QS Energy Inc (QSEP)

[Myrka]

Alkaline

By the way, 321zero, have you been back to the pump station? Is the AOT still there? That would be interesting/odd.

I think a deal between the two companies could take many months, so unless we hear nothing by July or so, I still count it as a possibility. if six months goes by and we hear nothing (should be sooner then that) then I think we can write it off as dead.

I have been reading these posts without commenting , but I must say something at this point.

Last time 321zero checked the AOT, it was still in place on a TransCanada pipeline located in Wichita, Kansas and may even be still running. We know for sure TC has not returned the unit to STWA in clean working order as they were suppose to. Therefore a new agreement must be in place to allow TC to hang on to the unit. STWA’s costs for the equipment leased to TransCanada totaled approximately $1.4 million, they need to put that unit to work and cover the costs associated with testing and development of this pre-production prototype. Business is business, STWA should be receiving some kind of payment if that equipment is still sitting there. This payment (probably a purchase...why cancel the lease just to draw up a new lease) should show up in the next October, November and December (Q4)report. So the next 10-Q should contains STWA's unaudited financial statements and company operations information since the time of the lease termination (15th of October). I do not think six months will go by without information to shareholders on this situation. We should be getting news with the next 10-Q.

The other concern I have is why is TC not using this AOT (if it is sitting idle). We do not have the numbers, but if it is capable of increasing flow by 10%, it should be running every day.

As I See It post #10051

Here is one simple way to evaluate the value of an AOT.
Assume that the TransCanada Pipeline has a maximum daily flow rate of 500,000 bpd without the AOT (it will be higher, but we will be conservative). An increase in the flow rate of 10% means that an extra 50,000 bpd can be moved through the line using our technology. Using a tolling rate of $4 per barrel (just a guess) that would mean increased revenues to the operator (TransCanada) of $4 x 50,000 or $200,000 per day. $200,000 x 365 days = $73,000,000 annually.

Maybe AISI would like to comment.