QS Energy Inc (QSEP)

[mr_sano]

“
Spending was higher under Bigger and lower under Lane. Spending is always going to fluctuate from year to year. To insinuate that current management is spending irresponsibly using your limited data points is ridiculous. “

Irresponsible spending is the only thing qsep is actually good at besides opening the vault and wholesaling its shares. The irresponsible licensing deals that continue to bleed the company today never get solved no matter who is in charge. Now at 1M past due they collect a fat 100K in interest annually while each year adds another 187K in additional maintenance fees. The majority of which is is for a fuel injection aftermarket auto attachment that has been panned by everyone that has seen it. This interest and yearly maintenance fee now totals to over 20K a month without even touching the past due principal! Add everything together and qsep is hemorrhaging...any other characterization is simply not true.

Speaking of limited data points...it’s been the entire premise of every Qsep pseudo product they attempted to sell. They hide behind the fluffy promise of “disruption” and “ innovative technology” but the results always have some convenient excuse for not working! Yet as tests failed and potential customers walked away , the company spun it up as huge positives right up until the end. That core mentality has yet to change with any management team brought in the front foot or back.

Btw speaking cherry picking data here’s is good one:

2019 set a new record with over 50M shares issued in just 3quarters. Way to go team! Keep those numbers rising!!