QS Energy Inc (QSEP)

[mr_sano]

"
4. The e-dilutent strategy is smart, and is a better strategy. Shipping, servicing & maintenance will not impact their profits significantly, and it's highly likely that the customer will pay extra for these services. I applaud the new management for making these changes.
"

? So far no customers are willing to pay anything for any of Qsep products or services...and they certainly are not going for the "per barrel" tariff that's been promoted with lofty ROI projections.

As stated in recent 10q the Kmi contract is "suspended" and the rig is apparently still in their possession which they are not paying for. The Aot lease contract specifically details a storage cost of 5k a month in the event that the rig was to be moved or put in storage to be moved but all the info shareholders get is more misdirection from management. They throw out a tidbit about considering moving AOT but don't tell you why Kmi never made a lease payment. This team is no more transparent then previous management.