QS Energy Inc (QSEP)

[J.T. The DD King]

The NASDAQ requirements for a uplist changed a few months ago. This was explained in an STWA newsletter & there should be a chart above in my DD. I'm on an Ipad right now & cant see the intro.

At the shareholder meeting in Oct 2012 it was stated we were a few hundred thousand dollars short from meeting the minimum equity requirement for NASDAQ. We also need to close above $2 AT THE BID for 5 consecutive trading sessions.

In addition, I believe we are one director short but that's not really an issue. I'm confidant we've met the minimum equity requirement since then by Charles Blum buying 333k shares last month & with many of the shareholders purchasing their warrants since Oct 2012 as requested by STWA at the SH meeting.

If we are still short equity wise I'm confidant it isn't by much & I personally could arrange to meet that deficiency without a problem if that was out last hurdle so I know that's no longer an issue. That really only leaves the pps trading at approx $1 which needs to be well over $2 for a NASDAQ uplist.

IMO STWA has three choices to do this quickly.
1.) R/S but that's already been ruled out very clearly by Cecil.
2.) Release a good PR. Something like they hired and paid a law firm to assist with the uplist would be nice in a PR instead of buried in the last 10Q on page 17. That has problems if certs are being dumped & isn't 100% regardless.
3.) Do a share buy back. That would be near 100% but the main problem with the SBB is where to get the $10M - $20M it would take to really pull it off?

For the record. If I were running this show, this would be my plan:
1. Execute sales contracts & take them to any lender to borrow money. (Once you have sales contracts it's as good as having money in the bank)
2. Use the money for a Share Buy-Back to take out the float.
3. Wait a few days then announce the sales contract/s in a PR or PR's, spanning days or weeks depending on how many.
4. Then announce uplist papers filed with NASDAQ.
Using this recipe I think the pps would be around $5-$10 easily in a matter of a few weeks.
Then I would plan a forward split to coincide with the uplist but this time have different classes of shares & keep plenty of "Super Shares" in the treasury to prevent a hostile takeover.

Please note; According to the last 10Q STWA hired and paid a retainer to a law firm last month (12/2012) to assist with the uplist. No company pays to hire a law firm for an uplist unless they are getting ready to uplist.