QS Energy Inc (QSEP)

[valueyoda]

But nobody brings any proof that he is so successful either. I can't find any evidence for that, aside from a few sources that he sold some acreage in the past, but most of that belongs to limited partners (and we don't even know whether they made any money on his dealings). The location and look of the office suggest that we shouldn't overestimate his net worth.


And yes, they have run out of cash several times, were it not for the fact that management keeps raising new cash to keep this scheme going. If it was a private company, it would have gone bankrupt many years ago.