Replies to post #30510 on QS Energy Inc (QSEP)

[mr_sano]

"Re: mr_sano Post# 30508
I can name 20 companies right now on OTC running on less money than QSEP and their stocks trade on heavy volume. They 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.
"

So the argument is other dog crap companies have lost more money therefore it somehow legitimize the out of control spending and insider enrichment ! Wow...FYI most of the 100m loss was spent on SG&A not R&D. It was used to pay cushy salaries of existing and departed executives and expensive road trips, all authorized by the same perpetual sketchy BOD that has led this company down a hole.

The so called technology has to be proven and the SEC has clearly made the call that the company cannot promote itself by saying so.

[PumpersExposed]

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.

They've been 'moving from R&D' for over a decade, for 7 products. And $100 million isn't hand to mouth. Most of that cash has vanished not being spent remotely on "R&D".. seriously how much R&D does 2 magnets really take?

The fact QSEP had millions in the bank at one point speaks to the credibility of the technology and investor confidence.

Doesn't at all.. All it speaks to is the fact Cecil Kyte leaked out the Trans Canada deal to Tim Nimmo before it was filed, so he could flog warrants overseas. People figured they were going to be rich, and had an edge so bought in. NOW, the paper is sold because it has a short lock up, and is at a huge discount.