QS Energy Inc (QSEP)

[mr_sano]

More fun facts:

 
  
 2017		Cash used in ops by Q&Month			 
 	                per Q  
 10K	10K			        Monthly 
 	10Q3	1395000	$630,000	$210,000	 
 	10Q2	765000	$594,000	$198,000	 
 	10Q1	171000	$171,000	$57,000	 
 					 
 			per Q	        Monthly	 
 2016	10K	1676600	$275,600	$91,867	 
 	10Q3	1401000	$480,000	$160,000	 
 	10Q2	921000	$403,000	$134,333	 
 	10Q1	518000	$518,000	$172,667	 
 

Under current management, the companies monthly cash burn was the highest level its been for over 15 months. So all the money that was raised at rock bottom prices has now been nearly all consumed. Absent a cash flow from a business or assets it is illogical this can continue without a major injection of funds.