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Friday, November 03, 2017 9:12:07 AM
Is there anything of value in the "Update"? Starting perspective is the lens through which we all look. My perspective is that the AOT technology has been moving slowly through a series of design changes each bringing QSEP closer to a commercial product. Results along the way have always held promise, but also revealed flaws that needed to be addressed. Following the final test on condensate and through the recent efforts of Mr. Rasmussen I think QSEP has a commercial product. To that end, the last line in the "Update" says:
In closing I would like to thank you all once again for your belief in myself, my team, and the Company and I look forward to bringing you all definitive news in the near future.
If we are indeed close to commercialization, then the possibility of a 30%-40% reduction in cost-of-goods and a 30% decrease in production time is an enormous benefit that can't be overstated.
For the first time in awhile, QSEP is increasing its product line to include upstream, midstream, and XL AOTs. I believe the only reason for this is in direct response to specific customer requests.
I think that recently putting in place the means to fund a "leasing model" was essential to QSEP's (Jason's) plans. To that end:
We have started conversations with institutional investors and others to fund QS Energy's market strategy moving forward, and to build up inventory to deploy in the field, domestically and internationally.
All of the above lead me to think that we will have demo products in the marketplace sooner rather than later.
That is my perspective.
Recent QSEP News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2024 06:58:54 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 11:57:06 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 07:15:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/13/2024 08:39:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 01:05:12 PM
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