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Saturday, 05/06/2017 10:45:19 PM

Saturday, May 06, 2017 10:45:19 PM

Post# of 56968
I think the hold up has been due to no president on how to structure the deal. Imagine you were a big fat cat oil baron very used to having your own way and some little company tells you to buy their product to save money and for the better good of the planet. This is complicated by the fact that they are being forced to consider a disruptive technology.

To top it all off these oil egomaniacs are being presented with a deal that will make them pay royalty payments on every dollar saved on every barrel of oil pumped in perpetuity.

To a extremely conservative and powerful group of very wealthy legacy families that make the Ewings look like Waltons change of anykind is a very worrisome consideration. They got it very good right now, why change and why in god's name tie their financial juggernaut to some little Podunk company that wants to siphon off some of their profits just because they are saving them money.

QSEP is trying to sell into probably one of the most conservative and sacrosanct businesses that at the moment currently pretty much rules the world. Think about the challenge we are facing. No wonder it has taken years but eventually we will prevail because its the right thing to do.
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