QS Energy Inc (QSEP)

[Shrimclim]

Armour - Your first assumption is CORRECT.

NDA: lower stage of negotiation
Formal talks: advanced and productive stage of negotiations


"STWA is under non-disclosure agreements with five major multi-national companies, and in formal negotiations with a major multi-national corporation for the implementation of the AOT™ Midstream to their substantial North American assets, as of the date the Shareholder Update."

Explanation: NDA's are the first stage of a serious feasibility negotiation. Clients don't bother to sign an NDA unless they are serious because they have to get attorney's involved to approve the NDA language. That said, the next step is FORMAL negotiation. In my experience with Fortune 100 sales negotiations, a FORMAL negotiation is a forgone conclusion of a bonafide SALE. Why? Because what's the point of expending negotiating resources if you're not interested in buying the product or service. So, from the STWA sales pipeline perspective, this one deal is IN THE BAG only awaiting the attorneys to agree on the contract language and then CEO signatures.

Shrimclim.