QS Energy Inc (QSEP)

[mr_sano]

“
Not true according to the evidence below.

In August 2018, we were approached by a prospective customer in northwest Asia and have been invited to meet with senior management to make presentations and provide a proposal to install AOTs on a new 2,000 km pipeline.
“

Sorry but this is a low probability event that has very little to do with the fact that Qsep is now cooking cash at the rate close to 5K a day or aprox 55000 shares @.085. All just to maintain the status quo. That of course does not include paying down any of the companies major obligations any time soon. Apparently Temple is content to watch a million dollars in defaulted licensing fees accumulate while Qsep negotiates some new settlement or cure. Wow!

Qsep needs about 5-7 million in cash to put the company on solid financial footing but that is not happening through institutions or family offices even-though the CFO brought it up again. Note to Mike...release news when deals are done and is in financing place. Talking to bank or institutional fund...having a great meeting is not news it’s just fluff.

The reality is pretty simple. Qsep will continue to use equity as cash as they have done for the last 20 years!