QS Energy Inc (QSEP)

[mr_sano]

Nope here is where QSEP is:

 
 qsep	CASH BURN	CASH BURN 
 	 YEARLY	         MONTHLY 
 2017	$1,786,000	 $148,833  
 2016	$1,676,600	 $139,717  
 2015	$2,590,457	 $215,871  
 

Historically QSEP has systematically underestimated their cash requirements under Bigger and the current CFO who is still involved, albeit from his living room a mere 1000 miles away in California. Its quite puzzling that a majority of investors continue to give management a pass for outspending its forecast year after year even as they remain in default on licensing debt due to Temple. I'm not worried though...Temple knows they cannot sell Taos magic to any other "legitimate" concern so I'm confident Temple will work out whatever deal that periodically keeps the check and grants trickling in.