ABSOLUTELY FALSE. Below is a recap of all the RECENT "INSIDER BUYING" by QS directors.
(1) On 8/5/2016 Don Dickson invests $70,000 in a Private Placement offering of convertible notes and warrants.
(2) On 10/13/2016 Don Dickson converts his note into common stock.
(3) On 4/17/2017 Dr. Eric Bunting invests $50,000 in a Private Placement offering of convertible notes and warrants.
(4) On 5/15/17 Richard Munn invests $10,000 in a Private Placement offering of convertible notes and warrants. He immediately convert the notes to common stock.
(5) On 5/15/2017 Richard Munn buys 42,000 shares of common stock in the open market at $0.24 per share.
(6) On 5/31/2017 Thomas Bundros invests $100,000 in a private Placement of convertible notes and warrants. He immediately converts the notes to common stock.
(7) On 7/19/2017 Dr. Eric Bunting invests an additional $40,000 to convert his warrants and stock options into common stock well before their expiration dates.
(8) On 7/30/2017 Don Dickson invests an additional $38,500 to convert warrants into common stock.
(9) On 8/2/2017 Gary Buchler invests $50,000 to buy common stock at market prices and convert all of his vested stock options.
All of the individuals named above are part of QSEP's Board of Directors. All of them are investing their own money in QSEP. While NDA's may prevent them from talking about the specifics of any particular corporate relationships, this is a powerful alternative way to express just how confident they are in QSEP's immediate future.
I've emphasized the wordimmediatebecause I think the motivation for early conversion of 10 year stock options is based on a strong belief that the stock will be going substantially higher in the near term. This early conversion will reduce the future tax burden substantially if that were to occur (long term capital gain instead of ordinary income).
NOT TRUE. I would NOT want to be SHORT on QS Energy.
The FACT is right now it is very evident that major material events are in the works. Events that will change the face of the company when any of them come to fruition. QS Energy has that exciting feel at the moment. Many ducks are lining up. Which duck will be first ?
CENOVUS KINDER MORGAN TRANSCANADA Energy Tech Middle East Statoil Norrant China North America South America Ireland Russia, cold old Russia Africa IRAQ Southern California Edison Pacific Gas & Electric TAL OIL AWP Petro (operator of the Adria-Wein pipeline, which is connected to the Transalpine pipeline)
KM how many units would they want on that condensate line ?
Middle East, imagine them, what if they want 40 banks of 4, that would be 160 units. How many units would you use on the oil platform?
All this company needs is just one thing to go right and it will explode to the upside.
ABSOLUTELY FALSE. So the Chief Operating Officer of the Natural Gas Pipeline business unit of Kinder Morgan has joined the BOD of QS Energy. This CONFIRMS KINDER MORGAN wants the PROVEN AOT.