QS Energy Inc (QSEP)

[PumpersExposed]

QSEP are moving from R&D to commercialization and it's VERY common for these types of companies to not have a lot of cash or live hand to mouth.

They've been 'moving from R&D' for over a decade, for 7 products. And $100 million isn't hand to mouth. Most of that cash has vanished not being spent remotely on "R&D".. seriously how much R&D does 2 magnets really take?

The fact QSEP had millions in the bank at one point speaks to the credibility of the technology and investor confidence.

Doesn't at all.. All it speaks to is the fact Cecil Kyte leaked out the Trans Canada deal to Tim Nimmo before it was filed, so he could flog warrants overseas. People figured they were going to be rich, and had an edge so bought in. NOW, the paper is sold because it has a short lock up, and is at a huge discount.