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Re: mr_sano post# 41774

Sunday, 09/17/2017 8:19:04 AM

Sunday, September 17, 2017 8:19:04 AM

Post# of 57527
It appears that this assessment is correct! QSEP has lost the opportunity to introduce a new technology, whether the device works or not is now irrelevant. The oil industry is having to reconfigure itself and morph into something applicable in today's world,renewable energy is hot on the oil industry's heels, there is no way that oil companies will invest in installing a new technology that has taken 7 years to be adopted with no success. The past CEO knew this, that is why he was happy to be paid an absurd salary and never once used his own funds to invest in the company.That should have been a warning bell. The same applies to the current CFO.
I still have shares in this company but have given up on the investment and written off the loss.
Each to their own assessment of QSEP.
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