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Hydrostatic test are used to check for leaks and verify vessel integrity. It’s like a certification for a marine boiler. That’s it…It doesn’t suddenly change the laws of physics or make non conducting fluids without ionization suddenly behave like an engineered rheological fluid! (The overwhelming majority of these engineered smart fluids demonstrate an “increase” in viscosity when current is applied not a decrease! This firming up mechanism is explained and well understood but here an attempt is made to explain away Tao’s ridiculous theories as sound science with only a small engineering issue gumming up the works! All of it begs the question why can’t the company explain it’s tech clearly and concisely and why didn’t they hire quality engineers as soon as they bombed the tcpl test a decade ago! They can’t & won’t because the basis for which the entire pseudo technology is built on is a fallacy and no engineer worth his salt wants to work on something that will do nothing except serve as green PR campaign as a alternative to diluents. Didn’t work 13 years ago won’t work today!
“ Since we are not installed on a pipeline, we will lack flow and pressure, but all other factors will be the same as a customer installation.”
Yeah it’s virtually identical to running on an active pipeline- not!
Yep…it’s kinda of brilliant when you think about it. Right up to the point where Qsep has to prove it works! That’s why they will be in a perpetual state of fixing things. It’s the game plan!
“Can’t remember anything about Greg Bigger .. he got AOT onto a pipeline ?!”
Bigger biggest accomplishment was to exit the company out of its retail downtown lease .
Cecil was CEO when the Tcpl test was signed but it failed and they exited under an escape clause terminating a 6 month lease early. Strangely, Cecil exited stage left before the TCP test commenced. He must have known the company was not ready to ready to field anything especially an upscale version of its device which has never proved its principal operating theory.
The Kinder Morgan contract was technically 8k’d while Bigger was ceo but it was still Cecil who put it together. That deal ended in a disaster! Kmi accepted delivery of the great white pipe to use it to move: - wait for it….Diluent?! A contradiction in itself!Then….KMI never paid for it. They cited safety startup concerns yada yada…The whole mess is a giant black hole.
Hint hydrocarbons are nonpolar and are not affected by a current like a ferrofluid or specifically engineered smart fluid.This extensive study conducted in the 40’s by real scientists of value, clearly show the mechanism of current and fluid interaction along associated viscosity. Taos theory’s are just ink on paper and can’t even hold up against a 80 year old study! Yes of course he did do the YouTube video of his gravity dripping oil contraption.
Magical Mumbo jumbo from Tao who claimed he could alter blood pressure by a similar technique . I see no free flowing milk chocolate machinery based on the same principal. Got lots of press but in the end zero results! I wonder why???
If science could breakdown viscosity of any fluid by just adding a current, it would have been achieved 50 years ago. Whatever dilution qualities a current imparts to a viscous flow is due to heating and the company soon recognized this early in the game after consulting with a expert at UCSB. Qsep soon after then pitched its magic joule heating device which didn’t even make it past a 3d rendering. The proof is always in the data & Qsep has never produced a statistically significant result on a real pipeline in production conditions. They admitted it in several public disclosures so until they can report a result that imo defy the laws of physics, I’ll keep betting on Mother Nature!
From MRQ
As of September 30, 2022 and December 31, 2021, total unpaid fees due to Temple pursuant to these agreements are $1,903,000…
This sum collects 10% a year in interest!
“They’ve continued to dilute within reason over the past decades.”
Nothing more to say…adding millions of shares at a 50% + discount to the market and warrants to boot is anything but reasonable!
Seriously this company is a life style cash consumption machine and a high schooler could see they are strapped! 300k in cash at the end of Sept with a cash burn of $100k a month means they are out of money today. No LOC no equity lines nothing…everything is based on selling crap convertibles. This is not a technical company & the reinsertion of Cecil the clown CEO just reasserts that reality!
No a chance that any of that happens. Here is what comes next …months of nothingness! Apparently no many like to read financials but old Qsep is once again down to the sticks and stems of cash reserves. No mention of an annual share holders meeting is a signal that management is about to dilute John Q shareholder into oblivion! Watch how the that move is instantly applauded as a necessary move or even better s “poison pill” ! When we hear that better exit stage left- it’s about to get real!
Dude…please-all the test failed miserably. Tcpl was yanked after only a few days. Kmi could not even turn out without shorting to ground. The unknown operator experienced the same problem…but that didn’t stop them from cashing the $500k check for the “pay to play” test!
Moved? They have taken a decade and spent the majority of investors money on overhead and stupid licensing agreements not to mention grants and consultant fees for a concept that has never been proved to provide any significant benefit to anyone at any scale. Now they are waving the ready for deployment flag…lol! Efficacy of the alleged magical viscosity reduction effect was not proven with seal test! Not even close. It’s hysterical…
Tantalizing view? Sorry scientific discoveries are only confirmed by real data and market adoption. Not by information gleaned out of the air by crack pot scientists and sleazy Corporate officers looking to sell every share available! Please….at .08 a share today this is a gift from the Heavens!
Lol…a hydrostatic test is a very simple setup that would take only a few days to setup and run but because Qsep is only selling dreams, it knows a large percentage of its investors will never check further. It makes for an excellent opportunity to keep the fleecing machine alive and well. The next steps are easily predictable and will result in a flurry of paid advertorials harping on all the “continued interest” they have received from non existent customers and how proud they are of cracking the mysterious laws of nature.
$6k in stock sales sends this pig spiraling down- Qsep is a crippled company with a single source of getting funds and a product mix that a is a one horse pony!
Mini Madoff wouldn’t touch Qsep with a 10ft Cyptocoin
Disney blew it and they have no one to blame but themselves! Iger had to eat a little crow but he still a liberal globalist and had to make sure he bent a knee to his LGBT employees…meanwhile any movie that touched on those issues failed. Social virtue signaling topics may be most important to 3% of the population by they are not nearly as profitable as just making fun movies for kids. You don’t need a masters degree from Wharton to figure that one out.
Ooohhh 3d modeling is such a technical innovation that’s been around for decades yet now is the time they employ it? Haha! Third party tells me the company can’t even hire an in-house engineer with the proper tools and software to do their own analysis so they have to pay for everything with cash that comes from selling equity with interest to boot! Please… this company is a train wreck in motion and 5 cents a share will remembered as the great Pyramids of Egypt after the market digests what the real value is! Wait until company increases share structure to 1B! It’s coming in 2023.
That’s the only benefit this company has if you it.
Once again its in black and white! The audited 10K clearly states:
“…viability of our devices is not known at this time.”
Any investor should be aware of the financial and technical reality of this
pie in the sky company. Qsep has never run a successful test that has been verified or confirmed any level of efficacy of Tao’s magic white pipe! I would expect another delay after they claim victory for passing a basic leak test but the financial picture dictates they draw the whole process out for as long possible until they figure out another grift angle.
10k doesn’t tell lies….
“
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.”
Paying penny stock directors for just sitting on a board can’t be justified anymore..it took Qsep 15 years to stop the practice! Nothing like a cat like responses to an issue!
“Seem” is not a scientific term to describe efficacy
Wtf is apple involving itself with Elon? Stay the fu$k out of politics and shilling for Ocatopotus
Why you hating on Elon?
Nothing like zero volume to confirm the company is on the “brink” of success!
“Assuming the corrective actions discussed above are achieved, our plans moving forward are centered on achieving commercial adoption of our AOT device.”
Idiotic and unscientific assumptions has been the hall mark of this pseudo tech company for the last two decades. Never have they produced a dollar of reoccurring sales! The current pps is 300-400% inflated and like water will always find the lowest level. $.02 here soon!
It’s about time…
10Q filed
Company now at $1000 a month in sales or 1/50th of 2021 numbers. Net loss close to 800k with 25k in cash left….how on earth is company building and buying anything? Looks to me like the lotion was a giant bust!
“This delay alone would not have caused us to miss our initial timetable. However, our vendors had significant orders placed ahead of ours which consumed much of their capacity and their backlogs increased significantly. We were able to reduce the delay by offering incentives and worked intensively with vendors to outsource some gating items to shorten project completion times.”
Oldest excuse on the planet. Next
“We expect all of our remaining parts to be delivered shortly after Thanksgiving and with no further delays anticipated, immediate Hydrostatic testing to follow. In parallel with testing preparation, we have also been able to capitalize on new potential industry development partners.”
Just like China, TCPL, KMI, and the unknown operator who got the last $500k to expose how poor of an engineering job this company has done over the last decade! All were reported as having “continued interest”! Which is code for: thank you the exit door is to your left!
Lots of selling- must be consultants and insiders pulling the trigger on .03 warrants
Great…show us a working unit in the field saving millions of dollars of chemical additives and diluent that now can 100% removed and the planet saved….
10Qnt filed…thesis will be 9th consecutive disclosure NOT filed in time since 2020. Way to go team!
Head fake right head fake left. It’s all misdirection to keep investors on the hook. No company gives a decade long play by play of their BS fixes of a product that’s never worked in the field…..ever!
The old problems with this company remain the current ones. They carry debt on the books accumulating serious interest now and cashflow strapped as a result of decades of mismanagement and zero sales. They can only sell equity now which is toxic at this stage of game …At least Lane tried to get a test on real line but the engineering of the device was not even adequate to run a $500k paid test! Given this, I’m amazed that anyone believes QSEP has also discovered some revolutionary physics bending effect not yet exploited by every oilco on the planet!
Tell me if Gallagher is so great why does his consulting business have the address of his home which is also the address of his wife’s Photography studio. I mean if he was a major player he would occupy the top floor of a Houston Office building
Yep he is doing great as he already got paid for 122k plus awarded 350k warrants at .03. I’ll bet Bigger is a little miffed as he’s been waiting for several years to get his severance paid off! The bigger problem is there not enough shares left over to pay its debts and launch any real product of any significance. So here another sano prediction….the share structure is going to to change within next 6 months. They will have to authorize another. 250-500M shares very soon.
Any company using this as an excuse believes it’s investor will just roll over and play along….insulating or dielectric material are readily available. There is no reason this has taking longer than few weeks to work out since knowing about years ago! Heck hand cut the material and make a one off prototype or do custom molding without having to tool up! It’s BS they don’t need (inferred)injection molding tooling for anything except diddling it’s investors. Just curious…at what point does an investor say hey this is a scam! 10-20 years of failure….jeez!
“
The power supply did not shut down due to arcing nor any other issues and we were able to test the stack assembly up to 40 kV in oil; the maximum output of the power supply. While we do not expect to see free water in pipeline quality crude oil, we wanted to see the effect of free water on the stack assembly. We added sufficient water to disrupt normal operation, but we were able to slowly increase voltage to treatment voltage over a time. This gives us confidence that if water were to enter the system, we would be able to return a full size AOT to normal operating conditions.”
Excuse me but what exactly are they testing now…. a scaled down version? Why say full size? Are they testing with a Star Wars Lego set? Seriously Qsep management must believe it’s investors are asleep!
“Part of the component testing we completed was to determine if the parts were fit for purpose for constructing a complete stack. While we had no major issues, we did identify a few modifications that will make complete stack assembly easier, and we solidified our choice of manufacturing methods for the spacer rings. We will be cleaning and inspecting all parts of the stack assembly to see if there are any other changes that might need to be made before ordering the parts for the hydrostatic test. All parts have been ordered for the upcoming hydrostatic test.
The lessons learned during the stack assembly test have been applied and the results incorporated into the designs for the spacer rings and the screens. This change to the isolator ring design resulted in some iterative designs to optimize the casting tooling or molds. The time spent on this redesign created a delay in our goal for testing in September. Our vendors backlogs significantly increased during this time, also creating delay in our September goal for testing.”
Another in a long line of crapball excuses. It’s always an internal issue or something like swelling of gaskets or insulation that management thinks can’t be checked out. If they are molding parts in resins there are many ways to achieve what they want without expensive tooling. A savy legit company would find a method to do this in weeks not months! Qsep is stalling once again….meanwhile they run out of cash in Dec.
“While we have missed our projected testing timeline, we are able to report that the manufacturing process is underway. The first step in the process was to have tooling made to cast the resin parts. Tooling has been received and we have inspected the first articles from the casting process. If no further delays occur, we expect the rings to be completed shortly. The screens are also being produced and are expected to be complete shortly.”
Manufacturing process??? More like first time engineering. Makes you wonder WTF have these guys been spending money on for the last decade+!