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Re: zerosum post# 49814

Thursday, 04/02/2020 12:34:24 PM

Thursday, April 02, 2020 12:34:24 PM

Post# of 57057

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.”

Absurd...$110M flushed down the toilet...largely spent on Sg&a with zero sales and no active strategic alliances other than the current debacle which they had to pay $500k to play ball.

The consumption of cash at a rate of 8k a day for company smaller than a liquor store is real and not simply something every other company does for 20 years without one reoccurring order. Then there is the numerous payouts to ineffective executives that continued today. New management group has been in position for 3 years and they can’t even turn it on! Yet...they have blown every timeline they have put up. Corona gives them

Honestly a majority of those with even a limited understanding of how business operates would arrive at that same conclusion with a simple cursory examination of Qsep horrifying disclosures! Comparing Qsep to silicone valley tech company is even more absurd. Qsep is not even close...whacky Tao as figured head...lol! No way no how.