Monday, June 24, 2019 4:52:44 PM
HOUSTON, TX / ACCESSWIRE / May 17, 2019 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB: QSEP), a developer of integrated technology solutions for the energy industry, today provided a business update for the first quarter ended March 31, 2019.
Jason Lane, Chief Executive Officer and Chairman of the Board, commented, "We are pleased to report that we made significant progress advancing our Applied Oil Technology (AOT) commercial demonstration project. Although we experienced minor delays in April, our equipment has been installed and we remain on track to complete commissioning of the demonstration project by the end of May. As a result, we expect to begin operations in June and should have initial data and preliminary results within the next few weeks of commencement, which will be a major milestone for the Company as we rapidly advance toward our goal of full-scale commercialization."
They were supposed to complete commissioning of the demonstration project by the end of May and tests should have started in June. They mentioned having preliminary results after a few weeks of testing. So my guess is we will hear something in the next couple weeks. Maybe 1st half of July or before?
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