InvestorsHub Logo
icon url

zerosnoop

11/15/17 7:55 AM

#42868 RE: alkalinesolution1 #42867

We do know it was only the ceo Jason & the engineer Shannon going to South America, not the cfo Michael. Anything to do with financing & preferred shares is the cfo's job with the boards approval. Also, nothing stops the ceo & the board from working from anywhere in world with all the modern technology these days. After doing my own d/d, I still believe the timelines mentioned are INCORRECT.

https://ir.qsenergy.com/press-releases/detail/2036

We are encouraged by both domestic and international opportunities. In October, we completed laboratory testing at Temple University on crude oil samples provided by a prospective customer from the Middle East, and are now preparing to run laboratory tests on a crude oil sample recently provided by a U.S. midstream oil company. Shannon Rasmussen, our VP of Engineering, and I will be traveling in early November to meet with 7-8 prospective customers in three South American countries that transport heavy crudes and are highly reliant on naphtha, a very expensive source of diluent. In Peru and Ecuador, we will be visiting two on-site oilfield operations performing feasibility studies. We are also advancing our discussions with companies in Europe and China.


The newly appointed ex TRANSCANADA engineer Shannon Rasmussen is a believer in the PROVEN AOT & QS Energy.

https://ir.qsenergy.com/press-releases/detail/2035


Veteran Pipeline Infrastructure Engineer Shannon Rasmussen Joins QS Energy To Lead Global Commercialization of AOT Flow Assurance Technology

HOUSTON, TX -- (Marketwired) -- 06/30/17 -- QS Energy, Inc. (OTCQB: QSEP), a technology solutions provider for the energy industry, today announced it has named Mr. Shannon Rasmussen as its new Vice President of Engineering, adding a key industry veteran who, along with new CEO Jason Lane, will help lead commercialization efforts for QS Energy's Applied Oil Technology (AOT) -- an integrated system that improves critical operational efficiencies for pipeline operators worldwide.

As co-founder and senior principal of Colorado-based energy consulting firm Citrine Energy, Mr. Rasmussen comes to QS Energy with nearly two decades of experience in the power and oil and gas sectors, with deep expertise in engineering design, project and program management, construction, compliance, and quality.

Mr. Rasmussen comes into this new role at QS Energy with critical knowledge of AOT and its demonstrated ability to reduce the viscosity of crude oil -- helping operators increase flow volume, reduce reliance on diluents, relax viscosity requirements, and meet carbon emission reduction goals while decreasing operating costs and improving pipeline efficiency. As a consulting engineer for TransCanada in 2014, Mr. Rasmussen experienced AOT operations first hand; in a similar role for QS Energy over the past two years, he helped spearhead critical design and fabrication improvements that have resulted in significant gains in AOT operating efficiencies, while achieving stable operations on a high-volume high API crude oil pipeline.

"I have seen first-hand what AOT can do for pipeline operators, and why it's critical to their long-term success," says Mr. Rasmussen. "I am thrilled to have the opportunity to expand on our initial success with AOT, help continue to improve and streamline it, and work with pipeline operators to bring this technology to wide adoption across the industry." Adds CEO Jason Lane: "Shannon's on-site experience with AOT, along with his deep industry expertise and contacts, makes him an ideal partner to help QS Energy bring these critical advances to an industry that needs them."

In addition to his recent on-site consulting with QS Energy, Mr. Rasmussen has served as a project - program manager and consultant for TransCanada Pipelines across a range of compliance-related projects including Keystone, Gulf Coast, KXL, and Energy East Pipelines. Mr. Rasmussen holds a B.S. in Mechanical Engineering from the Colorado School of Mines, is a registered Professional Engineer (PE), and a certified Project Management Professional (PMP). Mr. Rasmussen, along with his wife and three children, are looking forward to relocating to the Houston area.

For further information about QS Energy, Inc., visit www.QSEnergy.com, read our SEC filings at http://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at http://ir.stockpr.com/qsenergy/email-alerts to receive company news and shareholder updates.

Safe Harbor Statement:

Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: http://www.qsenergy.com/site-info/disclaimer

About Applied Oil Technology

Developed in partnership with scientists at Temple University in Philadelphia, Applied Oil Technology (AOT) is the energy industry's first pipeline flow improvement solution for crude oil, using an electrical charge to coalesce microscopic particles native to unrefined oil, thereby reducing viscosity. Over the past four years AOT has been rigorously prepared for commercial use with the collaboration of engineering teams at numerous independent oil production and transportation entities interested in harnessing its demonstrated efficacy to increase pipeline performance and flow, drive up committed and uncommitted toll rates for pipeline operators, and reduce pipeline operating costs. Although AOT originally attracted the attention of pipeline operators motivated to improving their takeaway capacity during an historic surge in upstream output resulting from enhanced oil recovery techniques, the technology now represents what we believe to be the premiere solution for improving the profit margins of producers and transporters during today's economically challenging period of low spot prices and supply surplus.

About QS Energy

QS Energy, Inc. (OTCQB: QSEP), provides the global energy industry with patent-protected industrial equipment designed to deliver measurable performance improvements to crude oil pipelines. Developed in partnership with leading university and crude oil production and transportation entities, QS Energy's high-value solutions address the enormous capacity inadequacies of domestic and overseas pipeline infrastructures that were designed and constructed prior to the current worldwide surge in oil production. In support of our clients' commitment to the responsible sourcing of energy and environmental stewardship, QS Energy combines scientific research with inventive problem solving to provide energy efficiency 'clean tech' solutions to bring new efficiencies and lower operational costs to the upstream, midstream and gathering sectors.

Image Available: http://www.marketwire.com/library/MwGo/2017/6/30/11G142144/Images/MultimediaAsset1-1005559429.jpg

Company Contact:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com
Sales: sales@qsenergy.com

Investor Relations:
QS Energy, Inc.
Tel: +1 844-645-7737
E-mail: investor@qsenergy.com

Source: QS Energy, Inc.

Released June 30, 2017






















icon url

mr_sano

11/15/17 11:44 AM

#42870 RE: alkalinesolution1 #42867

No orders are imminent and that is the reason there is no communication from management. These are desperate times and they are hitting the road to sell unregistered securities into foreign countries. This has always been the story and will continue to be so until the company purges itself of its nasty taint!

Qsep is now effectively trapped into a relationship with the CEO before he can book dollar one! Watch as the Corp writes a lease for his small site for the added shed construction of the AOT museum.
icon url

zerosum

11/15/17 12:08 PM

#42871 RE: alkalinesolution1 #42867

Hey Alk, imo I don't think QSEP will ever have another private offering to raise money through the sale of shares again. I realize that is a huge statement. They created the preferred shares for a reason. I agree with Zerosnoop, the company basically told us this. Shareholders imo were smart to vote yes on that. That's first off. Second, we have no idea how long or short the trip to South America was, so let's not assume it is for 1 month. Even if it was, I agree with zerosnoop again in that people work from anywhere these days, and if there is a deal to nail down, traveling won't stop them from doing so. So the answer to your question is yes, you do take a trip if it's important enough even if you have a deal to do elsewhere or if you don't need to be in a specific location to do it. Lane is doing what we hired him to do, to go out and sell the crap out of AOT, and he's doing that. I think the trip to South America is a great sign, and I think it is still possible and plausible that they are working away on selling AOT's or a financing arrangement even while they are taking off to South America.

I am pumped. Things look to be moving quickly in the right direction. Let's sit back and see how the rest of the year unfolds. I have been adding on dips, because I believe the recent shareholder update was very genuine, and that they are working to sell AOT.