Replies to post #10504 on QS Energy Inc (QSEP)

[SoxFan]

What were you expecting to happen after STWA gets a Termination Letter from TC and the call does not address it directly. There were plenty of things that the CEO, who has a fiduciary responsibility to investors, could have said and he did not. That is instructive for those who are placing their faith in STWA.

[4starman]

You honestly didn't know that after that conference call the price would retreat to prior levels?

Hopefully 60 cents is the new floor.

[zerosum]

I understand your frustration, I do. And I agree with much of what you said. They are probably still restricted by the NDA to a large extent. I am hoping that when we get an order that will change. I truly believe the CEO wants to talk more about the test and the TransCanada relationship, but he must respect his agreement with them. He is simply protecting us. There will come a time when that ends, and we will be in a better position to say a lot more. I know that management wants that.

I for one was very happy with what I heard on the Conference Call. We received insight on how the testing is going (they are very pleased), we got news that they are still on track to do an acquisition (which would give us instant revenues), and we heard that they will be reporting test results to the public. That was a a real surprise to me, because we had been told previously at the shareholder meeting that they would not be sharing the test results at all. This points to only one thing; if they want to release the test results they must be good. Otherwise, why release them if they don't have to? Also, TransCanada would have had to agree to let STWA say that on the call, due to the mutually binding NDA with regards to the test data. All extremely positive stuff. The one thing I wanted that I didn't get was talk of orders. That would have been great. But all in due time. I guess they will need to complete the test/lease until that Oct 15 completion date before we hear of orders. Or possibly before then. Even if they come to an agreement by Oct. 15 we may not hear about it for another couple weeks. Or Alkaline might be right and they could let the lease expire if they want to negotiate a lower price. I don't think that will happen based on that 10% to 15% number on the corporate profile. But if I am correct, it is in TransCanada's best interest to place an order by Oct. 15 to lock in that price of 4.3 million as the option to purchase at that price expires if they don't extend the lease agreement.

I believe everything is going as planned, and while the market does what it will do, it will not slow the progress of the company in moving forward with more contracts, testing with TransCanada, a potential acquisition, Joule heating, upstream, downstream, midstream AOT development, increasing awareness with institutions, and it's strategic partnerships with Stonegate and McGuinness. And of course purchase orders which could come at any time should TransCanada decide to proceed.