would rely solely on the claims of an unknown effect that Tao and company claim exists which I contend is violation of the known physical laws of nature. Spin it up anyway but as it’d related to pressurized turbulent flows in pipeline operations , these claims violate contemporary pipeline operational methods.
WHY PIPELINE SPECIFICATIONS MATTER:
“In order to meet pipeline specs, any crude oil sold to market must contain less than 0.5% water and solids (total) and have a minimum viscosity of 350 cSt, which translates into a maximum density of 940 kg/m³. These specifications ensure the crude will flow at low temperatures, and minimizes the risks of corrosion and erosion. Bitumen produced from the oil sands does not meet these specifications, particularly for viscosity, and must therefore be upgraded to a lighter crude or diluted with a very light oil (typically condensate) before being sold to market via pipeline.”
Density is a parameter and Spec used in conjunction with pipeline operations. These are real facts. “Upgraded to lighter crude”
or “ diluted with a very light oil” are not just empty phrases or correlation. Pipeline operation do not move mercury which is an absurd example only posted to try to make a point you cannot wiggle out of. Density limits are imposed because of years of understanding the way these products flow and the functional relationship between them. After all heavier crude is cut with lighter fractions of itself. Saying there is no relationship is simply wrong. The industry does not view it that way...but hey you always have the polar nonpolar argument to fall back on. Lol!
I have linked previously how the industry views the relationship but apparently it’s doesn’t really matter. Everyone can believe what they want but the industry classifies its petro products based on specific gravity and calls fractions with lower heavier constituents as “light”.
Below is an active trade publication referring to that relationship as a “function of”.
I guess the entire oil and gas industry must be wrong after all mercury and water thinned honey has been presented as proof there is no relationship. God bless Wiki!
“Note that viscosity is also a function of density. A lower density crude is less viscous than a heavier crude and has better flow properties. However, viscosity is highly correlated to temperature, rising sharply as the temperature declines.”
https://www.oilsandsmagazine.com/technical/product-streams
China, Middle East, Planet earth all have zero Aot deployed on an active line. Qsep paid for Test will be another prop to sell fresh paper. Look how long it’s taken to get this far!
Qsep hides behind its non disclosures so it doesn’t have to report failure. That’s the bottom line. Pundits have claimed success is simply a matter of waiting! Lol!!! Yeah keep waiting!
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The science works. The company has said it till they are blue in the face. Validated by major powerhouses like Kinder Morgan and Transacanada, and not LEAST OF WHICH is seeing the MAIN engineer from TransCanada LEAVE his job, cush salary, and benefits, for low paying no name QSEP because he saw the tech WORKS, and believes in the AOT tech so much”
“Those are general results. NOT THE ACTUAL DATA . The data has always been protected by NDA. Viscosity reduction and pipeline efficiency is not the actual data”
“Protected by NDA” is just another overused excuse for Qsep NOT to share its results which obviously provided no evidence of a benefit to operators. If Tcpl or Kmcc recorded any positive results then a case could be made NOT to publish results but since none of these companies followed through with any continued testing or options to extend or buy equipment then there is simply no basis for making that claim. The only logical reason is that the company tests failed...again evidenced by no further commitment by either of these US companies.
Really wow..Qsep has been reporting data results since its inception. As reported in press release 2012 !
“STWA'S OIL PIPELINE TECHNOLOGY (AOT™) ACHIEVES 40% PRESSURE DROP REDUCTION
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This is from the RMOTC test
“In October of 2011, the U.S. DOE RMOTC published results stating that the Company's AOT™ prototype delivered increases in pipeline efficiency of 13.14% to 13.55%. Following that announcement, the Company received strong interest from industry professionals regarding how AOT™ would impact oil flow capacity, oil flow rates, and most specifically pressure drop in pipelines. This most recent test was conducted to deliver the key metrics sought by oil pipeline industry decision makers. In the course of this testing, the U.S. DOE RMOTC found that the new AOT™ prototype delivered improved performance over the AOT™ prototype tested in October”
“The crude oil viscosity was observed to reduce by 40.01% from its baseline of 81.6 cp (centipoise) to its treated viscosity state of 48.95 cp. The direct benefits were that the discharge pressure of the positive displacement pump at 30hz was reduced from its baseline of 218 psi to a low of 186 psi as the fluid exhibited reduced pressure loss per mile, and returned to normal baseline levels as the treated fluid exited the pipeline. The pressure drop was observed to reduce 40.04% from 24.8 psi/mile to 14.87 psi/mile when the AOT™ system was engaged, and slowly return to normal as the treated fluid exited the pipeline.
The results for the Reynolds # were an increase of 66.70% from 1205.237 before treatment, to 2009.138 after treatment with the viscosity reduction device.
The results for the friction loss were a decrease of 39.62% from .053 before treatment to .032 after treatment with the viscosity reduction device.
The results for the pressure loss (dyne/cm?2) were a decrease of 40.00% from 1,379,000 to 827,400.”
Viscosity reduction, pressure drop, friction loss, and the Reynolds Number , is all data that supposedly proves this effect. Any company that got even close to this number would running have all five Magic pipes deployed years ago. Instead they are in Tomball at an ironOxide convention.
None sense! There has been supposedly “good data” for a decade but the several rounds of crack new management teams have to resort to raiding the cash war chest simply to get a single demo up and running. This after two major failures with commercial operators. Honestly the solution to pipeline capacity is not by employing a network of devices that still requires the use of existing dilution techniques. The solution is to move new mini upgrading facilities closer to the line and ship without diluents all together. This is where the industry is spending its CapEx.
The new pilot is a Qsep paid site. (500k so far) It’s was not initiated by the operator but solicited by Qsep so there little to no chance that whoever is willing to get paid to play is going to want the AOT. It’s almost a guarantee that the company will announce earth shattering incredible results that blows everyone away but its ability to suck in new investment is severely limited. They have bent the truth so many times that management will need more than just lip service to convince anyone. So while pundits claim contracts are just moments away...most understand that is just another Qsep pipe dream.
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I’ve been saying it for years, once they move into sales the number of units they will start getting into the field will generate recurring revenues that will drive this stock so high grown men not invested will weep”
Saying this for years only proves that many have been fooled and totally misjudged what is being claimed. No company takes this amount of time to monetize a so-called proven earth-shattering discovery of this magnitude unless of course, it’s a complete fraud or that the effect only happens under lab conditions where operators easily bias the results. It’s not like management has never lied about results in the past. I can list a dozen company authorized headlines that were complete fabrications of reality.
Now they are in the field I wonder what will be the excuse when 6 months goes by and not a single dollar gets generated by all this wizardry!
It is inconceivable that a company would incur a yearly licensing fee of over 100k for a bogus fuel injection device that myth busters destroyed years ago. I can’t wait to hear how how elektra has been scientifically proven to “increase combustion” because after all Tao said so after he gleefully reported 15-20% increases in mpg after he hooked it up to his personal Mercedes Benz and drove it around a week. You can’t make this stuff up! So it would be foolish to believe any claims or findings based on his work.
Makes paying the annual 187k in licensing fees even more ridiculous.
The fuel injection license annual fees amounts to well over a $100k.
Perfect...I'll stick with the professionals that work in the field and the known and established methods for reduction of high viscosity crude. Not one that suddenly bends the known laws of nature because some headline seeking college Prof wrote a paper. Oh yes... I understand the fancy neutron scattering test shows definite results beyond any shadow of a doubt. I say it is straight up BULL! This test was conducted when Cecil was running the show in 2010 and then was repackaged as if it was a fresh new test in 2014. When that test took place, Tao was claiming he could squeeze out more MPG simply by attaching a small electronic device (based on the same AOT principal) to an auto fuel line and had no issues fabricating all manner of endpoints that were in support of his results. He claimed an increase in combustion and double-digit gains in Mileage. Lord! I see no reason he would not do the same with his related oil treatment products.
And then there is the original statement of yours that insists that viscosity can't be reduced without reducing density, which was blown up by the following:
Quote:
There is no relationship between the viscosity and density of a fluid. While viscosity is the thickness or thinness of a fluid, density refers to the space between its particles......A liquid that is dense does not necessarily have to be viscous, and the opposite is also true. For example, honey is more viscous than saline water, but it is not as dense. Viscosity can be defined as the speed of the flow of a liquid. It is the measurement of the shape of molecules and the intermolecular forces.
Crudes with an API density less than 10° is heavier than water and classified as an "extra heavy crude". Examples of extra heavy crudes include bitumen from Alberta and Boscán crude produced in Venezuela. Both have very poor flow properties at room temperatures and require significant dilution before transport.
Note that viscosity is also a function of density. A lower density crude is less viscous than a heavier crude and has better flow properties. However, viscosity is highly correlated to temperature, rising sharply as the temperature declines.
How about the “sub-penny” prediction that was made. Said the stock would be under .01 by now.
Nope! We just hit .30 cents...again recently for the 2nd time...
Just another bs prediction that never materialized along with the “running out of cash” prediction and the “cash burn” prediction....
"The science can be complicated. Heat does not explain the chaining that occurs at the molecular level when oil is exposed to electric field."
Chaining or clumping theories are all unproven especially when it comes to the operating pressure and flows associated with pipeline operations. I understand what is claimed but if the ingenious Tao stumbled on to a new law of nature then the world would know it by now. Any change in viscosity related to the AOT would be from imparted heat as a result of its operation.
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It is a real simple question. Do you concede that an electric field can reduce the viscosity of crude oil. Yes or no. Is your made up Law of Nature a crock? Yes or no.
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I concede nothing of the sort. There is no way an electric field would reduce viscosity of crude to any level of effectiveness for pipeline operations and certainly not for any measurable length of time. It’s absurd! History has taught us year after a year this will not happen. Why else does Qsep have to pay to run a test that was supposedly proven years ago.
The whole notion that crude behaves as Negative ER fluid is even more insane. Talk about chucking the laws physics out the window ..... any such fluid are specially designed f much like doped semiconductor material which have no similarities to an ever changing turbulent volume of viscous crude. Tao found he could conveniently fit his theory into this area of study but just it’s another magic pipe fantasy.