QS Energy Inc (QSEP)

[zerospec]

I have been in this stock for nearly a year (not that it's relevant to anything). I thought that the environment was good for the AOT with at least a 10 year if not 20 year domestic supply of oil in these new oil basins. And with increased crude oil production in the US, you would think that there are more oil pipelines being constructed. So the environment looked good and the opportunity looks good. What's the threat? This is an untried product in an actual working environment. So we are presumably taking care of that with TRP and the pilot lease. What are the benefits? Presumably, if the AOT works as expected, we will save TRP operating costs on the pipeline and increase oil flow (TBD how much). Increasing revenue for TRP and improving their operating margins would be a win for them. If all of this is true, then the issue is benefit/cost. We (or I) don't know how much increased oil production we can provide on a pipeline and how much in operating costs we can save them vs. how many AOT's would be needed. This is probably the $100 million question. IMO, the longer this takes to figure out, the more I think we will not hit a "home run".