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Ha. Great point. Everyday there is a new argument against the company, and every one gets squashed right in their tracks. Today’s is no trade shows and the Temple dues. As if either of these things means anything. Yesterday is was that stupid density argument which AISI squashed, before that it was the endless “they are about to run out of money and go bk” —all wrong. And so on and and so forth. Tomorrow it will be something else.
I have not bothered to say this because it’s bloody obvious. But If so and so was paying attention, they would know QSEP doesn’t need to attend trade events to win customers. It has 20-30 customers who know about and have dialogue with QS, and are able and willing if the data is good. QS will have more customers than it could handle if they effectively show the right results from a commercial pilot.
As far as Temple is concerned you are exactly right. One million is peanuts in this game.
Quote:
Also...the company owes Temple over a million dollars for the right to this alleged tech with 10% interest clicking off every year.
“Why do you keep talkin about the million dollars that QSEP owes Temple...? DO YOU REALLY THINK THAT THAT'S BIG MONEY IN THIS GAME? QSEP just handed a half a million dollars to the partner pipeline operator without blinking an eye.”
Sure. Whatever you say Sano. Some just do not understand what the AOT does, or how it actually works. Or, just don't want to believe it. The truth will all be revealed soon enough via this pilot one way or another and we will see who is right and if this is fluff or not.
I'm not sure if this helps or not, but I know customers have sited one reason they want AOT is because they were going to install a pump station, they didn't want the heavy cost, and instead wanted to replace the pump station with AOT instead. Saving them hundreds of thousands of dollars per pump station.
Also, I could be wrong here, but I thought AOT was placed right after the pump station, thereby maximizing the effect until it hits the next station. The oil reverts to its more viscous state before it hits the next station, then goes through the pump and then AOT again for the next stretch of the line and on and on. Every customer of course will be different and have different pipelines and different needs.
Let me remind everyone what the company said at the last shareholder meeting. QSEP has 20-30 customers lined up ready to move into sales when they provide commercial data that can be shared and made available to the oil industry/potential customers.
This pilot is being done on the commercial pipeline of a massive fortune 500 oil company.
Ireland, wow cool. Always wanted to go. Totally agree with your thoughts here. Well said by you.
I think they will want -to be sure- the data gives a complete picture so that there is no mistaking, no questioning or creative interpretation of the results. The initial data along with much follow on data will be the value proposition for the company going forward with all customers. I think they will not want to leave as little as possible open for interpretation. Especially since this is not just for QS, this is for the customer just as much as it is for QS.
That said, I think they could get some of these results out quite quickly if they wanted to, since the effect is quick. So they could get initial results out soon. It just depends on how much data crunching processing they want or need to do.
I hear you, and understand completely. That’s fair in my book. I wish you much success, as I do all of us who are invested.
Because ZE, there are a lot of impressionable novices here that read what anybody writes and then acts on it. They will sell stock just bc you claimed there was going to be some large dump -- which is not necessarily accurate. Or that shareholders won't be able to sell - another likely inaccuracy. Those are serious claims, and you're just grasping at straws and guessing. I'm not trying to censor you. Say whatever you want. I just asked that you be careful. I'm trying to protect other shareholders and protect the company by asking that. That's all. If you don't agree with my sentiment here do whatever you want. I'm just trying to make you aware that people who don't know any better will take action on your assumptions, accurate or inaccurate.
Understand?
eh, its the stock market. Anything can happen. But like AISI said, once we get good results and one or two things happen we won't be worrying about dips, we will be praying for them.
To me, that 300% increase in the price is a huge huge deal.
If we dip down I'm a buyer. I'm a buyer on any dips and so aren't others I know.
I think this bares repeating:
BTW, did anyone pick up on the fact that the company's value just increased by 300%? The last offering i believe was at 5 cents. A .15 cent offering now shows the perceived value of the company at triple that.
Smile, those early investors are. And institutional investors will be paying much more :)
Board of Director Eric Bunting has at this point recently funneled hundred of thousands of dollars, maybe close to or over a million dollars into QSEP. He is an insider. By default he knows more than we do.
Think on that for a moment.
You are wrong. Better check you facts bub. There are multiple ways to qualify.
Anyway, I expressly said this is not happening tomorrow or anytime soon. It's not something the company has said publicly. So the company is not making any claims. They simply took a meeting to prepare, However when they qualify they do intend to uplist. The qualifications are less than most think.
Yep. The vast majority came from insiders.
QSEP fam, this is exactly how a smart institutional investor is thinking. AISI is a very smart and experienced guy in this world. He has experience. I would be listening to him. I am. Closely.
Well, I was being facetious. But, if you want to go there it depends on how you calculate it. I don’t like to make price predictions that far out of the money. But, I was saying market cap, so that implies a stock price of somewhere around $10.00. 2 billion market cap could realistically happen quite quickly if business momentum takes off quickly. I don’t see that happening but it could given they have 20-30 potential customers right away if the data is good. If your talking revs? Geez way way higher. It would be a multiple of that. We have a ways to go before that happens. Let’s walk before we can run. But if your having fun with it, there are still many people that think this stock will go over $100.00 a share if it plays out the way they think. (Please, no one ever say I said this going to $100). I’m not in that camp but there are plenty who are. I just don’t like to think that far ahead. But way more exuberant and stranger things have happened. Look at Tesla. QSEP if successful can actually make a boatload of money right away. Not just revs, cash flow. Profit.
Geezus, that’s some form 4, wow. Talk about confidence. Does he know something we don’t? Lol.
I can’t piece it all together. Anybody got a read on how much he’s up to now? Looks like over 11M.
I’m pretty sure he hasn’t sold one share either. From even before he was an officer/board member.
This guy is piling money in here like we’re about to be a 2 billion dollar company.
Zero Edin, Please be careful making assumptions and then making them public. I spoke to the company day before yesterday and oddly enough (really out of nowhere) they mentioned on that call that have plans to uplist to Nasdaq, and have recently had a meeting with their IR firm regarding this to prepare for it and meet the necessary requirements. They have not mentioned this to me before, at least this current (or previous) management never has. And, I haven't heard talk about uplisting in many many years so this is new to me. This not anything insider either, I double checked before writing.
So, being sold is not their only option. Uplisting will provide liquidity for shareholders as well. I only have mentioned this because of your assumption that we must be sold. It's not the only way. There are also other things the company is doing at the moment for shareholders in this capacity for liquidity.
Now, everybody please do not jump out of your pants. I am not focusing on uplisting. This is after things progress, although if things move they way I think and hope, uplisting could happen relatively soon. I do not know when for sure, however I would not dismiss what is happening here with QSEP.
They are 5 steps ahead of what most are thinking.
Imo these results we are about to get are literally worth billions, and will increase the company's value substantially.
Who cares, really. But he said sales. If they sell it. But by that time the stock will be over $1.00 and you missed the opportunity to get in low. Even though it will still be a bargain.
When this stock was at 5 cents I was pounding the table to buy it. Stocks build in value and future growth quick. You can’t wait around to buy them or you miss the boat. These prices are still a gift.
Just another step Faith, like I told Edin, there are only 2 sellers in there, and one showed up just because the first one started selling. No big deal. I think these sellers are complete idiots selling right before so many catalyst. And, buying is taking up all those shares. We will likely be right back up.
I am a buyer on any dips. to me, this is not a dip. Still very strong.
I mean like Shannon Rasmussen oil pipeline engineer, Senior Industry Executive, Successful Entrepreneur, and Fluid Dynamics Expert Christopher T. Gallagher, PhD, the report from the second largest Chinese oil company verifying that Dr. Tao's electric field did in fact reduce the viscosity of crude oil (AOT was run for one week, 24 hours a day, on a live pipeline in China achieving "results consistent with" the amazing lab test results).
Also The Department of Energy: DOE verified test results indicating the viscosity of crude oil was reduced by the AOT.
ATS RheoSystems; verified test results indicating the viscosity of crude oil was reduced by the AOT.
And oh yeah that little NIST test done by National Institute of Standards and Technology.
Yeah like THOSE people.
LOL
Seriously don't even think twice about it. These 2 sellers are idiots and going to regret it big time. They have no clue what they are doing. Literally only 2 sellers in the market right now --no biggie.
Also, pretty impressive how we really haven't gone below mid 20's for any length of time. I like how the buyers are coming in here. That is a good sign.
If it would actually come down i will be loading up, but it's not really coming down. I like it.
Exactly. Bravo. AOT doesn't break any so called made up law of nature. Only one's construed interpretation of it.
AOT doesn't break any crack pot made up law of nature. The issue here is simply a lack basic understanding of how the AOT works, while scientists and experts in the field seem to understand AOT just fine. Funny how the list of scientists and industry professionals keep growing that have done real work in the field of fluid mechanics, oil pipeline engineering, and electrorheology do not see AOT breaking some invented law of nature that only exists in one's head..
I'm betting that Senior Industry Executive, Successful Entrepreneur, and Fluid Dynamics Expert Christopher T. Gallagher, PhD isn't familiar with Sano's "Laws of Nature".
Wow Flu, what a great story, and a successful one at that. You never held any through the down turn. good for you mate. Bravo. I did something similar although I did hold some though the down years but it was literally a fraction of what I have now.
And, I totally agree. We all have that lottery ticket in our lives. Or, we all should. It makes life more interesting and hopeful. And same here, if it went belly up tomorrow it wouldn't hurt at all, but if they are successful; total life changer.
And, I think our odds here are far far better than any lottery ticket.
Hilarious.
As I See It Tuesday, 05/28/19 09:56:15 AM
Re: armour65 post# 47352 0
Post #
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I'm betting that Senior Industry Executive, Successful Entrepreneur, and Fluid Dynamics Expert Christopher T. Gallagher, PhD isn't familiar with Sano's "Laws of Nature".
Sano, you need to get out in front of this. Mr. Gallagher seems to think that the AOT can reduce viscosity in direct violation of your crackpot made up "Laws of Nature". Just look what he said:
Mmm, I wonder what margins will be on this....
Ha. Well said. But selling it right in front of many major catalysts? Even if you are a trader it doesn't make much sense. And, I don't think there is any scalping on QSEP, like you said, there's just not enough volume. But, that said I'll take your explanation as I can't think of any other plausible reason and it sounds about right.
One thing though. I will tell you for sure that 97% of all the old shares are gone. Sold, a long time ago. And the old larger holders that remain are not selling. But, like you said there are probably a few who have been holding all these years just to get out I suppose.
Anyway, thanks for your take. Appreciate it.
I can't believe there is anyone left selling this still right in front of:
1) the data
2) adoption
3) sales
4) revs
5) contracts
6) PR
7) IR
8) Institutional investment
A question for the sellers....
--Ya'll know that if the data is good the stock will double or triple quickly from here and then head to dollars, right??
But hey, those that still need shares thank you :)
Yes, please say good-bye. This line of questioning is completely disingenuous and insincere. Please no one waste your time on this childish badgering.
Congrats Flubug.
I'm confused. You think no one can find him on linkedin or something? I'm sure everyone who wanted to found him on linkedin already. I found him hours ago this morning. I'm not going to post a guy's personal details on a crappy public message board if that's what you're looking for. I don't get you, What's your point?
ZeroEden and JJ- Hilarios I must say that gave me nice chuckle.
Anyway, what's relevant here is he joined QS.
What's really relevant here is that Dr. Gallagher is quite experienced. He's quite a get for QS, and I'm impressed QS is attracting this kind of talent and expertise. He is perfect fit. I'm pumped, It certainly looks like he is well connected to big oil. Well done QSEP.
QS ENERGY ANNOUNCES ADDITION OF SENIOR INDUSTRY EXECUTIVE, SUCCESSFUL ENTREPRENEUR, AND FLUID DYNAMICS EXPERT CHRISTOPHER T. GALLAGHER, PHD TO ASSIST IN AOT DEMONSTRATION OPERATIONS AND PREPARATION TO ENTER COMMERCIAL PHASE
Download PDF
HOUSTON, TX / ACCESSWIRE / May 28, 2019 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB: QSEP), a developer of integrated technology solutions for the energy industry, today announced that it has engaged Christopher T. Gallagher, PhD as a consulting engineer to work as an integral member of QS Energy's engineering team in advance of AOT demonstration operations in what could be a critical milestone in the Company's commercialization efforts.
Over his career, Dr. Gallagher has brought multiple technologies to the international market, has worked and sold products and services in many countries, and has deep expertise in addressing flow assurance and the complexities of heavy crude oil transportation for one of the largest oil services companies in the world. As President of Multiphase Consulting, Dr. Gallagher provides consulting services to the oil and gas industry in the areas of strategy development, due diligence, technical evaluation, and business development. He also advises clients on procurement of new technologies and acquisition activities. 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. From 2012 to 2015, he served as Vice President of Technology and Product Management at Rockwater Energy Solutions, a leading provider of water solutions and oilfield chemicals to the North American oil and gas energy market. While at Rockwater, he built a strategy targeting high growth areas for development resulting in an increase in the number of successful new products by more than 200% the first year. He also streamlined operations and rationalized product lines resulting in significant cost savings. From 2010 to 2011 he served as a Vice President with SCF Partners, an energy-focused private equity firm. From 1996 to 2010 he served in a variety of roles with Baker Hughes, most recently as Vice President of Technology for Fluids and Chemicals managing a team of 100 scientists and engineers, where he oversaw a variety of product platforms including drilling fluids, reservoir fluids, fluid environmental services, production optimization, integrity management and flow assurance. Dr. Gallagher holds a Doctor of Philosophy in Chemical Engineering from the University of Notre Dame, a Master of Science in Chemical Engineering from the University of Notre Dame, and a Bachelor of Science in Chemical Engineering from the University of California, Davis. He has authored 10 patents and numerous publications in the fields of fluid dynamics, chemicals, as well as oil and gas technologies.
Dr. Gallagher noted, "Having worked closely with pipeline operators, I recognize the unmet market need for QS Energy's patented Applied Oil Technology (AOT). In my experience working with teams of scientists and engineers to find cost effective ways to reduce crude oil viscosity and increase pipeline efficiency, I have not come across a technology that could replace traditional diluents and additives. The AOT has the potential to reduce or eliminate dependence on chemical additives with an elegant electromechanical system. The value proposition from both a logistics and economic standpoint for the customers is compelling. I look forward to helping advance the technology through full commercialization and anticipate rapid market uptake."
Jason Lane, Chief Executive Officer and Chairman of the Board, commented, "We are delighted to announce the appointment of Christopher Gallagher, who brings a wealth of relevant technical, engineering, international business and industry expertise. He has been responsible for bringing numerous products to market, brings deep industry relationships, and has an exceptional grasp of fluid mechanics, which will be of tremendous benefit as we advance our full-scale pilot program and seek to enter the commercial phase."
Yes Sir it most certainly does. AOT is said to have a positive effect on preventing wax build up in the line, a serious issue for pipeline companies.
My take on QSEP, an overview.
Full disclosure, I am long and a large shareholder.
This is a .10 stock (was a .10 stock) that will be at .50 - $1.50 in the medium term, and then $3.00, and $5.00-$10.00 longer term. All the DD available lays out a clear picture as to how they will get there. This is the potential myself and largest shareholders see for this stock.
It is well known Oil pipeline companies have always had a problem not being able to move enough oil due to the limited number of pipelines, the very thick viscous nature of crude oil, and the vast oversupply of crude here in the US. This is well evidenced by the rail and trucking accidents and fatalities that have resulted in trying to transport crude oil by train and truck; sadly entire towns have burned down. Pipeline companies spend millions every year in an effort move the oil faster and cheaper through their pipelines. They heat the oil, treat the oil with expensive diluent, and add drag reducing agents (DRA's) in order to minimize drag on the oil which slows the oil down while in transport.
In a nutshell, QSEP has developed a new technology (AOT - short for "Applied Oil Technology) that helps oil companies move a lot more oil in an existing pipeline (up to 20% more) and as a result make more money by bringing more crude oil to market.
As far as potential revenue is concerned, pro forma estimates state that on a typical 100,000 barrel per day pipeline, AOT will generate approximately $17 million in annual revenue for QSEP.
AOT increases pipeline efficiencies with a flip of the switch. In many cases by simply being able to reduce diluent by replacing it with the effect of the technology (QSEP has copyrighted “ediluent”), and in other cases by reducing or eliminating bottlenecks, AOT will translate into huge pipeline efficiencies. Especially on thick heavy crude in cases where simple diluent or heat won’t work. If oil companies can sell 10% to 20% more oil onto the market- their revenues can increase by 10%-20%. Even a 3% increase would generate a massive revenue increase for the typical oil company, and specifically the oil pipeline companies themselves both in the US and in places like Canada, South America, China, and Russia. And Especially in countries where the transporters and E&P are the same state run entities like South America. All places QSEP has strong interest from.
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 serious interest from the industry in the AOT).
QSEP has landed a major pilot agreement with a Billion dollar fortune 500 oil company which will be named in the relatively near future. This will be a demonstration site for all potential customers of AOT to view the technology in action in real time.
If good data comes from this pilot with QSEP’s current partner, it is my belief that the first major contracts are about to come through. The current customer/partner has said they intend to outfit the rest of that pipeline with AOT’s that the pilot is being done on. Once they lease or sell units to any 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). Industry adoption = future sales.
During the last shareholder meeting, QSEP stated they have 20-30 oil companies ready to move forward with the sales process once the data is made public and accessible to customers. Many oil companies are waiting to see the real time oil viscosity reduction data off a commercial pipeline. If the data is good, the industry will move to adopt the technology and the commercialization (sales) phase will commence. This is because QSEP have been cultivating relationships will all of the major oil companies both domestic and internationally for the past 10 years, and they will buy the tech once it is adopted by the industry.
I believe that QSEP will see a dramatic valuation increase if and when it commercializes its technology.
And most importantly, this pilot is being done for a reason. The Oil company is interested in adopting the technology if the data is good, with the aim of sales with this fortune 500 customer. As of Monday April 1, 2019, during an interview at a micro cap conference QSEP CEO Jason Lane stated that the first sales for AOT are expected to be generated from this AOT pilot program with the Billion dollar oil company.
QSEP has 2 distinct revenue generating business models. Both are a recurring revenue model. In addition to leasing units to oil companies, QSEP has developed a revenue model for their business which charges the oil companies a per barrel fee; QSEP would make money on every barrel of oil that passes through the pipeline equaling 10's or 100's of thousands of dollars per day depending on the # of barrels moved. The lease revenue model v.s. toll/fee model will depend on the customer and their needs.
To put a bow on this story, there has been MASSIVE insider buying within the last year. Another fascinating aspect to this stock is that 3 other groups have approximately 65% of the float locked up, so there are not any shares for sale in size. So if any decent size investor wants say a million shares, there simply are not a lot of shares for sale. There is about 300M shares outstanding. So about 195M of that is locked up in strong hands if not more. The float has changed hands many times over the years, and imo the vast majority of impatient shareholders were gone long ago after all of the mishaps. All the recent note holders are strong hands, and myself and several others are the ones who own those notes and we are holding tight for the long term.
If QSEP sees their AOT adopted by industry this is easily at minimum a multiple dollar stock. The growth of the company will be exponential with annual recurring revenues over the next 10 years due the demand from the industry, and the vast number of pipelines around the world that will be outfitted with AOT's. QSEP right now has multiple international oil companies that want to deploy AOT on their lines, they are simply waiting for the data. QSEP will have a backlog like that of Boeing on a smaller scale, creating incredible growth for many many years to come. Imo we are in the very early stages of what will become an amazing wealth creation vehicle over the coming years and it's beginning right now.
Ha. Sorry I don't think so.
Tpsully, time and time again we get these data points, or clues as I like to call them (not subtle ones in many cases) that I continually point out that tell us the technology and the company are in fact truly heading into sales and adoption by the industry. This is another one. And it's not so subtle.
Happy Birthday Footer! And many more Miss. Yes, it's quite an impressive addition to the QS staff. Lane surely is not messing about. This guy ran Baker Hughes' international operations for many years. Knows most everyone in the industry we will be selling into. He's basically a perfect addition to the QS family.
Damn impressive.
Hahahahaha, fantastic. Wait wait wait. How is it even possible that Mr. Gallagher isn't aware of Sano's crackpot law of nature that AOT clearly is breaking??!!! It's not possible!!! (cue computer being thrown out a window somewhere).
This is too much enjoyment for a Monday morning. Hilarious.
An Ihub subscription costs $50.00 (or something)
Watching QS & AISI destroy inane arguments: priceless.
HA HA freaking HAAAA.
https://ir.qsenergy.com/press-releases/detail/2047
QS ENERGY ANNOUNCES ADDITION OF SENIOR INDUSTRY EXECUTIVE, SUCCESSFUL ENTREPRENEUR, AND FLUID DYNAMICS EXPERT CHRISTOPHER T. GALLAGHER, PHD TO ASSIST IN AOT DEMONSTRATION OPERATIONS AND PREPARATION TO ENTER COMMERCIAL PHASE
Download PDF
HOUSTON, TX / ACCESSWIRE / May 28, 2019 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB: QSEP), a developer of integrated technology solutions for the energy industry, today announced that it has engaged Christopher T. Gallagher, PhD as a consulting engineer to work as an integral member of QS Energy's engineering team in advance of AOT demonstration operations in what could be a critical milestone in the Company's commercialization efforts.
Over his career, Dr. Gallagher has brought multiple technologies to the international market, has worked and sold products and services in many countries, and has deep expertise in addressing flow assurance and the complexities of heavy crude oil transportation for one of the largest oil services companies in the world. As President of Multiphase Consulting, Dr. Gallagher provides consulting services to the oil and gas industry in the areas of strategy development, due diligence, technical evaluation, and business development. He also advises clients on procurement of new technologies and acquisition activities. 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. From 2012 to 2015, he served as Vice President of Technology and Product Management at Rockwater Energy Solutions, a leading provider of water solutions and oilfield chemicals to the North American oil and gas energy market. While at Rockwater, he built a strategy targeting high growth areas for development resulting in an increase in the number of successful new products by more than 200% the first year. He also streamlined operations and rationalized product lines resulting in significant cost savings. From 2010 to 2011 he served as a Vice President with SCF Partners, an energy-focused private equity firm. From 1996 to 2010 he served in a variety of roles with Baker Hughes, most recently as Vice President of Technology for Fluids and Chemicals managing a team of 100 scientists and engineers, where he oversaw a variety of product platforms including drilling fluids, reservoir fluids, fluid environmental services, production optimization, integrity management and flow assurance. Dr. Gallagher holds a Doctor of Philosophy in Chemical Engineering from the University of Notre Dame, a Master of Science in Chemical Engineering from the University of Notre Dame, and a Bachelor of Science in Chemical Engineering from the University of California, Davis. He has authored 10 patents and numerous publications in the fields of fluid dynamics, chemicals, as well as oil and gas technologies.
Dr. Gallagher noted, "Having worked closely with pipeline operators, I recognize the unmet market need for QS Energy's patented Applied Oil Technology (AOT). In my experience working with teams of scientists and engineers to find cost effective ways to reduce crude oil viscosity and increase pipeline efficiency, I have not come across a technology that could replace traditional diluents and additives. The AOT has the potential to reduce or eliminate dependence on chemical additives with an elegant electromechanical system. The value proposition from both a logistics and economic standpoint for the customers is compelling. I look forward to helping advance the technology through full commercialization and anticipate rapid market uptake."
Jason Lane, Chief Executive Officer and Chairman of the Board, commented, "We are delighted to announce the appointment of Christopher Gallagher, who brings a wealth of relevant technical, engineering, international business and industry expertise. He has been responsible for bringing numerous products to market, brings deep industry relationships, and has an exceptional grasp of fluid mechanics, which will be of tremendous benefit as we advance our full-scale pilot program and seek to enter the commercial phase."
For further information about QS Energy, Inc., visit www.QSEnergy.com, read our SEC filings at http://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at http://ir.stockpr.com/qsenergy/email-alerts to receive Company news and shareholder updates.
Safe Harbor Statement
Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: http://www.qsenergy.com/site-info/disclaimer
About Applied Oil Technology
QS Energy's patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipeline flow, with full remote monitoring and control. More information is available online at www.qsenergy.com/technology.
About QS Energy
QS Energy, Inc. (OTCQB: QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is available at www.qsenergy.com.
Company Contact:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com
Sales: sales@qsenergy.com
Investor Relations:
Crescendo Communications, LLC
Tel: +1 212-671-1021
E-mail: investor@qsenergy.com
SOURCE: QS Energy, Inc.
View source version on accesswire.com:
https://www.accesswire.com/546744/QS-Energy-Announces-Addition-of-Senior-Industry-Executive-Successful-Entrepreneur-and-Fluid-Dynamics-Expert-Christopher-T-Gallagher-PhD-to-Assist-in-AOT-Demonstration-Operations-and-Preparation-to-Enter-Commercial-Phase
My take on QSEP:
Full disclosure, I am long and a large shareholder.
This is a .10 stock (was a .10 stock) that will be at .50 - $1.50 in the medium term, and then $3.00, and $5.00-$10.00 longer term. All the DD available lays out a clear picture as to how they will get there. This is the potential myself and largest shareholders see for this stock.
It is well known Oil pipeline companies have always had a problem not being able to move enough oil due to the limited number of pipelines, the very thick viscous nature of crude oil, and the vast oversupply of crude here in the US. This is well evidenced by the rail and trucking accidents and fatalities that have resulted in trying to transport crude oil by train and truck; sadly entire towns have burned down. Pipeline companies spend millions every year in an effort move the oil faster and cheaper through their pipelines. They heat the oil, treat the oil with expensive diluent, and add drag reducing agents (DRA's) in order to minimize drag on the oil which slows the oil down while in transport.
In a nutshell, QSEP has developed a new technology (AOT - short for "Applied Oil Technology) that helps oil companies move a lot more oil in an existing pipeline (up to 20% more) and as a result make more money by bringing more crude oil to market.
As far as potential revenue is concerned, pro forma estimates state that on a typical 100,000 barrel per day pipeline, AOT will generate approximately $17 million in annual revenue for QSEP.
AOT increases pipeline efficiencies with a flip of the switch. In many cases by simply being able to reduce diluent by replacing it with the effect of the technology (QSEP has copyrighted “ediluent”), and in other cases by reducing or eliminating bottlenecks, AOT will translate into huge pipeline efficiencies. Especially on thick heavy crude in cases where simple diluent or heat won’t work. If oil companies can sell 10% to 20% more oil onto the market- their revenues can increase by 10%-20%. Even a 3% increase would generate a massive revenue increase for the typical oil company, and specifically the oil pipeline companies themselves both in the US and in places like Canada, South America, China, and Russia. And Especially in countries where the transporters and E&P are the same state run entities like South America. All places QSEP has strong interest from.
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 serious interest from the industry in the AOT).
QSEP has landed a major pilot agreement with a Billion dollar fortune 500 oil company which will be named in the relatively near future. This will be a demonstration site for all potential customers of AOT to view the technology in action in real time.
If good data comes from this pilot with QSEP’s current partner, it is my belief that the first major contracts are about to come through. The current customer/partner has said they intend to outfit the rest of that pipeline with AOT’s that the pilot is being done on. Once they lease or sell units to any 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). Industry adoption = future sales.
During the last shareholder meeting, QSEP stated they have 20-30 oil companies ready to move forward with the sales process once the data is made public and accessible to customers. Many oil companies are waiting to see the real time oil viscosity reduction data off a commercial pipeline. If the data is good, the industry will move to adopt the technology and the commercialization (sales) phase will commence. This is because QSEP have been cultivating relationships will all of the major oil companies both domestic and internationally for the past 10 years, and they will buy the tech once it is adopted by the industry.
I believe that QSEP will see a dramatic valuation increase if and when it commercializes its technology.
And most importantly, this pilot is being done for a reason. The Oil company is interested in adopting the technology if the data is good, with the aim of sales with this fortune 500 customer. As of Monday April 1, 2019, during an interview at a micro cap conference QSEP CEO Jason Lane stated that the first sales for AOT are expected to be generated from this AOT pilot program with the Billion dollar oil company.
QSEP has 2 distinct revenue generating business models. Both are a recurring revenue model. In addition to leasing units to oil companies, QSEP has developed a revenue model for their business which charges the oil companies a per barrel fee; QSEP would make money on every barrel of oil that passes through the pipeline equaling 10's or 100's of thousands of dollars per day depending on the # of barrels moved. The lease revenue model v.s. toll/fee model will depend on the customer and their needs.
To put a bow on this story, there has been MASSIVE insider buying within the last year. Another fascinating aspect to this stock is that 3 other groups have approximately 65% of the float locked up, so there are not any shares for sale in size. So if any decent size investor wants say a million shares, there simply are not a lot of shares for sale. There is about 300M shares outstanding. So about 195M of that is locked up in strong hands if not more. The float has changed hands many times over the years, and imo the vast majority of impatient shareholders were gone long ago after all of the mishaps. All the recent note holders are strong hands, and myself and several others are the ones who own those notes and we are holding tight for the long term.
If QSEP sees their AOT adopted by industry this is easily at minimum a multiple dollar stock. The growth of the company will be exponential with annual recurring revenues over the next 10 years due the demand from the industry, and the vast number of pipelines around the world that will be outfitted with AOT's. QSEP right now has multiple international oil companies that want to deploy AOT on their lines, they are simply waiting for the data. QSEP will have a backlog like that of Boeing on a smaller scale, creating incredible growth for many many years to come. Imo we are in the very early stages of what will become an amazing wealth creation vehicle over the coming years and it's beginning right now.
Hey Soxfan: Tao was (and may currently still be) the Chairman of Temple University’s Psychics Department. Thus why I used the expression “Head of.” He definitely was the Chairman of the Department when he published a number of papers regarding the technology behind AOT.
Here are 2 Links to 2 articles by 2 different publications that refer to him as the Chairman of the Psychics Department at Temple. Are they wrong too, just as you are claiming I am?
He may still currently be the Chairman of the Department. That link you provided might not include that. This seems like a pivotal fact. Shall we call Temple and find out if it’s that important to prove me wrong?
“Rongjia Tao, professor and chair of physics at Temple University, “
https://www.eurekalert.org/pub_releases/2011-06/tu-umt060711.php
“Temple physics professor and department chair Rongjia Tao says in a new paper “
https://www.phillymag.com/city/2014/06/24/temple-physics-professor-stop-tornadoes-building-giant-walls/
NONE of what you say here explains away the fact that MULTIPLE 3rd parties have validated the technology’s measurable results on reducing the viscosity of crude oil. So, we should just believe you instead of the scientists that have provided multiple 3rd party validations.
Sorry, I don’t think so.
Tao is the head of the Physics department at Temple University in Philadelphia. And Temple University is a respected institution, and the Psychics department is well respected. That’s all I can say about them. As I have said to many times, even if you don’t want to believe Temple and Tao, how do you explain all of the 3rd party validations that have occurred on the tests throughout the years. Your explanations are quite ludicrous. Each time it’s invalidated, there is a new excuse as to why the AOT can’t possibly work. In response, I’ll quote someone who is more thorough and has done more due diligence than me on this company, AISI:
“In light of all of your claims that the AOT can't reduce crude oil viscosity because it violates some crackpot law of nature that you just dreamed up and have yet to defend:
1.Please explain why we are about to go on another pipeline of a major multi-billion dollar energy company to test the AOT's ability to reduce viscosity of crude oil with an electric field.
2.Please explain the report from the second largest Chinese oil company verifying that Dr. Tao's electric field did in fact reduce the viscosity of crude oil.
3.Please explain how the AOT was run for one week, 24 hours a day, on a live pipeline in China achieving "results consistent with" the amazing lab test results I highlighted in post #46965.
4.Please explain how the engineers working for the DOE verified test results indicating the viscosity of crude oil was reduced by the AOT.
5.Please explain how ATS concluded that the AOT reduced viscosity of crude oil treated on the TransCanada pipeline. Don't throw in the red herring about the initial test being flawed. ATS said that a subsequent test showed viscosity reduction and that it could have been better if the engineering of the device was improved.
Quote:
“the first full test of the AOT equipment on the Keystone pipeline was performed in July 2014 by Dr. Rongjia Tao of Temple University, with subsequent testing performed by an independent laboratory, ATS RheoSystems, a division of CANNON (“ATS”) in September 2014. Upon review of the July 2014 test results and preliminary report by Dr. Tao, QS Energy and TransCanada mutually agreed that this initial test was flawed due to, among other factors, the short term nature of the test, the inability to isolate certain independent pipeline operating factors such as fluctuations in upstream pump station pressures, and limitations of the AOT device to produce a sufficient electric field to optimize viscosity reduction. Subsequent testing by ATS in September 2014 demonstrated viscosity reductions of 8% to 23% depending on flow rates and crude oil types in transit. In its summary report, ATS concluded that i) data indicated a decrease in viscosity of crude oil flowing through the TransCanada pipeline due to AOT treatment of the crude oil; and ii) the power supply installed on our equipment would need to be increased to maximize reduction in viscosity and take full advantage of the AOT technology.”
Obviously the crude oil viscosity was reduced for significantly longer than a few milliseconds.. But hey, why should we believe actual field tests run by actual scientists?
You can argue that we haven't been successful with a commercial product YET, but you can't argue that some lame idea of a physical law of nature has prevented the AOT from reducing the viscosity of crude oil.
Your little equation "mass flow m=density * velocity" is simply a definition and is irrelevant to our discussion of reducing viscosity. The AOT will ultimately either increase the velocity number in your equation or reduce the power needed to maintain the velocity.
And, What is with this crap?:
Quote:
Look how pundits bring up Tao’s neutron scattering Petrie dish test that happen close to a decade ago but fail to acknowledge its never been run again or backed up by an independent researcher in the field. Why not run it again...this is claimed as a new discovery that would disrupt industries yet not a single additional neutron scattering test to back it up.
We all know the reason for this question. The "pundit of a different stripe" doesn't like the results of this test, done at the National Institute of Standards and Technology, and is desperately trying to invalidate them by any stupid means possible. Photographic evidence at the nano level is difficult to dispute. Nice try.
I'm sorry. I just noticed the defense for "The Laws Of Nature" fiction. Here it is:
Quote:
Qsep claims a mass flow increase of over 6% simply by applying the magic field which acts in opposition to the know physical laws that keep getting twisted around
I don't know what to say except WOW!!! Dam those "twisters". “
If you haven’t read this already, this is my take on the company. Full disclosure, I am long and a large shareholder.
This is a .10 stock that will be at .50 - $1.50 in the medium term, and then $3.00, and $5.00-$10.00 longer term. All the DD available lays out a clear picture as to how they will get there. This is the potential myself and largest shareholders as for this stock.
It is well known Oil pipeline companies have always had a problem not being able to move enough oil due to the limited number of pipelines, the very thick viscous nature of crude oil, and the vast oversupply of crude here in the US. This is well evidenced by the rail and trucking accidents and fatalities that have resulted in trying to transport crude oil by train and truck; sadly entire towns have burned down. Pipeline companies spend millions every year in an effort move the oil faster and cheaper through their pipelines. They heat the oil, treat the oil with expensive diluent, and add drag reducing agents (DRA's) in order to minimize drag on the oil which slows the oil down while in transport.
In a nutshell, QSEP has developed a new technology (AOT - short for "Applied Oil Technology) that helps oil companies move a lot more oil in an existing pipeline (up to 20% more) and as a result make more money by bringing more crude oil to market. On a typical 100,000 barrel per day pipeline, AOT will generate approximately $17 million in annual revenue.
AOT increases pipeline efficiencies with a flip of the switch. In many cases by simply being able to reduce diluent by replacing it with the effect of the technology, and in other cases by reducing or eliminating bottlenecks, AOT will translate into huge pipeline efficiencies. Especially thick heavy crude in cases where simple diluent or heat won’t work. If oil companies can sell 10% to 20% more oil onto the market- their revenues can increase by 10%-20%. Even a 3% increase would generate a massive revenue increase for the oil behemoths we all know, and specifically the oil pipeline companies themselves both in the US and in places like Canada, South America, China, and Russia. And Especially in countries where the transporters and E&P are the same state run entities like South America. All places QSEP has strong interest from.
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).
During the last shareholder meeting, QSEP stated they have 20-30 oil companies ready to move forward with the sales process once the data is made public and accessible to customers. Many oil companies are waiting to see the real time oil viscosity reduction data off a commercial pipeline. If the data is good, the industry will move to adopt the technology and the commercialization (sales) phase will commence. This is because QSEP have been cultivating relationships will all of the major oil companies both domestic and internationally for the past 10 years, and they will buy the tech once it is adopted by the industry.
I believe that QSEP will see a dramatic valuation increase if and when it commercializes its technology. Simple as that.
QSEP has landed a major pilot agreement with a Billion dollar fortune 500 oil company which will be named in the relatively near future. This will be a demonstration site for all potential customers of AOT to view the technology in action in real time.
And most importantly, this pilot is being done for a reason. The Oil company is interested in adopting the technology if the data is good, with the aim of sales with this fortune 500 customer. As of Monday April 1, 2019, during an interview at a micro cap conference QSEP CEO Jason Lane stated that the first sales for AOT are expected to be generated from this AOT pilot program with the Billion dollar oil company.
QSEP has 2 distinct revenue generating business models. Both are a recurring revenue model. In addition to leasing units to oil companies, QSEP has developed a revenue model for their business which charges the oil companies a per barrel fee; QSEP would make money on every barrel of oil that passes through the pipeline equaling 10's or 100's of thousands of dollars per day depending on the # of barrels moved. The lease revenue model v.s. toll/fee model will depend on the customer and their needs.
To put a bow on this story, there has been MASSIVE insider buying within the last year. Another fascinating aspect to this stock is that 3 other groups have approximately 65% of the float locked up, so there are not any shares for sale in size. So if any decent size investor wants say a million shares, there simply are not a lot of shares for sale. There is about 300M shares outstanding. So about 195M of that is locked up in strong hands if not more. The float has changed hands many times over the years, and imo the vast majority of impatient shareholders were gone long ago after all of the mishaps. All the recent note holders are strong hands, and myself and several others are the ones who own those notes and we are holding tight for the long term.
If QSEP sees their AOT adopted by industry this is easily at minimum a multiple dollar stock. The growth of the company will be exponential with annual recurring revenues over the next 10 years due the demand from the industry, and the vast number of pipelines around the world that will be outfitted with AOT's. QSEP right now has multiple international oil companies that want to deploy AOT on their lines, they are simply waiting for the data. QSEP will have a backlog like that of Boeing on a smaller scale, creating incredible growth for many many years to come. Imo we are in the very early stages of what will become an amazing wealth creation vehicle over the coming years and it's beginning right now.