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Wednesday, August 31, 2016 9:34:16 AM
<REDACTED>
QS Energy is working with an affiliate, Energy Tech Africa (“ETA”) to market AOT equipment to <REDACTED>. In February through early April 2015, Dr. Tao of Temple University conducted laboratory tests on crude oil samples provided by <REDACTED>. These tests demonstrated AOT viscosity reductions of 20%-35%. In his final report dated April 9, 2015 (“Tao <REDACTED> Report”, attached as Exhibit 8) Dr. Tao concluded, “The test results clearly show that the viscosity reduction technology, AOT, can significantly reduce the viscosity of the crude oil from <REDACTED>.” (Tao <REDACTED> report, page 7). Based on test results reported in the Tao <REDACTED> Report, QS Energy submitted a case study to <REDACTED>, and is currently working with ETA to formalize a purchase agreement proposal.
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During the first and second quarters of 2015, crude oil samples from a major Middle East oil producer were provided to Temple University for laboratory testing to simulate the potential benefits of AOT on a commercial pipeline. The test results demonstrated viscosity reductions of 20% to 35% using AOT technology. As a result of these performance benchmarks, we have moved to discussions with this Middle East entity regarding a project-specific AOT Viscosity/Pressure Drop Reduction system. QS Energy has also provided a detailed benefit analysis case study for their review and provided recommendations for outfitting a certain pipeline with the AOT equipment.
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currently working with ETA to formalize a purchase agreement proposal.
My Posts come from the view of an investor with several hundreds of thousands of shares owned, I do not day trade, I'm very excited about where this company will go under the methodical guidance of CEO Gregg Bigger.
Smile AOT Works :-)
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