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Zerosum, awesome news! This is a show of confidence from our CEO AND a board member and serves as evidence that our AOT demonstration project WILL soon be OPERATIONAL with fantastic cost efficiency data being pumped through the system with each passing day.
$$$,$$$,$$$ SALES to follow soon thereafter!!!
We finally can say in unison, "EUREKA!"
GLTA, vintage shareholders! You survived to see a commercialized AOT.
I concur, zeroedin, AND Jason provides...
quite a bit of detail about their engineering repair path and what they've learned from this setback and hope to implement in order to better configure the AOT for various pipeline environments.
It's about as good as we can expect under these circumstances.
Next PR: April 15th, IMO
Well said, AISI.
Hallelujah, Brother ZEROSUM! Thanks too.
ZEROSUM, any insights to boost our collective spirits? You haven't posted in a while. Just wondering if your investor group has been contacted by Jason to explain more than what we got in his latest update.
Cass - Our backs are against the proverbial commercialization wall!
Pray for a Jason Lane et al epiphany AND some serious serendipity to boot.
AOT DEPLOYMENT HISTORY
* July 2012 - AOT installed on China's Daqing Pipeline (PetroChina)
Issues: None
* June 2014 - AOT installed on Canada's Keystone Pipeline (TransCanada)
Issues: Insufficient Power Supply
* March 2015 - AOT installed on the Eagle Ford Pipeline (Kinder Morgan)
Issues: Decreased Impedance, Problematic Electrical Field Generation
Jason Lane hired to change strategy to AOT Pipeline Demonstration approach.
* December 2019 - Major Southern US Pipeline (Unknown Owner/Operator)
Issues: (12/6) Power Supply problem; (12/31) Grid Pack damage on install; (1/24) Electrical Short Circuit; (3/4) Electrical Short Circuit in Pressure Valve Flange
Engineers' Resolution Plan:"Our engineers have presented our plan to rebuild and the electrical connection assembly. Based on current estimates, this process may take approximately six weeks."
My PM Analysis of the above historical data: managerial incompetence
God HELP US!!!
Sad, after 20 years, the risk of failure OR the realization of success, other words the COMPANY's SURVIVAL, is dependent upon the ability (or lack thereof) of our engineers to effectively diagnose and resolve AOT electrical issues. And, now, they need more money to just survive for 6 weeks. Isn't that TAX PAYMENT date...IRONIC, yes? There's little optimism noted in this PR?
Jason, get off your arse and go kick some!
We won't "lose the attention of lawmakers....Here's why:
Colorado surpasses $1 billion in marijuana tax revenue
Colorado's Pot Sales Rose 13% in 2019 to New Record
The state's tax revenue from the drug also reached an all-time high.
Feb 19, 2020 at 5:28PM
Author Bio
People in Colorado really like their marijuana. According to freshly released data from the state government, sales of legal cannabis rose by 13% to nearly $1.75 billion in 2019, a new annual record.
[url][https://www.fool.com/investing/2020/02/19/colorados-pot-sales-rose-13-in-2019-to-new-record.aspx/url][tag]insert-text-here[/tag]
Great work, Smile!
I'm tapped out at this juncture. Looking forward to that update as well.
GLTA!!!
These are weak hands, Flubug....
Only time will tell whether their selling is justified or not.
Those investors who remain are being tested by management and the MMs.
Wonder what these guys are thinking right now? They're all significant holders and thus have an interest in AOT's success. We all should know soon.
Jason Lane
Don Dickson
Thomas A. Bundros
Eric Bunting
Gary Buchler
Richard Munn
William Green
Wombat, check out this medical insurance alternative...very low cost option.
CHM
All the best!
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Thanks, tool!
Zopo - Thanks for your solid DD in Reno....
Here are a few observations:
It was interesting to note everyone but CBD Unlimited had posted the dosage amount of CBD on the front of their product boxes. Ours is on the back but IMO it wouldn't hurt to change that and put it on the front like everyone else for easeful comparison.
TOTALLY true - just added to my position.
Just a matter of time. Todd will get us there.
GLTA!!!
Hope that 12K share purchase was a down payment
by the owner just prior to putting out a PR announcing his go forward SAFS revitalization plan.
Zeroedin - I respect your personal take on this stock.
However, despite my belief that "management" made a number of mistakes in judgment over the past couple of years, I believe they've got the intellect to pull it off in the end.
{BTW, I used to be there myself managing mult-million dollar technology projects.}
My take is that it's very challenging, if not impossible, to anticipate all the issues that arise in the creation of new technology and commercializing it.
You and I are brethren in that I've been in this investment for about the same number of years. I'm neither naïve nor a rote gambler.
Based upon what I've seen in this latest PR coupled with the ongoing insider investments by very smart people, I think this is the last leg down in price and the last leg up on the way to sales.
Let's revisit this topic in 6 months or so. Sorry, I know extending your wait and mine for another 6 months makes us both edgy, but I believe it will be worth it in the end for everyone holding this stock.
Cheers!
P.S. - I hope you do get those 3's. Prosperity for all!!!
I bought this week as well. Just a matter of time.
Cheers!
Your expectations are unrealistic...plez!
"108% increase in revenues year over year." ENOUGH SAID.
GLTA!!!
Thank you, earth1!
For your comprehensive Net Present Value (NPV) analysis of AOT's capital investment ROI to pipeline operators.
$60 million NPV return for a $3 million AOT investment
WOW !$!$!$!
Zerosum, thanks for the detailed sharing of your chat with mgmt.
Yeah, I'm a little jealous, but I also understand that management of any company will share details with mega-shareholders and that's as it should be in business. Because it's the mega-shareholders who are the key to a micro-company's success or failure.
In effect, you and your group (the rest of us to a lesser extent) represent Jason Lane's bankers right now. Who in his right mind pisses of his bankers by ignoring their questions.
Good on you for sharing!
Cheers and GLTA
So true, Paperstack!
PATIENCE is in order here. I too have been in this one for several years. And have added more shares since then.
Eakle et al are doing right buy us. We just need to give them time to get us current and start PR'ing their successes. All of that is coming very soon given the selection of a new auditor.
When current status is achieved and these PRs start flowing, look out! Our pps will have a geometric climb higher.
GLTA!!!
Appears that we're looking at...
a "4-6 weeks" delay in this latest AOT test.
IMHO, we all need to chill from now till the end of August.
Hey, it's QSEP. We've been here before.
I'd like to thank CEO Jason Lane for a candid, transparent shareholder update. Today's report probably saved all of us a great deal of stress over this delay period because without Mr. Lane's integrity, the shorts would have begun a lengthy period of pps attacks at all of our emotional expense.
Time to hunker down until late summer.
GLTA!!!
Not suggesting anything, Whacky.
Just wondering WHY anyone would sell NOW within days/weeks of definitive news about the future of QSEP's commercialization.
Very curious?
I'm still holding as I'm in too deep now to do otherwise.
GLTA!
300,000 shares sold today at discount prices...
One must ask: WHY? Why, given that we are weeks, if not days, away from the news many of us long-term holders have patiently awaited? Why, sell now? Why cash out, or seemingly so, right now? TODAY? What if anything does this chap know about the goings on inside the hallowed halls of QSEP HQ?
Still holding...
Cheers!
Perhaps you missed this little tidbit from paragraph 18?
"We were on track to hit a projected six million in revenue,..."
What isn't exciting about BIG REVENUES? Jeez!
Go ALKAME!!!
Fyi - I bought 500,000 shares at .0002 today from
around 10am to 1pm MST. I was surprised that it filled.
DITTOs!!! Love that HATTER DD.
Welcome aboard, Gents!
It's great to add more members to the faithful.
GLTA!
Right ON! The FAM FAITHFUL finally have been VINDICATED!
Great shareholder update today!
Finally, an intelligent, logical communication from our company's CEO. Why does this SU last night give me solace after so many, many, many years of patience and frustration?
I'm comforted by the content of this investor communication because what is being reported is CONSERVATIVE and LOGICAL just the way a TRUE MANAGER would run a company with game-changing technology.
Indeed, Jason Lane just proved himself worthy of our respect and confidence as he's making exactly the right changes to his team and his company's priorities based upon the opportunities ahead while faced with working in an operating context of very limited resources. These are the kind of choices professional managers make every day. Now we're managing with excellence.
KUDOS JASON!!!
Yes QSEPpers, our little starship just might have launched from its long-term overhaul after being mothballed for years in port.
GLTA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Well said, zerosum!
Yes, there is much of the "same old, same old" reported in this Q, but how's that different from any previous Q or 10k report?
I'm expecting a PR or Shareholder Update in our near future that will clarify all prospects in QSEP's sales pipeline.
Don't make me a liar, Jason!
Thanks, more from your link...
The following rules for HOW TO conduct "Concurring Partner Reviews" suggests that as much as 2 weeks COULD be necessary to finish this audit process.
The concurring partner reviewer's responsibility is fulfilled by performing the following procedures:
*Discussing significant accounting, auditing and financial reporting matters with the audit engagement partner;
*Discussing the audit engagement team's identification and audit of high-risk transactions and account balances;
*Reviewing documentation of the resolution of significant accounting, auditing and financial reporting matters, including documentation of consultation with firm personnel or resources external to the firm's organization (such as standard-setters, regulators, other accounting firms, the AICPA, and state societies)6/;
*Reviewing a summary of unadjusted audit differences;
*Reading the financial statements and auditors’ report; and
Confirming with the audit engagement partner that there are no significant unresolved matters.
These procedures provide the basis for the concurring partner reviewer to perform an objective review of accounting, auditing and financial reporting matters that were considered significant by the engagement team in conducting the audit. The concurring partner reviewer is not responsible for searching for additional matters to be considered by the engagement team. However, significant matters not previously identified by the engagement team that come to the concurring partner reviewer's attention should be referred to and resolved by the engagement team with the concurrence of the concurring partner reviewer.
DD_dempsey
Monday, 05/21/18 02:18:34 AM
Re: Tempy post# 24820
0
Post # of 24871
Tempy-he wants to learn how to make these pics...
\
So all one does is SAVE the photo to the phones. Then using the Internet go to Ihub. Not their mobile app. Use their mobile desktop version. Log in. Then on the top right will be an icon called SETTINGS. Click it. Then click image upload. Then save the image to the Ihub pictures in your account. Then take that link and make sure when you post it ... you code it .. using the [img] as seen below in my example. And VOILA, Everyone can see the picture ! No downloading needed.
—->> [img] POST PICTURE LINK HERE [/img then put the ] to close it
Buy Alert for PURA...
PURA BUY ALERT
Could bode positively for $ALKM$ price potential.
I concur, Zero Fan; however, I think shareholders should continue demanding strict adherence to management transparency in the way of shareholder updates.
Yes, shareholder updates are in order every 60 days at minimum or until this stock reflects a CONTRACTUAL REVENUE STREAM that moves our stock price above $1.00 per share.
If we don't demand shareholder updates now, we'll continue holding with only a hope and prayer that Jason et al are doing what they promised to do. And the MMs will have us by our collective cajones manipulating our stock price at will.
All we want is MANAGERIAL ACCOUNTABILITY to the ones who're paying the salaries and funding the stock options --- ALL OF US.
Besides regular transparency and accountability is not that difficult to execute (as we've seen this week) IF you're truly a professional manager.
I agree with all but the last statement "roses for Jason."
Jason has NOT performed in the role of professional CEO or manager to date.
Why do I say this?
Jason doesn't manage to provide his shareholder/bankers with TIMELY INFO of his progress toward making REVENUES. With a falling stock price, we need these types of updates every 30 to 60 days. Not a complicated thing for a professional CEO/manager to provide.
Jason doesn't provide prospective stock buyers with any reason to buy our stock, again, all the while our stock price is falling due to a LACK OF CONTRACT REVENUES. He needs to start selling to new shareholders the potential of our company. Hey, by now, all of his friends have bought in at $0.07 per share. There's no need to keep our stock price depressed any longer.
Jason owes us, his shareholder/bankers, relevant, unambiguous transparency about what steps he and his team are taking to get REVENUES under CONTRACT. His latest update met this criterion. Previous updates were ambiguous and didn't tie previous progress reports to the most recent progress statements.
No roses from me as yet!
Let's see IF Jason can keep us informed beyond the 10K this month as well as in this latest update. IF he establishes a future track record of REPORTING PROGRESS every 60 days AND he is clear and unambiguous in such reporting, I'll consider he's doing his job as a professional CEO.
Get us a SIGNED CONTRACT WITH REVENUES, he'll get kudos and roses from me.
Reread my posts. I've repeated the same message in each.
Jason Lane owes his shareholder/bankers a status report on what he's doing with our money.
Nothing more and nothing less.
I still believe, zerosum, as you do in this stock.
I'm holding strong. Thanks again for your consistently positive feedback. It helps me (and many other small investors like me) hang.
So does Jason's frequent updates.
$$$$ GO AOT!!! $$$