“Please remember that our team has delivered an operational AOT, returned to SEC compliance, and a handful of commercial opportunities in sequence to capitalize on the demands of the Oil & Gas industry.”
Who did Qsep deliver an operational AOT to? Another example of how the truth is bent in a pr vs an 8k. For those that don’t know Every unit they allegedly “delivered” in the field either failed from electrical shorting or didn’t provide any measurable benefit.
“We recently achieved yet another positive result in Dr. Tao’s lab at Temple University using crude shipped to us by a prospective client for a use case in California, referred by one of our Board members. We could not be more delighted to re-establish our relationship with Temple University to further define the empirical benefits of AOT. This is simply another validation of our technology and opened the trucking side of moving and storing oil. This market is sizable, and unlike pipelines, it does not require multiple AOT units which enables us to penetrate this market quickly.”
“Re-establish our relation…”Wtf does that mean?? They pay a yearly $187k vig to Temple and owe them millions. Doesn’t that include automatically include automatic support from Tao and the university? After all it’s Tao’s whacky theory that the entire company hangs its hopes and dreams on! As for claiming success in the lab Tao has been claiming empirical success for over a decade. It means nothing. The mention of trucking side of pipeline and validation was another word salad curve ball meant to distract the heard. No one is buying it. It’s sad that CEO has to spin a tale of two cities to keep this ruse up. Remember Qsep has very low cash position and is selling off equity at historically low prices to keep afloat. The don’t have anything close to the funds needed to payoff off the current licensing debt and it’s compounding a healthy 10% interest. I’ve seen many absurd Qsep updates but this one has real comic value!
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