QS Energy Inc (QSEP)

[mr_sano]

“In April and May 2022, the Company issued 1,582,500 shares of common stock upon the exercise of warrants for proceeds of $47,000 at an exercise price of $0.03 per share.”

Actually they raised 47k more through warrants but your right this company is insolvent. The fixed costs and licensing and debt obligations cannot be met with these small lifeline investments…especially given the companies propensity to spend cash and use toxic debt to finance operations. At least Cecil has a paid for office to run all his other interests out of…