Looks like all of the questions that have been asked will have to be answered. Guess the AOT isn't proven! Good job Mr. Sano. I read thru all of the Letters from the SEC and pretty much not just fluffy PR anymore but bald faced lies and now the world knows.
As EXPECTED, QS Energy has a working & PROVEN AOT. The sec has no issues with the PROVEN AOT as per the EVIDENCE& links below. The matter is now closed. QS can use the words "demonstrates" or "shows" instead of "proven". It's legal jargon. The DRA & DILUENT company's are very concerned what the PROVEN AOT will do to their industry & market share. Yes, the PROVEN AOT is a threat to the DRA & DILUENT companies. Also, the sec letter was originally dated December 2015 & we know the PROVEN AOT successfully tested on Kinder Morgan's CONDENSATE pipeline in May 2016 as per the June 2016 PR below.
And now after all the minor issues about the wording used has been sorted out, IT'S CONFIRMED that KINDER MORGAN want the PROVEN AOT as per the EVIDENCE & RECENT PR below
Hah hah! Wow.. Funny.. I thought after a certain phonecall the SEC wasn't looking at this company! And I guess the SEC agrees with the FACTS that it ISN'T proven. I find it amazing that even when the SEC sees this they don't stop these con artists from raising more funds. It's obvious they use the same terminology when searching new fund sources.
Hah hah.. SO I guess this is what "PROVEN" means lol? So now STWA has legal fees on top of Beggars bloated salary to deal with.. Tick-tock..
LAUGHABLE
When they stated that the Joule was suspended in a filing. And the first patents are for the ZEFs. Is the Elektra just a zefs with magnets under a different name? lol!
BUT I THOUGHT IT WAS PROVEN??? and READY FOR SALE??
So as predicted (as usual) the testing has not even started and all the SCADA this and that IS REQUIRED FOR TESTING and was thrown out as a red herring by Beggar to keep them hang'in on..
Wow.. complete and utter denial.. no wonder this company is still around.
Yes.. the takeaway is basically STWA has agreed the previous statements and purposefully placed insinuations were false.
Ya.. especially when they are all proven to be false time and time again. Wonder how the guy in that SEC call got it sooo wrong?
And they can make up who they want for all these "interested" parties. Heck, they even mention China when the 'party' they were dealing with to get them there was a fake company... "TDC" wasn't it? Where is that company? Funny how no filings with CHina eh? I will bet that when KMI fails, STWA will look at it as since the contract never started, the failure is not enough to trigger a filing. If it never starts, KMI never has to provide a termination to be filed. Shareholders as always will just never know.
wow... This line really wraps it up in a nutshell.. Basically Beggar is admitting that instead of being honest, he used the word "proven" based on his lose interpretation of it (knowing full well how it would be taken).. laughable. And it's still today being equated with commercially viable. amazing
Because the same thing was used to apologize/explain away Kytes raiding of the company.. that he didn't need the cash.. that his purchase of a $2.5 million dollar lot and plans on the coast as well as the purchase of 4 cars and a Ducati RIGHT AFTER leaving STWA was just him spending his families cash and not what he had liquidated since walking away from the company RIGHT BEFORE TCPL testing was to start.
No point arguing.. everything posted has been disproven in one fell swoop. Testing hasn't even started, not commercially viable.. so all the hope of this thing staying afloat much longer are pretty well down the drain.
YES! notice the mention of China again lol! So lets see.. what were the excuses back then.. CHina would steal it.. China was a gong show.. TCPL TOLD STWA to end the testing there and come back to the US.. blah blah blah.. And AGAIN, all of these excuses posed as "facts" are proven to be lies... So question is.. why back at China now? WHat happened over the last few years? It's laughable.. really is. Wasn't any mention of Norront and the Norwegian government was there? LOL! PROVEN!
Exactly.. and there is only one reason why a company would not simply put out actual facts if they were good enough.