QS Energy Inc (QSEP)

[Shrimclim]

The reason that KM has NOT "pulled the trigger"...

KM is a highly diversified, multi-national conglomerate that happens to be in the pipeline business. In addition,as a "highly diversified" conglomerate, it's in the DILUENT business too.

How much is the diluent segment in revenues/profitability? I can't say. However, it's probably significant given that diluents have been the ONLY game in pipeline town for 60+ years.

If KM's diluent business unit comprises BIG BUCKS, KM could be engaged in "analysis paralysis" knowing that IF they implement the AOT on their pipelines, they will be simultaneously cannibalizing their diluent business.

That, my fellow QSEP-philes, is a CXO-level decision no matter how good the AOT looks right now.

GLTA!