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Re: None

Tuesday, 05/15/2018 5:48:05 PM

Tuesday, May 15, 2018 5:48:05 PM

Post# of 57237
Everyone should think about this: QSEP is likely about to sign a contract with a South American oil company where QSEP will be increasing their production by 30% to 40%, and likely be getting paid based on those numbers (see previous updates). that is absolutely huge imo.

Imo these "demonstration project agreements" or pilots whichever you prefer to call them, is the initial sales contract agreements. Basically, I think this will be the beginning of a full sales contract with a pilot/installation phase. Once the initial numbers are gotten, and hopefully made public (also see previous updates) which happen relatively quickly, they will move to execute the rest of the agreement/contract. Which could result in QSEP earning something like $30,000,000 in annual recurring revenues on that one pipeline alone (rev est based on a 100k pipeline). And I'm sure they have more than one pipeline, and they are talking with 3 other South American oil companies and others. We have always known that one contract will spark more. Imo this was a very bullish update.

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