The money issue is a problem, whether or not investors want to admit it. Testing, even if the company is paid for it, isn't going to meet the cash burn. At some point, issuing more shares won't be viable. Maybe not now, but soon. Even if it funds the company, the dilution continues to reduce the per share value. But I guess that isn't a big deal...
"Billion dollar oil companies lining up to test there oil samples Several of those close to purchasing the AOTeeeeeee " They are reporting no such news. This concept and its many predecessors has been kicking around for a decade since Tao has come on board to right the ship. During that period, US oil went through the fracking boom yet the promotional Qsep wizards couldn't sell one measly unit or place a free one with a major as a token field demonstrator. The companies only real test with midstream crude was botched and pulled from the Tcpl line after 90 days. The remaining KM contract for lease condensate has yet to consummate after months of supposed reengineering . They have gone silent on its status.
The only thing for sale now is ownership which is constantly in the marked down bin. I'm sure we will here the poison pill excuse for raising the Authorized very soon . Watch for that in the upcoming virtual webcast. lol!
Agree FML. I think QS will get with the right company who will run with the disruptive nature of the technology and not fear it. Let's hope it goes well with the Canadian Oil Company. It takes just one customer to buy it to open the door to a lot more sales. It will happen probably when everyone least expects it. It could happen at any time.
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