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zerosum

08/08/16 12:06 PM

#30510 RE: mr_sano #30508

I can name 20 companies right now on OTC running on less money than QSEP and their stocks trade on heavy volume.

QSEP are moving from R&D to commercialization and it's VERY common for these types of companies to not have a lot of cash or live hand to mouth. The fact QSEP had millions in the bank at one point speaks to the credibility of the technology and investor confidence.

The stock is .15. The financial story is not the story here. The story is the technology, and the fact that the largest pipeline company in N. American is adopting the company's product (the AOT).

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FML2013

08/08/16 12:39 PM

#30514 RE: mr_sano #30508

Oh yeah the same running out of cash line predicted many times before.

Dont think so
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zerosnoop

08/08/16 11:18 PM

#30550 RE: mr_sano #30508

ABSOLUTELY FALSE. Funding is NOW a non issue for QS Energy as per the FACTS below & the RECENT filing.

Following the issuance of our Form 10-Q on November 9th, we have had inquiries regarding the status of operating capital and whether QS Energy has the benefit of sufficient runway. I am pleased to assuage these concerns by saying that additional funds have been and are being secured to continue our operations in 2016.

Over the past several months I have been conferring with a broad spectrum of investment banks, equity funds and other leading firms specializing in energy sector capital markets. In presenting them with the opportunity to conduct business with us, we have gained their highest degree of interest and have seen our diversification and acquisition strategy strongly validated across the board. Due to our positioning, credibility and market focus, we are in the advantageous situation of picking and choosing among an impressive field of companies ready to provide financial resources to us at favorable terms.

As a result of ongoing discussions with several investment banks, we are confident that we will secure financing for working capital funding requirements, both for acquisitions and to extend the Company's runway. Concurrently, with the assistance of our QS Energy Pool advisors and our Board Members, we have identified a number of acquisition targets that would lead to immediate revenue generation
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The current commodity pricing down cycle has created a buyer's market for discounted oil and gas assets, reshaping the industry landscape and benefiting our acquisition strategy enormously. We intend to capitalize on these circumstances to the greatest degree possible.