QS Energy Inc (QSEP)

[mr_sano]

“The only BS here is saying that the AOT does not work. 10k and 10Q have said in black and white over and over again”

Ahhh sorry but according to Qsep own attorneys the company products are not yet proven or commercially viable. Honest due diligence requires a unbiased look at all the facts not just the cherry pick ones that further the ideal narrative and ignore actual events like the Tcpl termination and kmi lease suspension.

“
As stated on page 10, we “have not proven the commercial viability of this product.” To get there, we need to have final proof of efficacy, demonstrate financial benefit to the oil pipeline operators, and address other risk factors related to market adoption as detailed on page 16. However, based on our experience with Kinder Morgan and other potential customers, pipeline operators appear to be comfortable with our ability to build, deliver and operate our AOT equipment.

We believe the use of the word “proven,” in the context of the disclosures and discussion above, does not suggest that the AOT technology is, at this time, commercially viable. Nonetheless, to address the staff’s concerns, we will revise future filings by removing the word “proven” and replacing it with the word “demonstrates” or “shows.” Please advise.
“

Sec correspondence letter:

https://ir.qsenergy.com/all-sec-filings/content/0001019687-16-006601/filename1.htm?TB_iframe=true&height=auto&width=auto&preload=false