QS Energy Inc (QSEP)

[mr_sano]

Yeah when previous CEO alluded to the idea that the operator was getting antsy that pretty much said they wanted it gone. Apparently $500k doesn’t buy that much time on the “unnamed” pipeline. Any material contract would need to be disclosed and state terms and time period but old Qsep hid the details by classifying it as pipeline work order. Wtf?? Now I guess they can’t hide total failure. It begs the question why the company authorized spending $500k on this venture and didn’t think it material to disclose the contract terms as they did with TCP and KMI.