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Wednesday, 04/01/2020 6:46:58 PM

Wednesday, April 01, 2020 6:46:58 PM

Post# of 57743
In case anybody forgot, the entire objective of this company right now is just to attain data, and prove out the tech at scale, specifically for the pipeline industry, and specifically many large oil pipeline companies.

QSEP doesn’t need to make money today, or tomorrow. They don’t need sales today, or tomorrow.

Many many many companies burn through a hell of a lot more cash than QSEP in an effort to develop a product, and attain adoption of their product into an industry whereby, if they are are successful will reap massive revenues. Investors from Silicon Valley to small inventors trying to create a new product spend billions and life savings in order to accomplish the same things that QSEP is attempting to do.

QSEP has a better shot than most. But never forget this is, and always has been a speculative investment. A call option. A lottery ticket whereby if they are successfully will make a lot of money for shareholders.

That is why Director Eric Bunting and many others are investing large sums into QSEP.

It’s so easy for armchair (phony) investors (or more accurately speculators) to sit back and put their 2 cents in. Unlike Bunting, the CEO and others, they have nothing on the line.

As I’ve said many many times. QSEP is a lottery ticket, and if one doesn’t want to play the lottery than don’t play! No one is forcing you to invest. Making old claims about how much cash has been spent is completely meaningless. That cash has been invested and sold in the market (likely for a profit) many many years ago. Issuing stock is how companies fund themselves. And QSEP will continue to raise money and find themselves as long as it takes to thoroughly see if this technology can be developed or not. We are close to knowing.