Excellent points As I See It. To further that the company in its update today said that "going back more than a year working with the operators management and engineering staff to qualify our technology."
They clearly took a hard look at AOT and the Technology passed their evaluation. Right there, that tells us all that the AOT technology is real, and ready. Very exciting for longs to see yet another validation by a an oil company interested in the AOT. And it's a US based oil company, which further leads to the technology's legitimacy. Bravo. I have had no doubt for a long time, but for those still on the fence it's yet another box to check.
Very solid update, good progress, and updates on all the projects that shareholders have been questioning, South America, China, etc. There is also another US project based in the western US, and we have new information about South America, and 3 pipeline operators in Columbia they are focused on.
I wonder who will be coming to see the AOT perform in real time, with real time test results on their oil? There will be no question soon that success and huge sales will happen. This company is going to be a massive success. QSEP will have a backlog of orders from the oil industry wanting AOT on their lines. For those with shares this low one deal will feel like a life changing experience imo. One deal and the share price is probably 10x from here.
Once the US company gets on board and we get that 8k, more operators with jump on board and the dominos with start to fall. The demand for AOT
has been high for years but I'm sure they have wanted to see AOT on a line operating. Now, they have it and I'm 100% sure this was Lane's goal because he knows (and it's been known for a while) the rest of the industry far and wide will jump on board once they see AOT working on an active line. All of this is deliberate based on what oil companies have told QSEP over the years.
Multiple dollars share price if all of this happens. At this point, not a big "if" imo.
