QS Energy Inc (QSEP)

[mr_sano]

“That's why they created the preferred class shares, so they could fund the company and AOT build outs at the same time being minimally dilutive to shareholders. The preferred shares will likely never be converted to common stock, and if they are, it will likely be years before the maturity dates. Imo they are nearing the last days of private placements and convertible notes = very bullish. “

Well first off nano penny stocks like Qsep are not suitable to raise preferred shares because they don’t have the cash to support paying a reasonable dividend. If it’s just a conversion of shares then it’s simply another way to issue cheap common shares but camouflage it through this instrument. It’s the fingerprints of the CFOs creative work and he has learned well how to keep the ball rolling. Qsep has basically been operating in an insolvent mode teetering back and fourth between raises for years so I guess you got to give credit where credit is due. Qsep has done one job extremely well and that is its ability to continually raise money year after year even after failing to get any market adoption beyond a field test that failed to meet its end points. The shareholders however WILL be left holding the bag in end but at this point anyone not knowing that should not be gambling with the trust fund dollars in this equity .