QS Energy Inc (QSEP)

[mr_sano]

It absolutely does not cost $1 million per year for SEC compliance. That is an out right lie to try and scare investors. The company’s budget for an entire year including salaries is around 1 million. Less now.

Well maybe review the past discoures because the company burned over a million in cash just through 3Q of 2018 and has accumulated past expenses which gets past on each year and now bear interest at 10% per anum. If QEP wants to continue to be SOX compliant then yes its accounting and compliance is actually estimated at around 1-1.5M. As far as the budget is concerned there is no way anyone would be privy to that info before QSEP discloses it and I certainly would not rely on management estimates which have been misrepresenting results since da.

The most telling tale is that QSEP only spends a very small percentage on actual R&D which not indicative of a nano company trying to roll out a new tech which has failed on every attempt it's every been given.