QS Energy Inc (QSEP)

[Shrimclim]

Well said, all. In response to alkalinesolution1's question...

When a legitimate BOD raises its authorized shares for "future growth" prospects, one can assume the following possible scenario is being considered by QSEP senior management.

First of several AOT contracts are signed in 2017. Yay! What's needed to fulfill the building, installation, and servicing of these contracts? QSEP's many vendors across the world will be pleased to build, install, and service for $$$$$$. Understood.

But if QSEP is cash poor, especially in the early stages of commercialization, they may need to horse trade a percentage of Common Shares for services in lieu of handing over the down payment cash received from signers of the aforementioned initial contracts. This cash will be needed to SELL more AOTs and refine the service offering as well as R&D on other products previously put on the shelf, e.g., Joule Heating.

How do they do this without DILUTING our collective share holdings. They do this by issuing to their many worldwide vendors the Convertible Debentures recently offered and purchased by several BOD members/insiders. In order to offer such Convertible (into common stock) Debentures, the regulators require that QSEP already have in place the appropriate number of AUTHORIZED SHARES that may be required to fulfill the conversion language in these bonds.

Hope this helps to explain...

Just bought more shares today. Yay!

GLTA!!!