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Tuesday, February 19, 2019 12:15:40 PM
Ha, Shannon has been doing just great on the R&D side. Improvements continue to be made on AOT, and a large improvement was just recently made per the recent update. Progress. Shannon is excellent at what he does.
"I remember how SCADA was going to be the golden DATASET that would seal the victory for AOT. Well, it didn't and no amount PR can clean that up."
Everyone knows, or should know that the SCADA data from the KM could only be shared with Kinder Morgan, as they would not allow QS to share it with anyone else. That data was excellent btw for just being on condensate. It showed what AOT could do even on a super thin product like condensate that was laced with metal. Also there have been major improvements on AOT since than. AOT is ready.
KMCC loved it so much they suspended the lease and didn't pay for it! Qsep has tried to bury the facts by intimating it might be moved but anyone that understands simple contract law knows that this is just a ruse. The fact is QSEP has actively suppressed the actual results because AOT obviously failed and using the NDA excuse is a great cover.
FROM 2017 10K
The Kinder Morgan Lease is currently in suspension and lease payments have not yet commenced.
https://www.sec.gov/Archives/edgar/data/1103795/000168316818000868/qsenergy_10k-123117.htm
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