QS Energy Inc (QSEP)

[Shrimclim]

I disagree with Whacky's earlier post...that seems to have been deleted?

About Jason Lane's propensity to build QSEP "sideways" via joint ventures and partnerships in the oil & gas development arena.

Why not? Here's why...

Great to see that Mr. Lane is incentivized to SELL with a base salary of $150K per year (half what Gregg Biggers was paid). The term (“Term”) of the Lane Employment Agreement is two years.

The Company will also issue options:
(“Options”) to Mr. Lane to purchase 3,000,000 shares of restricted common stock of the Company. The Options shall vest pursuant to a two year vesting schedule, pursuant to which 500,000 of the Options, priced at $0.15 per share, and 500,000 of the Options priced at $0.25 per share, shall vest on April 1, 2018; thereafter, 1,000,000 of the Options, priced at $0.30 per share and 1,000,000 of the Options priced at $0.40 per share shall vest on April 1, 2019.

Clearly, from the above stated contract specifics, the BOD's incentive for our new CEO is to SELL THE AOT NOW. This means that Jason Lane has ONLY 2 YEARS to make his fortune BY SELLING THE AOT,and NOT BY MAKING OIL & GAS DEALS.

GLTA!