You don't see the agreement they mentioned in the Q? Well perhaps you should read it again. It's in there. The agreement I was referring to is the US based agreement that they are finalizing. Actually, there were 2 new agreements in the Q they are working on. For clarification, when I say "the US agreement in the Q," I mean the only one they mentioned, and I call it an agreement because that's what it's called in the Q. I didn't say the agreement was finalized or executed.
Again, the shareholder updates are really meant for shareholder disclosure purposes, not necessarily the Q. The Q is not really meant to release news or recent company updates. That's what 8k's, PR's and shareholder updates are for. The Q's are always backward looking 3 months or sometimes up to 6 months.
As far as it being a failure, yes the KMI lease has not resulted in a contract, we all know that. That was made clear over a year ago when the company reported the lease was in suspension.
I don't see the story as convoluted. To me, it's pretty clear what they are working on. South America, Asia, and now the US again is in focus along with the other countries. And, there are multiple companies in each country they are talking to or working with to develop pilot programs that could lead to sales contracts: pretty straight forward really.
QSEP is as transparent as they can be. Client disclosure is obviously not what they would prefer it to be, and they are not at that point yet where they can give out specific details about the dealings with their potential clients. They share what they can. As a shareholder that's obvious to me. I'm not put off by this because they don't have a choice. The hope is that will change when the several pilots they are working towards begin, or after they are completed and a contract is agreed upon. Until then, QSEP says what they can, and while we all wish it was more, that's has simply just been a part of this business. Anyone who is still a shareholder I'm sure knows this by now. I am hoping that they may be able to share more with these 2 US based companies. We shall see.
What sucky results? You mean test results?....I haven't seen any test results lol. The results of the company imo are pretty good actually. They are moving forward with these pilots in SA and Asia, and now the US again has been added back into the fold. As a large shareholder I'm happy they are testing again with a US based company. I don't think Lane's results have been sucky, far from it actually. I think he's been able to get QS back on track with these new pilot programs since Bigger was in charge. I liked Bigger at first, but lets face it, he was useless. He got nothing done. I'm very optimistic about Lane, but let's see what he can accomplish. Considering Bigger at the end of his tenure had AOT dead in the water, and the company was basically not moving forward (we all remember that at the end of Bigger's reign), I'd consider Lane's progress most welcome.
As for Bigger, what does he want, a couple hundred thousand? They will probably just pay him. It's not that much money. As a large shareholder I'm not worried about it.
