QS Energy Inc (QSEP)

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ABSOLUTELY FALSE according to the FACTS from the latest 10q filing

We are currently working with a Major U.S.-based pipeline operator
on a potential development agreement
under which we would operate an AOT midstream unit on a pipeline located in the United States
delivering multiple heavy crudes.

In August, these efforts culminated in the execution of a non-binding Memorandum of Understanding (“MOU”)
detailing the project’s general scope, timeline and terms.
Since that time, we have been working diligently with the operator
to complete engineering reviews,
select a project location,
and finalize a detailed statement of work
which we anticipate will be the foundation for final definitive agreements.
Although final project terms may vary from those described in the current statement of work,
we and the operator have a general understanding that,
subject to the execution of a definitive agreement,
the demonstration project will operate under an initial term of 36 months,
targeting installation in December 2018 – January 2019.
QS Energy and the pipeline operator would have dual ownership of all data collected.