QS Energy Inc (QSEP)

[mr_sano]

More empty promises and smug expectations that the shareholders must hold fast or otherwise loose such a golden opportunity. Number don't lie:

		Cash used 	cash burn 	 
 		in operations	 per month	 
 2018Q3		$422000		140666.6667	 
 2018Q1Q2 	$676000		112666.6667	 
  
 2017		Cash used totals by Q			 
 	10K	1786000	$391,000	$130,333	 
 	10Q3	1395000	$630,000	$210,000	 
 	10Q2	765000	$594,000	$198,000	 
 	10Q1	171000	$171,000	$57,000	 
 			$1,786,000	$148,833	 
 

You can easily see how the expenses are starting to creep back and Qsep has tried to defer just about every payment it could make. At 279K in cash as of the MRQ gives them 2-3 months maximum time frame. Then there is the million owed to Temple. Since "potential" is thrown around threads all over this board I have a solution to the licensing fee issue. Why doesn't Tao and Temple take stock as payment for the ridiculously high licensing fees that no sane CEOs would agree to sign? Makes perfect sense, after all, they MUST believe in the Magic pipe and the Wizard of Tao why not trade a million dollars in today debt for potentially 100M pay off down the road.