Absurd ??! Yet the argument is made that crude somehow behaves like a ER fluid which contains charged particles and is readily affected by an EM field. Mother Nature just fainted lol! These special manufactured fluids have nothing in common with a flowing batched pipeline of Crude and will increase viscosity not get reduced when subjected to a EM field. Shock absorbers that need to stiffen when power is applied etc..crude is not a ER fluid any more than diesel or any other hydrocarbon. Tao just piggy backed the field to suit his own narrative of whackyness and relies on a static proton scattering test that was conducted years ago to back up his clumping none sense theory’s!

API is measure of density as related to water. Crude is diluted by higher Api condensate which reduces the over all density of the flow and allows it to pump through a pipeline.
Effectively creating more space between the molecules of hydrocarbons and reducing the internal friction that contributes to the flows viscosity. So if Qsep doesn’t add heat...doesn’t change the density then it’s only claim is that it’s few micro amps of an electric field suddenly creates a freeway of clumped hydrocarbons surrounded by more space allowing some sort reduction of intermolecular forces. Here where Mother Nature says nope sorry! This phenomena of clumping has never been observed by any real academic other than Tao’s henchmen or third world students trying to copy his whacky theories.
The claims of increase flow rates without altering any of these factors is a violation of the laws of physics and to claim now that this magic effect last 24 hours or more while churning through centrifugal pumps is even more insane. Seriously the science for which this company has been based on doesn’t pass the the most generous evaluation. That’s why everyone who has tested it sent it back!

The statement should have contained the obvious that viscosity is greatly effective by temperature Without adding heat which Qsep claims does not happen, and without changing the mass density Qsep claims to increased flowrate.
This is achieved by simply adding only a high voltage low amperage electric field . This phenomena discovered back in 2006 suddenly lubricates intermolecular forces and presto there is more mass flow at the end of the pipe. It’s impossible. This is a claim of discovery on par with Bernoulli equations. Every industry in the world would have seen it, tested it and rolled out products for industry and beyond.

Again...revolutions in technology do not remain hidden for decades. Especially ones that claims to alter and reduce viscosity without reducing density. This is a physical law of nature that Qsep will never be able to overcome. What WILL likely happen is that the role of AOT or whatever they choose to rebrand it as , will change from viscosity reduction to something else like a debottlenecking solution for areas of precipitate or some other niche application. The story will get extended another three to four years without much effort.

“I heard they did a pre-test after adjusting it, and it came out even better than they expected”

Company has made similar claims throughout its 21 year history! Tao claimed massive efficacies and power saving of high double digits on the Tcpl deployment but that of course was just malarkey. He later claimed the Tcpl engineer did understand what they were seeing! Yeah...

Qsep claimed that Aot met its spec on the KMCC line but then its was revealed that test never achieved any long term testing and was fraught with safety issues.

Bottom line all the management changes in the world cannot alter the laws of physics. If any non additive treatment got even close to what Qsep has claimed it would be up running all over the planet. If a simple electric field can reduce viscosities in many forms of hydrocarbons, Blood, and chocolate...then it’s application would be widespread. Industry does not sit on its hands with the discovery of this alleged new law of physics.

Dude you are so wrong..

Ahhhh... CFO rubber stamped Bigger exit. He just got an employment extension. Joy in Mudville !

Wrong. He did not convert to warrants. He converted the note he purchased to stock. Warrants are a right to purchase at specified price and have something like 5 years to execute. Lane did not make another investment.

“
(1) Reporting Person converted Issuer's Convertible Note purchased on 02/21/2019.
(2) N/A
“

Funny...implying Cecil didn’t cash out or anyone else that decided to “leave” the company. Along with the CEO golden parachute they are no longer insiders and can sell every share they own. Cecil had millions of shares and he made nothing but bank!

From his Linkin page

Experience
Image for VP of Engineering
VP of Engineering
QS Energy, Inc.
July 2017 – Present 1 year 10 months
Tomball, TX


Owner
Citrine Energy LLC
February 2015 – Present 4 years 3 months
Greater Denver Area
Consulting services for power, oil, and gas projects

Program Manager
The Energy Corporation
June 2012 – January 2015 2 years 8 months
Greater Denver Area
Managing a Program dealing with TVP Mitigation on crude oil pipelines
Project Manager

The Energy Corporation
June 2011 – May 2012 1 year
Calgary, Canada Area
Full responsibility for the budget, schedule, quality, environmental, and safety of a new installation of a Solar Titan 130 compressor package rated at 15,000 kw.

Project Engineer
The Energy Corporation
June 2009 – May 2011 2 years
Coolidge, AZ
Coolidge Generating Station - 575MW utilizing twelve (12) GE LM6000 PC Sprint packages in a simple cycle configuration.

Oh that’s right because Qsep said so in an update. The problem is they have not accurately reported the results of any of its testing or it’s Vietnam fake auto orders. There is no rational reason to believe differently today.

No wonder they want to change the name of its tech. They have been touting it for close to a decade. My personal choice : drumroll..........
GMP (great magic pipe) flowMo Lol!

9 years ago 10k reported:

“
MAG ChargR is past the development stage and we believe that an initial small run of several thousand units may be manufactured and sold by the end of second quarter 2010. We believe ELEKTRA may be nearing the end of the product development cycle which we believe could culminate in an upcoming Society of Automotive Engineers (SAE) tests to prove and certify the level of fuel savings. AOT is in the research and development phase.”


“We have two product lines; Applied Oil Technology (“AOT”) and ELEKTRA™.

Applied Oil Technology is transitioning from the research and development stage to full-scale commercial prototypes, and is in testing with the U.S. Department of Energy. ELEKTRA is in the research and development stage.”
“

8 years ago from 10k:

“

We have two product lines; Applied Oil Technology (“AOT”) and ELEKTRA™.

Applied Oil Technology is transitioning from the research and development stage to full-scale commercial prototypes, and is in testing with the U.S. Department of Energy. ELEKTRA is in the research and development stage.
“

7 years ago 10k:
“
Our primary technology is called Applied Oil Technology™ (AOT™) which is designed to improve oil flow through pipelines. AOT™ has been proven in U.S. Department of Energy tests to increase the energy efficiency of oil pipeline pump stations. We are seeking to transition our AOT product from the research and development stage to initial commercial production for the midstream pipeline marketplace. Our AOT product is called AOT Midstream, which is a commercial grade, viscosity reduction device for crude oil pipeline applications. The product installs at crude oil pipeline pump stations to reduce the friction loss of the pipeline, providing benefits to pipeline operators and their customers.”

6 years ago 10k:
“
Between 2011 and 2012, the Company transitioned from prototype testing of its AOT technology at the U.S. Department of Energy Rocky Mountain Oilfield Testing Center, Midwest, Wyoming, to the design and production of full-scale commercial prototype units. The Company worked in a collaborative engineering environment with multiple energy industry companies to refine the AOT™ Midstream commercial design to comply with the stringent standards and qualification processes as dictated by independent engineering audit groups and North American industry regulatory bodies. In May 2013, the Company’s first commercial prototype unit known as AOT™ Midstream, was completed.
“

5 years ago 10k:

“
Save The World Air, Inc. (“STWA” or “Company” or “we” or “us” or “our”) develops and commercializes energy efficiency technologies that assist in meeting increasing global energy demands, improving the economics of oil extraction and transport, and reducing greenhouse gas emissions. The Company's intellectual property portfolio includes 47 domestic and international patents and patents pending, a substantial portion of which have been developed in conjunction with and exclusively licensed from Temple University of Philadelphia, PA (“Temple”). STWA's primary technology is called Applied Oil Technology™ (AOT™), a commercial-grade crude oil pipeline transportation flow-assurance product. AOT™ has been proven in U.S. Department of Energy tests and other independent tests, as well as in full scale operation on a commercial crude oil pipeline to increase the energy efficiency of oil pipeline pump stations.”


4 years ago 10k
“

In 2014, we reached a major milestone in the Company’s evolution, generating revenues from our AOT technology for the first time since our inception in February 1998. We continue to devote the bulk of our efforts to the promotion, design, testing and the commercial manufacturing and operations of our crude oil pipeline products in the upstream and midstream energy sector. We anticipate that these efforts will continue during 2016 and 2017.”


That’s 9 years of “transitioning” Notice how they actually say the device is “proven” but that statement gets removed on future disclosures because of the SEC correspondence (see link). The SEC will not verify efficacy but they sure as heck can know when management is fluffing reality!

https://www.sec.gov/Archives/edgar/data/1103795/000101968716006601/filename1.htm
“
Staff Comment No. 3:

3. We reissue our prior comment 2 in part. You continue to suggest that your AOT technology has been “proven” to “increase the energy efficiency of oil pipeline pump stations.” Based on the information you provided on a supplemental basis and the related disclosures, and for the reasons cited in prior comment 2, please revise your disclosure to remove the claim that the technology has been “proven.”
“

Yeah...worth every penny lol! Just forget about industry shows that actually deal with moving crude! Not a single O&G trade event ever attended to solicit business yet executives fly down to South America to solicit non US unnamed companies!

The best management team in the world and all the “awareness” programs money can buy cannot undue the laws of fluid dynamics. Thats the rub. Company products are not developed by seasoned pipeline engineers but a college professor interested in getting grants and publicity. Company weak link is its inventor scientist who has not successfully developed and monetized a single commercial device for industry based on his whacky theories.

“Tony Yu: “The standard package is $5000, with additional options available.”

“
This is a .10 stock that will be at .50 - $1.50 in the medium term, and then $3.00 and $5.00 longer term. All the DD here lays out a clear picture as to how they will get there”

At 1.00 Qsep cap is 300M which is a fantasy valuation based on any level of analysis. The companies weak fundamental and history of failures and general wackiness of it’s lead scientist could not support such a price level.

Qsep ability to move paper is for now and historically the only real business the company is involved in.

If by some miracle of God Qsep actually develops a real pipeline business then the events leading up to that will become as clear as day. Qsep is on step 10 out of 5000.

Wow...earth shattering news!

Fear of (insert anything here) does not suddenly convert an unproven college experiment into a viable industrial product ready for commercialization. Every time qsep promises they are just on the verge of imminent success they botched another pilot and sit on the news for years.

How profound...was that “20%” reduction pulled from one of tornado Tao’s whacky studies ?
The guy who postulated 1000 ft walls to block tornados or a blood pressure reducing magnetic device not quite ready for prime time! How about the fat reducing chocolate device...all based on the same idiotic principals. This is the guy everybody is has been banking on since 2006! Lol!!

The truth is yes...Aot might reduce viscosity by simply imparting heat! That effect will have little benefit to operators other than it may break up precipitate in specific areas. It certainly will not economical viable given it’s very small effect. However claiming an entire pipeline reduction of diluent by 20% or that AOT also acts as DRA is just pure penny land fantasy.

Dude I’m happy busting up this story all day long. I made it a special hobby of mine to expose companies that take advantage of their public status to bilk shareholders year after year...Qsep is a prime example.
The entire company product are based on Tao’s theories and his first Qsep nutty invention “ elektra “ which Tao claimed would increase combustion in modern day auto. This of course is impossible. Only 1/10th of 1% unburned hydrocarbons is expelled by modern combustion engines yet the company continues to pay over a 100k a year out of a total 187k (not including 10% interest) for the right to market this bogus product. I think I hear laughing...When non technical people invest in pie in the sky products this is the result. An endless ride that requires s ticket every loop.

Management now floats out the latest jeopardy question of “what shall we name it” so investors can now feel engaged and spend time on creating acronyms instead of asking the tough questions like when will this company every be a legit business. This must be the handy work of the latest IR firm.

“And....NONE of that money. Not ONE cent is due to Temple until QSEP is cash flow positive. Haha. That’s a sweet agreement if I ever saw one. It won’t take hardly any revs to knock that out, and, it’s not due all at once. Just Slowly as revs come in.

NEXT. “

Oppps......looks like a “few cents” are past due!

“
During 2018 the Company paid Temple $10,000 and incurred an additional $230,700 of costs (including the $187,500 license fee and $43,200 of interest). As of December 31, 2018, total unpaid fees due to Temple pursuant to these agreements are $1,073,000, which are included as part of Accounts Payable – license agreements in the accompanying consolidated balance sheets. With regards to the unpaid fees to Temple, a total of $135,000 are deferred until such time the Company achieves a revenue milestone of $835,000 or upon termination of the licensing agreements and the remaining $938,000 are deemed past due. The Company is currently in negotiations with Temple to settle or cure the past due balance.”

Qsep must believe its investors can not compare updates. Lane goes from “achievable” installation date of July 2018 and lease execution by Q4 2018 to now a May 2019 which is subject to inspection protocols that are unknown and btw it’s not free. Qsep just forked over 500k...but hey they have no issue releasing a Picture of the magic pipe on a truck dangled like meat on hook revealed months ago to keep the natives happy! This demonstrate once again how this company is unable to hit any timelines it sets.

From 2018 10k
Based on the most recent project update provided by the pipeline operator, we anticipate shipping the AOT equipment to the demonstration site in early April 2019, with installation to be completed in late April. We anticipate demonstration operations to begin early May 2019.
 

From December 2018:

“
Upon completion of inspection and testing protocols, the modified AOT was certified for operations and is now ready for delivery to the demonstration site. We expect site preparation (foundation, electrical interconnect, etc.) to begin in January, with delivery, installation and operations to begin shortly thereafter.
“

From October 2018:

“
Although final project terms may vary from those described in the current statement of work, we and the operator have a general understanding that, subject to the execution of a definitive agreement, the demonstration project will operate under an initial term of 36 months, targeting installation in December 2018”




From May 2018 update:

We are continuing to make progress on our 2018 targets for the installation and operation of one or more demonstration projects, with four customers at the site-location phase. In addition, we have begun to build supplemental relationships outside of the midstream market, with gaining interest in trucking and ocean shipping.  Once again, we thank you for your support and we look forward to a great year.


From March 2018 update :

“I would like to update you on progress we've made since my previous shareholder update letter. In January, I described three prospective customers considering AOT pilot programs. I am excited to report the first of these three potential pilots has received preliminary approval and has moved from concept to planning phase, targeting pilot installation in July 2018.”

From Jan 2018 update:

“Based on current timelines and discussions, we are projecting installation of our first pilot test in Q2-Q3 2018, followed by 30 to 60 days of testing to be completed by the end of Q3 2018. Subject to successful testing, we would execute definitive agreements to sell or lease equipment for the expanded rollout as defined in the original LOI in Q4 2018.
Based on current discussions with prospective pilot customers, we believe this schedule is achievable, putting us on target to begin commercial deployment by year-end. Armed with pilot project data, we should be positioned for accelerated sales in 2019 and beyond.”


From 2016 Update

“Looking forward to 2017, I'm pleased to say we have three active, collaborative AOT projects on our agenda. The first is documented in the November 28th, 2016 Form 8-K filing which sets forth the stages of AOT testing at the facility of a vertically-integrated company active in Alberta's oil sands region. The initial phase will commence in the first quarter of 2017, with a fully functional laboratory-scale AOT device. The objective is to assess the technical capability of AOT technology under field operating conditions characteristic of the oil sands. Following that process, based on positive results, the next stage would call for a full pump station installation ("Field Test"). Previous viscosity reduction and related tests performed on customer-supplied samples at Temple University's Department of Physics were highly favorable, which led to the current Field Test Agreement.

The second collaborative project involves a trial assessment and then full and potentially sponsored engineering of the AOT-XL, an innovative new addition to our flagship product line. This specially configured, high volume AOT system was developed upon request by the management team at a trusted, long-term collaborative partner within the midstream sector of the domestic energy industry. Designed for very high volume pipeline environments, the AOT-XL is fabricated to meet a target of 25,000 barrels per hour capacity (600,000 bpd). Initial laboratory tests of one of their crude oil samples has also shown favorable results.

The third project is our continuing collaboration with an entity based in the Middle East, one of the largest oil companies in the world. Customer-supplied samples of crude oil are in possession of Dr. Tao's team at Temple University for the full scope of testing and analysis to replicate the efficacy of AOT. The infrastructure of this high-output producer and transporter is massive in scale and could require numerous installations of the AOT technology at strategic points. Our discussions to date have encompassed a variety of deployment scenarios based on the improved flow volume and time-to-market goals of the customer.”


Wow...three active programs
and Zero revenue. Bravo!

From 2015
Quote:

“I am extremely pleased that today we are now in a more advantageous position than at any point in our history. Our commitment to a bifurcated strategy of acquiring undervalued assets while further optimizing our technologies has already opened up new horizon of opportunity, and will undoubtedly drive our expansion throughout 2016.
To date we have identified target acquisitions and hope to complete our first transaction with one of them shortly, subject to our obtaining sufficient acquisition financing. Once the deal has been finalized, QS Energy will have entered a new phase as a profitable and sustainable corporate entity, with the resources and expertise necessary to capitalize on the unique market conditions that only occur in a highly cyclical industry such as the energy sector.”


I wonder what became of the genius “bifurcated" strategy that the current CEO was brought on to implement! Bye bye Felicia!


From 2014 Shareholders letter
Quote:

It is our goal to re-deploy our inventory of AOT equipment with other pipeline operators in North America and internationally through our global business development efforts and our distributorship with Energy Tech Africa which provides us with representation in Africa and the Middle East. Existing and upcoming opportunities for positioning these income-generating assets will afford the Company with the necessary infrastructure venues for the next stage of AOT testing and optimization.
The Company currently owns five AOT pressure vessels; one which has been deployed to Texas under a short-term lease with options to extend the lease or purchase the equipment. This equipment is on schedule to be commissioned and the lease initiated in 2015. The remaining four AOT pressure vessels will be re-deployed either separately or together depending on the target pipeline infrastructure.
All of these objectives which we outlined at last year's Shareholders Meeting have been accomplished according to a pre-determined timeline that was both ambitious and aggressive. We are extremely proud of this effort and the accomplishments of our team and our supply chain partners and customers, given the extremely tight deadlines that all have had to operate under.


Or...they can warehouse them
In Tomball!

From 2013
Quote:

"The sophisticated process of designing, engineering and fabricating this innovative flow assurance solution for our customer is nearing completion and will soon be in the field testing on a half-million barrel per day pipeline system in America's heartland," Mr. Bigger commented. "I am delighted with the team's progress and our supply chain's responsiveness and quality of execution. They are truly dedicated professionals doing a job well done, and I wish to thank them and our loyal shareholders for their tireless efforts in seeing this process through. I am humbled and honored by your commitment, thank you."


Except that little detail about sending the magic pipes with a power supply a 100 times too weak! LOL!!!!!


The best comes from Cecil in 2010 shareholder update:

Quote:
"The milestones that we achieved these past twelve months have set up 2011 to be a monumental year," stated Mr. Cecil Bond Kyte, Chairman and CEO of STWA, Inc. "Throughout the course of 2010, we have positioned ourselves to take advantage of the tremendous opportunity that our energy-efficiency technology holds for crude oil transportation and diesel engine efficiency to help meet energy demands and emissions quality standards. We believe that our development of an AOT™ product line has the potential to change how crude oil is transported around the globe, resulting in significant cost savings for pipeline operators, greater safety and a reduction the industry's environmental footprint. I am excited and encouraged by the strides we have made as we get ready to begin our baseline testing in January and enter real-world application with our technology."

9 years later no adoption of any Qsep products of ANY kind. During this time hydrofracking revolutionized US oil production.

“Temple we've beat that horse to death and I'm not wasting another breath on it. They are a partner, period. If they wanted their money they would have tried to get it a long time ago. QSEP will have no problem paying them if they move into sales. Next.
“

Oh some great partner...they collude with Qsep to offer up legitimacy in exchange for cash....now Qsep agreed to pay 10% interest on a million dollars past due debt. If these guys are such great partners and knowing Qsep needs it’s cash resources they would take stock in exchange for these unheard of licensing fees. No company would license an unproven technology that nobody has ever used or even demonstrated effectively ...seriously. This isn’t a team from MIT. Temple is a mid tier college not know for its physics accomplishments. Obviously they happy to wait...who else would pay dollar one for the work of a crackpot professor who claims blood,chocolate and all forms of oils, diesel and gasoline can be modified and improved by Tao’s great white pipe. It comical!

Brain Altounian still operating behind the scenes? He has wrecked more public companies than a bulldozer.

Lil! That quote is missing the most critical info that tells the real story...failure!

“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.”

No wonder they didn’t pay the lease that were obligated to pay.

I hear how this or that cant be true but nobody can explain why they paid other than to offer up some ridiculous assumptions that even my freshman college kid wouldn’t even make. Like ohhh it must be an insurance policy...but they will get it back...hahaha! Yeah right. Just like Temple was writing off its debt and Bigger was the man for the job because he was banker. All a bunch of Foolishness that might catch a few bait fish but no institution our hedge fund is investing in this company no matter how many conventions they attend. They are not stupid.

“
The fact that 2 fortune 500 companies have tested QSEP's AOT technology is a strong sign pointing to a high likelihood of industry adoption. It may have taken place one and two years ago respectively, but QSEP just saw this form of validation interest from yet a THIRD fortune 500 oil company that is about to yet again install AOT on their pipeline. Few, if any OTC companies can make this type of claim: “

Seriously? Every otc company always has some large company on the hook. Besides both those companies passed big time so using the fact that they tested as defacto proof of efficacy, even after they both said “no thanks” , is basic penny stock promotion 101! Spin everything good or bad. Problem is ...Nobody gives a crap about failed test only about ones that produce sales which Qsep and all its iterations of products based on this very weak science has never been able to achieve.

“
QSEP have tested their technology with fortune 500 powerhouses like Kinder Morgan and TransCanada right on the famous Keystone pipeline that moves 500k barrels per day, and both oil giants have paid the cost of the tests (proof that there is massive interest from the industry in their tech). It is my belief that the first major contracts about to come through. Once they lease or sell units to an oil company this will be considered adoption in the industry (which is a huge deal in the pipeline industry which rarely sees such drastic innovation). “

More ridiculousness! Tcpl terminated the test 90 days into a 6 month term! They basically executed a bail out clause and both parties mutually agreed that the test was “flawed” and inconclusive. The Rig was returned to sender! Kmcc was even more of disaster! Three times back and fourth and then Kmcc refused to pay for the lease of the rig and Qsep covered it up for years. Today they still refer to the lease as “suspended” and used a safety start up clause to bail out that deal. This company has a history of botching everything it tries to present. Qsep is better off selling paper than pipes. At least investors will know what they are buying!

“On a typical 100,000 barrel per day pipeline, AOT will generate approximately $17 million in annual revenue. This is based on pro-forma numbers released by the company. “

Completely idiotic fabrication of reality! Total lack of understanding of the science and methodology of moving crude. Roi pulled from the heavens to support a product that at best is a niche bottlenecking device but more likely just a large movie prop to keep investment flowing in! What excuse will be made when no major bites! I wonder how many times “ continued interest” will used to really mean the operator found no benefit.

As for the 500k payment for installation...I’m confident this also for rent yet Qsep won’t say that this is a “paid for” demo site where Qsep will play with the numbers and fudge the results like Tao did with All that came before. They have done it for 20 years! Every device ever created by Qsep has NEVER preformed anywhere near expectations and pipeline operator know this. Too bad Aot doesn’t extract CBD oil...it would be a much better story for crap shooting investors placing bets on the hopping sixes!

Just another example how Qsep happily fills pages of the 10k with previous failed pilots spun up as major successes but shrouds a
.5M dollar payment behind a curtain of secrecy that even wolf of walls st pundits can even explain. This always amounts to something sketchy especially when they bury this info in subsequent event. This as the companies contractual obligation go unpaid and accrue interest at a rate 10% year!

The answer is pretty clear. They are paying for the install and or renting the facility for a period of time from the pipeline operator. The unnamed company isn’t stupid they require Cash Before Delivery! Note a “deposit” for a “work order” is usually a percentage of the total invoice. Are they mounting the magic pipe on gold bushings???!

Dude PS is not a “pipeline operator” . The might have a part in the install but they ain’t building any more AOT. Qsep is sitting on 5 of them collecting dust.

“During 2018 the Company paid Temple $10,000 and incurred an additional $230,700 of costs (including the $187,500 license fee and $43,200 of interest). As of December 31, 2018, total unpaid fees due to Temple pursuant to these agreements are $1,073,000, which are included as part of Accounts Payable – license agreements in the accompanying consolidated balance sheets. With regards to the unpaid fees to Temple, a total of $135,000 are deferred until such time the Company achieves a revenue milestone of $835,000 or upon termination of the licensing agreements and the remaining $938,000 are deemed past due. The Company is currently in negotiations with Temple to settle or cure the past due balance.
“

So much for “Temple is a partner” thesis. Interest on past due debt 10% ! That’s 93k a year in interest along not including the 187k they owe every year each year until the end of time!

Nonsense. A work order is not an insurance premium otherwise it would have said so.

“
And severance packages are given to every CEO and executive who is replaced because they have a contract. Doing so is the responsible thing vs getting into litigation with an employee. What's "dim-witted" is not knowing that, and saying the company is worse off for it.
“

Lol...nice reversion of the facts! The reality is Bigger botched two major pilots and should have been terminated for cause...but his contract was quickly renewed and then he got a fat increase only to walk away a year later. That was his insurance policy not to get canned without a parachute like all that came before him. . That’s how the game is played in qsepland. Every exec gets a nice send off no matter how crappy they preformed.

Sales?? Stupid or smart still adds up to a zero and no amount of sales puffery can change that.

They show a pic of the rig on flatbed as if that means they will be soon be generating ssles! Any dimwit can see this is a compete joke. CFO speaking as if he is technical head of the company...it is laughable.Qsep has so many bad actors that keep getting paid its a revolving ATM. Remember McMullen rubber stamped the previous idiot of a CEO severance package and then came back and said Bigger was demanding too much after the payments the company agreed too could not be made. Great! a CFO that can’t calculate cash flow requirements! Then to top that he operates out of his house in Cali ...for which the company still paying him as if he actually comes in every day. Must be burning up his FaceTime ap. Call it stupid all you want ...but these are facts that are in black and white.

Yeah well Qsep will say all the data supports Tao’s nutty claims but that it cannot report it yet...it will take only another year of refinement and additional analysis. Meanwhile it looks like old Qsep put a deposit down for 500k for a pipeline “ work order”! Is Qsep paying to test its magic pipe? ??? Inquiring minds want to know! Looks like plenty of unregistered shares went off at .05 to pay for it. Qsep loves those foreign investors!

“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.
“

Qsep paying a work order for 500k??? Anyone wanna tackle that one? Should be good!