QS Energy Inc (QSEP)

[As I See It]

I interpret the 8K from Aug 2nd 2013 as meaning only the purchase of the one unit at $4,300,000.

The Lessor hereby leases, non-exclusively, to TransCanada and TransCanada leases from the Lessor the equipment, along with the equipment attached thereto or contained therein as described in Schedule A attached to this Lease and made a part hereof (the "Equipment"),

Provided TransCanada is not in default with respect to any obligations or payments required to be made under this Lease, the Lessor grants to TransCanada, during the Initial Term and Extended Term, if any, hereof, an option to purchase the Lessor's interest in the Equipment for the amounts set forth in the attached Schedule B

Schedule A describes the "Equipment" as:

The Equipment is generally described as follows:



· AOTTM Midstream, skid mounted ; Quantity = 4



· Header assembly; Multiple 30" 600 series steel spool pieces reducing to 20" 600 series nozzles; Quantity = 2 (intake and outtake)



· AOTTM Power Supplies (1 per AOTTM); LH series 5 kW regulated high-voltage DC power supply; Quantity = 4



· Data acquisition and control (SCADA/PLC); specifications TBD; Quantity = 1



· Power supply and SCADA housing; Class 1

Ah, I see Alk beat me to the answer.