QS Energy Inc (QSEP)

[mr_sano]

“Their obligations are roughly $100k a month. That is LOW for ANY company, period. Granted, most big board companies have revenue to offset their obligations, however most OTC companies have NO revenues at all, epic dilution and no real prospects for revenues. But let's leave out other OTC companies for arguments.”

Actually it’s not a legitimate argument. 100k cash burn for one is not an accurate metric of the obligation has Qsep on the books and Management just continually accumulates more debt instead of paying off it’s bills so it appears like they are controlling costs. Temple now is owed over 900k plus 187k ever year. Bigger a cool 300k! A companies burn rate can be tolerated if a company has topline growth. Qsep is no where close. So saying they are so much better than the average OTC has really no validity for the company.