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It could have been worse!
We could all be the proud owners a "Hearing Clinic"!
Funny. What do you think they are doing? Having a barbecue?
When I said wax I was referring to the Joule Heating System ...
"Previously, Dr. Gallagher served as President of e9 treatments, where he developed and executed a strategic plan to advance the company's surface treatment technologies in the oil and gas industry, including expansion of the IP portfolio, and commercialization activities, resulting in significant cost savings due to improved wax management for the customers."
Has anyone seen a pink elephant in the room??????????
Does wax ring any bell?
try www.bangladeshranking.com/taomiao/taimahaltemplephysics ... they will surely list Temple at 1251781831873817837817817 place!
(no offence to Bangladesh intended)
do you want tea and biscuits too?
I am in!
meaningful and detailed updates
Shareholder update out
https://ir.qsenergy.com/press-releases/detail/2045
As dramatic as it seems ........
... it was triggered by 78431 traded shares only.
Very thin volume to say the least.
This does not apply in Europe
Jason Lane converted 550,000 warrants
https://ir.qsenergy.com/all-sec-filings/content/0001683168-19-000989/form4.html
As we move into what we hope will be the final steps toward commercial operations, much of our focus has been on preparing to leverage proof-of-performance data from the demonstration project to reintroduce our AOT technology to the industry. Since taking the reins of QS Energy two years ago, I have been working with my team to lay the foundation for potential sales by meeting with pipeline companies around the world. These decision-makers understand the basic value proposition and, like all of us, eagerly await results of the demonstration project. With anticipated data in hand, this should no longer be an academic exercise. Industry executives with defined and demonstrated need for our technology are waiting for the type of information and access that this demonstration project has been designed to provide.
As communicated in my February 2019 shareholder update, work on our AOT demonstration project with our pipeline operations partner began earlier this year. We have been very pleased with the working relationship and operational excellence of our partner on what could be a milestone event for the Company. Although we're a bit behind schedule on our mutual goal of installation and operations in the first quarter of 2019, I have been very impressed with the pace of this pipeline company. The project is well under way and we see consistent progress toward final site preparation and equipment installation. While civil and electrical engineers have been focused on site design and preparation, we have been working with our demonstration project partner to develop and confirm start-up, tuning and testing protocols. Based on our most recent review of progress and timelines, we now anticipate shipping AOT equipment to the demonstration site by mid-April, with installation and commissioning of the AOT to be complete by the end of April. If all goes according to plan, the AOT demonstration project is scheduled to begin operations the first week of May.
Our manufacturing strategy is to contract with third-party vendors and suppliers, each with a strong reputation and proven track record in the pipeline industry. These vendors are broken up by product component subcategory, enabling multiple manufacturing capacity redundancies and safeguards to be utilized. In addition, this strategy allows the Company to eliminate the prohibitively high capital expenditures such as costs of building, operating and maintaining its own manufacturing facilities, ratings, personnel and licenses, thereby eliminating unnecessary capital intensity and risk.
The Company is currently pursuing AOT testing in several countries in South America related to upstream, midstream, barge, and tanker truck applications. Oil samples from multiple clients have been shipped from South America for testing at Temple University. There is a vast amount of heavy oil in these countries and we believe the Ministers of Hydrocarbons have standing orders to increase production and transportation capacity. We are also in discussions with an exploration and production company regarding AOT operations on a West Coast heavy crude gathering line that relies heavily on diluent to achieve required viscosity. This project could be designed to demonstrate AOT for upstream and trucking applications. We continued work with an existing client in Asia on a potential AOT demonstration project; however, progress on this project slowed from our original targets. 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. In August 2018, we were approached by a prospective customer with operations in Russia and other regions in the former Soviet Union with expressed interest in receiving a proposal to install AOTs on a new 2,000 km pipeline. Ongoing communications are continuing with energy companies in Europe and the Middle East. Our ability to do business in some of these and other potential target markets, specifically including Russia, China and Venezuela are now, or may in be future become, restricted or impacted by sanctions, tariffs and other government actions imposed by the United States or foreign governments.
Plans moving forward are centered on achieving commercial adoption of our AOT device leading to sales and revenue in 2019. Over the past year, we have met with many industry executives who expressed interest in AOT subject to seeing and evaluating commercial operations and data. Assuming successful operations, the demonstration AOT project should provide data requested such as real-time changes in viscosity, pipeline pressure drop reduction and increases in pipeline operating flowrates. All collected data will be normalized such that it can be used to evaluate the financial and operational benefits across a wide range of commercial operating scenarios without disclosing confidential details of our demonstration partner’s operations. We believe that real-world data from our proposed pilot AOT project may be used to accelerate our desire to achieve commercial adoption of our AOT technology, positioning us to re-engage with industry executives, targeting sales in late 2019.
The pipeline operator finalized site selection and began site design and engineering in January 2019. 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.
I want ...
I want ...
I want ...
... a candy?
... a lollypop?
... a 99?
Does it mean that, since we are still in R&D, the 20 year patent has yet to start ticking?
There was a very nice and explicative post by Smile ... a sort of summary of bits and pieces from shareholders update and other forms. Where is it gone? Thanks
Do you really believe the flow of emails made a difference? You got another thing coming!
Can you please elaborate?
"I urge you to pay close attention to developments, especially domestically, as soon as the tax cut revisions are passed as new law!"
Thanks
Depends where are you based. I use Interactive Brokers.
Let's hope we will soon reach financial independence too!
DRA-GGGGGGGGEEEEEEEEEEDDDDDDDDDD AWAY!
14/07/2017
I believe just the opposite ... preferred shares will have no votes.
Not easy to go upwards since there are two sell orders for a total of 119,800 shares at .25
The only thing that sprung to mind was coitus interruptus ....
$35
Here is the link: http://www.otcmarkets.com/stock/QSEP/quote
Conservative? Not at all ........
$35 is as plausible
What program are you using to get L2?
Thanks.
Are you really sure?
Look at their operations.
http://www.devonenergy.com/operations
14/07/2017
I am shocked. What a pearl of wisdom I have found!
I think that the door to door stage is behind us. The company is gaining visibility and getting unsolicited oil test requests from new sources. This for me is a good thing. It is also agreed that the quicker the AOT is adopted the better we will all be!