Honestly, what a total blurb of bs.
"The company is withholding payments which are due now and the ratios show it pretty clearly"
The company will not have to pay anything to Temple until they earn meaningful revenues, and at that point it won't matter much. The fact that Temple is deferring proves that point.
And, the liability/debt ratio is meaningless because QSEP is not a mature company. They are a speculative investment pre-revenue trading on the OTC priced at .12. Again, you can't compare apples to peanut butter!
And you can not compare QSEP to a mature company. They are an emerging technology play in the oil space without sales on the OTC. If you want solid ratio's go post on the Microsoft page, lol. No OTC companies have any kind of ratios. Stop trying to compare QSEP with fortune 500 companies. It's truly absurd to do this. It's not a big board stock, they are a penny stock and priced accordingly. All penny stocks are speculative investments. If one is going to bash QSEP based on quoting liability and debt ratios, one might as well bash every company on the OTC!
"No they have not said what the preferred dividend would be or the conversion rate which are the primary question an investor must know before authorizing such an addiction"
If those preferreds get filled it will be because the company is going to start generating revenue, and they likely won't convert for 5 or 10 years and by then the earnings and revenues will offset the dilution. Or, QSEP will pay back the funds before they convert if they can do so. I'm an investor and I'm not worried about the conversion at all. I'd rather see the preferreds filled as show of confidence in the company, so the company will have the funds it needs to operate to deploy units in the field to generate revenue.
"In the end it will convert and investors will loose more ownership. This year will likely hit 20% again like it did in 2017."
Again, they have had very little dilution. They only have 243M shares outstanding. If they are successful and get deployments and start generating revenue it won't matter. This is how most of these nanocap public companies do it. Not a hard concept to grasp.
"Honestly though 243M is huge for any company that should be operating at or below $500k a year but still managed to burned through $1.7M just last year."
LAUGHABLE! 243M is nothing, and if you think it's a lot you're wrong. Everyone knows it's not.
"Hmmmm this solid great share structure along with and buy backs and uplists talks sounds amazing but it’s an old song dance that has all the hallmarks of Qsep stock promotional campaigns."
Sure it might sound like that but this is not a stock promo campaign, I'm a real investor. And, myself and other real investors in QSEP believe that sales, revenue, and a much higher share price is a strong possibility for QSEP. I didn't say uplisting but sure, I think that is a possibility as well without a reverse split.
This is not fortune 500 company, and to compare it to one using debt ratios is ridiculous because the value of the company is only 25M and is trading at .10 on the over the counter. You want to compare it to a mature company? Talk to me in 15 years or more, because if they have success on one pipeline they will be in hyper growth mode for the next decade.
