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Re: Cass post# 45628

Saturday, 11/10/2018 10:41:47 PM

Saturday, November 10, 2018 10:41:47 PM

Post# of 57251
Dude...keep hope alive until the cows come home but nobody can argue that Qsep has yet to get a single TD into the end zone and by all accounts is at best many many years away from any ongoing revenue stream if any. Look at the pace of change. Company is just now speaking about in-house testing after relocating to Houston 1.5 years ago with a new oil guy at the helm! Really...this is move that should have been made immediately. Qsep cannot control it’s destiny if they must constantly send samples to Tao and it takes months to get them back. It is insanity qsep kept it going for this long. Maybe Tao is holding the oil samples hostage until his sponsored grant is paid off! Lol...this is such a human comedy.

The message from the CFO was telling. Until they can effectively demonstrate an actual competence at securing a deal that produces cash, Qsep will continue selling convertibles to finance opex which I’m sure is now steadily increasing. Anything they promise should be taken with a grain of salt. Dilution is ongoing and discussion regarding finance and preferred stock from the math whiz “out of state” CFO was a simply repacked pitch of stories told long ago. I think I have heard them all now.

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