QS Energy Inc (QSEP)

[Shrimclim]

RE: Latest 10Q...Mr. Lane is holding cards close to his vest.

Offshore Gulf of Mexico Oil Transport Platform: "Company engineers and supply chain partners have prepared an optimized configuration and production budget. Based on this optimized configuration, the operator is considering an onsite pilot test with full scale AOT equipment for deployment in 2018 or 2019."

Middle Eastern Oil Company: "The most recent round of testing on Middle Eastern oil company samples was completed early 2017, demonstrating AOT viscosity reductions of 20% to 50% in a laboratory setting."

Canadian Oil Sands Producer: "In the fourth quarter 2016, the Company entered a contract to provide these onsite testing services to a Canadian oil producer and pipeline operator over a one-week period in early 2017 at a fixed price of $50,000. This initial test was performed in January 2017; data analysis and final report was completed in March 2017."

As noted, QSEP is putting nothing out there to give investors even the slightest measure of false hope. I for one am HOPING this 10Q communication style is simply a STRATEGY of under-promising while expecting to over-deliver before year end.