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zerosum

11/10/15 12:11 PM

#24054 RE: KC01905 #24045

In response to you I will let As I See It do my talking:

In today's "Letter to Shareholders" something very important was said for the first time, not once, but twice.

Following extensive crude oil testing and hydraulic analysis for a state-owned oil transporter in the Middle East, Energy Tech Africa (ETA) will in the near future meet with officials in Basra for a second round of negotiations for an AOT deployment on a primary line carrying crude oil to a marine offloading facility.




I'm pleased to report that we have recently negotiated an agreement to determine the efficacy of a customized AOT system for a top tier, North American pipeline operator. QS Energy will conduct tests on oil sourced from the operator's pipeline network at Temple University, in order to determine AOT's ability to reduce the viscosity of the feedstock during transport. It is our hope that this will lead to an AOT installation on the operator's midstream infrastructure in the Southeastern United States, paving the way for additional deployment opportunities with our current partners and new prospective customers.



The AOT deployments that are being discussed above are not deployments for further AOT testing, but are potential actual sales. The possible sale in Iraq is now entering a second round of negotiations. This sounds like something that is about to happen now, not sometime in the distant future.

The AOT Midstream product for crude oil appears to be alive and commercially viable.