QS Energy Inc (QSEP)

[alkalinesolution1]

Very helpful

I had to read this a couple of times to get the point. If he waited until the appreciation happened, he would have to pay more tax. By converting now, he's taking a risk that it won't appreciate, in which case he'll be stuck with worthless stock. Therefore we can assume he's highly confident it will appreciate. All makes sense.

Do you have any notion of how the board dynamics may be operating? Not every board member knows about all the negotiations, of course. But I have wondered whether Bunting (or others) would know ahead of time whether a contract is coming, and thus be unable to buy stock.

If that is the case, it means that any kind of buying now seems somehow more anticipatory. If they wait until they actually know a contract has been agreed upon, they cannot buy. If they wait until that's public, they won't be able to get cheap shares (well, it's different for these board options).

I expect that Buchler, who said he will be leaving Kinder Morgan I believe on July 29 (can anyone confirm?) will have to do some buying before we see a contract. I expect that Richard Munn will also have to do some buying before we see a contract.

If both of them wait, then they could potentially pay a lot more for their shares. Am I mistaken in that assumption?