InvestorsHub Logo

zerosnoop

11/16/17 1:05 AM

#42894 RE: mr_sano #42893

INCORRECT according to the EVIDENCE in the latest shareholders update released RECENTLY. The PROVEN AOT will be sold WORLD WIDE as per the FACTS below

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.


QS Energy CEO Jason Lane Issues Shareholder Update

HOUSTON, TX -- (Marketwired) -- 11/02/17 -- QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB: QSEP) is a developer of integrated technology solutions for the energy industry. The following is a shareholder update from Jason Lane, Chief Executive Officer and Chairman of the Board, QS Energy, Inc.


Dear Shareholders,

I am pleased to share this update with everyone on behalf of QS Energy. As most of you are aware, I have been on the job now for 7 months, having taken the helm at QS Energy in April. This letter underscores my enthusiasm about important progress we've made on multiple fronts over this short period of time, including a revamp of our go-to-market strategy with AOT; added depth of our leadership team and board; growing domestic and international interest in our technology; and the confidence and support of our shareholders in the Company's long-term product and financial strategies as demonstrated in our recent consent vote. Each element in this mix is crucial to QS Energy's future growth and success.

Revised go-to-market strategy: "eDiluent"
Our team continues to see increasing demand in the oil industry for new means of achieving viscosity reduction. Oil companies today often dilute heavy crudes by more than 25%, incurring considerable direct and indirect costs of adding condensate or other diluent, along with pipeline tariffs to transport diluent combined with heavy crude, while potentially degrading the market value of the final diluted product. Our AOT technology addresses this demand, and we've made some important changes in our business model to take advantage of this market opportunity.

In essence, using our AOT solid-state technology to reduce viscosity provides an electronic form of diluent -- a service we call "eDiluent" (trademark pending). Priced at a fraction of the cost of diluent replaced through AOT viscosity reduction, eDiluent can be a true win-win, with midstream operators positioned to upsell eDiluent as a premium service, while upstream producers enjoy reduced reliance on diluents, increased delivery volumes, decreased transport tariffs, and increased market value of their delivered product. This comes with ancillary benefits of AOT operations, such as improved vapor pressure and reduced off-gassing, pipeline pressure-drop reduction, elimination of bottlenecks, increased pipeline capacity, and reduced downtime.

Having received strong initial interest in our eDiluent concept, we are now working with select midstream companies to develop, install, and operate short-term demonstration projects. As currently proposed, equipment for these demonstration projects would be provided at no cost. Once cost savings have been established, we intend to initiate long-term leases with recurring eDiluent service fees at the demonstration site, and look to install additional AOT equipment throughout customer operations.

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.

Value Engineering
Last year, the Company began a value engineering program to develop and implement design improvements based on lessons learned in field tests under commercial operating conditions. As reported in February 2016, our initial value engineering efforts improved measured electrical impedance by a factor of two orders of magnitude. These design changes increased system efficiency while widening the scope of feedstocks we can treat to include certain electronically-conductive crudes. These results were supported by field tests performed on a condensate pipeline in 2016.

Since joining QS Energy in July, Mr. Rasmussen has reinvigorated our value engineering efforts with three goals in mind: to decrease cost-of-goods; decrease supply chain fabrication time; and widen our product line to meet the conditions and constraints specified by prospective customers. As a result, we are anticipating a 30%-40% reduction in cost-of-goods and a 30% decrease in production time. Mr. Rasmussen is in the process of expanding our product line to include Upstream AOT -- designed to operate in the upstream and gathering market, and meet specific requirements of prospective customers in South America; and AOT XL -- a design initiated several months ago with four times the capacity of our standard Midstream AOT, designed to meet demands of very high-volume operations and space-constrained operations such as an off-shore oil platform.

Expanded equity structure to drive growth
I'd like to thank our shareholders for your support and actions on our recent consent vote, approving our plan to authorize an additional 200 million shares of common stock and create a new class of preferred stock of 100 million additional shares. This expanded equity base provides a critical new foundation we plan to leverage in our efforts to accelerate market adoption of our AOT technologies and build upon our revised business.

Key to accelerated market adoption is our planned roll-out of a hybrid lease/eDiluent service model, designed to reduce customer cost-of-deployment, while providing long-term recurring revenues for the Company. We recognize that an equipment lease strategy comes with increased capital requirements. This was one of the primary reasons for asking our shareholders to authorize the issuance of preferred stock. Our goal now is to use this combined preferred/common structure to fund our final push into the commercial markets while minimizing shareholder dilution. In particular, we would like to use preferred shares to provide initiative-based funding, such as building equipment to be leased into the market. We have started conversations with institutional investors and others to fund QS Energy's market strategy moving forward, and to build up inventory to deploy in the field, domestically and internationally.

Closing thoughts
All of us at QS Energy continue to work diligently in our efforts to move our Company forward towards full commercialization, revenues and profitability. I have enjoyed visiting with many shareholders over the last several months. I share your enthusiasm, and assure you my team and I are doing everything in our power to make QS Energy the thriving, successful Company we all believe it can be. We look forward to seeing the AOT operating in the field worldwide, solving many of the problems that oil pipeline operators face today. In closing I would like to thank you all once again for your belief in myself, my team, and the Company and I look forward to bringing you all definitive news in the near future.

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 a premiere solution for improving the profit margins of producers and transporters during today's economically challenged 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 a leading university along with 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.

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 November 2, 2017
















zerosnoop

11/16/17 1:23 AM

#42895 RE: mr_sano #42893

ABSOLUTELY FALSE. Sales of the PROVEN AOT are FAST APPROACHING. SMILE the PROVEN AOT will be going to SOUTH AMERICA as per the EVIDENCE below. NEXT

https://ir.qsenergy.com/press-releases/detail/2023

Following an initial presentation to a major Columbian oil pipeline company's leadership, we are currently in the process of discussing the potential deployment of customized AOT systems in support of their plans to favorably affect the flow of crude oil through existing lines and deliver overall better efficiencies of their sprawling infrastructure. The opportunity for improving the performance of their operations with strategically placed AOT systems provides an ideal application of our patented technology. The bulk of crude produced in Colombia ranges from heavy to heavy sour to intermediate, most of it requiring diluents such as naphtha to encourage acceptable flow rates. Among the heaviest grade of Colombian production are Castilla Blend from the plains region which is transported by pipeline to Coveñas port in the Gulf of Morrosquillo on the Atlantic Coast; Magdalena Blend, a heavy sour crude produced in the Magdalena Medio basin; and Vasconia crude, produced by mixing output form the plains region and the Upper Magdalena.

Due to this Columbian company's status as a vertically-integrated energy entity, controlling vast aspects of exploration and production, transportation and refining, they present us with the potential to use our industrial hardware in a variety of configurations to deliver greater efficiencies throughout their operations.

In pursuit of additional opportunities within the Colombian energy sector, we have established an agreement with Finamco SA, an asset-based lender active in high-growth and emerging markets in Columbia. Working with Finamco management we expect to continue to benefit from introductions to senior management at several of the other 12 private sector crude oil producers active in this market, beyond the one that they have already provided. As in other pending overseas AOT projects, our goal is ensuring the most favorable terms possible for our shareholders and maximum return on investment for the customer.


QS Energy Issues Update on AOT Opportunities in South America

SANTA BARBARA, CA -- (Marketwired) -- 08/01/16 -- QS Energy, Inc. (OTCQX: QSEP)

Global Energy Markets

Regional Update: South America


This is the second installment of our overviews of the world's most important oil producing regions. We provide these updates to share with investors our insights on today's highly dynamic global energy markets and to highlight strategic deployment opportunities for our AOT technology in these high-output areas.

South America is the fourth largest continent (6,890,000 square miles) and is rich in natural resources which include gold, silver, copper, iron ore, tin, natural gas and oil. Collectively, the nations of South America produce some 6,000,000 barrels of oil daily and several of these producers have emerged as important exporters to the United States and other global markets.

Although the peoples and nations of this part of the Western Hemisphere are often referred to as Latin America, our worldview is better informed by geology and the hydrocarbons underfoot and subsea, rather than by language and culture. At a later date we will be providing a separate regional update on Mexico, currently the 10th largest producer in the world. We believe Mexico represents an exceptional market opportunity for us as it is on the brink of massive new upstream production. After 75 years of state control, our neighbor to the south is auctioning off access to its most desirable deep water production blocks in the Gulf. Global energy powerhouses such as Shell, Chevron, ExxonMobil, British BP, French Total SA, Spanish Repsol, Norwegian Statoil and Mexican Pemex are expected to bid on the drilling rights which will likely yield 90,000 barrels per day according to Mexican officials.

South America: Poised for Growth

A subcontinent of the Americas, South America consists of twelve sovereign states, plus French Guiana and the Falkland Islands, bordered by the Pacific Ocean, the Atlantic Ocean, and the Caribbean Sea. Among these nations, oil production is highest in Brazil, Venezuela, Argentina, Colombia and Ecuador. Known reserves in South America make up roughly 20 percent of the world's provable underground and subsea oil deposits. The greatest concentrations of oil and natural gas on the continent are found in the Orinoco Belt and Maracaibo Basin, both in Venezuela, and the area adjacent to El Tigre, a 75-mile, north-south trending fault in Argentina. Two significant basins located in deep water offshore Brazil's southeast coast provide that nation with close to 3,000,000 barrels of daily output, placing it first among South American countries and ninth in the world.

The wealth brought by the wide range of export commodities found throughout the continent has resulted in both prosperity and economic stability as well as corruption, strife and political upheaval. Most of the energy resources in South America have historically been controlled entirely by state-owned petroleum entities. Emblematic of the nationalized nature of the oil and gas industry in this region is the history of Petrobras. Created in 1953 when the Brazilian government granted Petróleo Brasileiro S.A. (Petrobras) a legal monopoly over all its hydrocarbon resources, the company has grown substantially beyond its primary production regions of the Recôncavo and Carmópolis oil fields and offshore Campos and Santos Basins.

Today Petrobras is ranked 58th on the Fortune Global 500 List and owns or controls oil and gas assets in 16 countries which include Africa, North America, South America, Europe, and Asia. However, this semi-public multinational corporation has endured periods of mismanagement and corruption and is currently $128 billion in debt. A highly publicized $3 billion corruption scandal in 2014 rocked its leadership and entangled several highly placed government officials, the fallout of which continues to destabilize Brazil's leadership.

The second largest producer of hydrocarbons on the continent, Venezuela (ranked 12th globally), nationalized its oil industry in 1975, creating Petroleos de Venezuela S.A. (PDVSA). Ecuador's Petroecuador is also state-owned, created from the original national petroleum company Corporación Estatal Petrolera Ecuatoriana (CEPE) formed in 1972. Colombia's national oil company, Empresa Colombiana de Petróleos, was chartered in 1948 and subsequently launched in 1951 to supersede the Tropical Oil Co., the nation's first producer. In 2003, the Colombian government restructured it as Ecopetrol S.A., a public stock-holding corporation. On April 1, 2013 the pipeline and other transportation-related assets of Ecopetrol were transferred to Cenit (Cenit-Transporte y Logistica de Hidrocarburos S.A.S.) a wholly owned subsidiary.

Fortunately, after generations of heavy-handed nationalization of hydrocarbon resources, a wave of investment-friendly privatization is sweeping through South America. Many of these governments are now opening up access to their resources by partnering with foreign energy companies and auctioning off mineral rights to their largest deposits of oil and gas. Venezuela's PDVSA has entered into joint ventures with Chevron, China National Petroleum Corporation, Repsol and others to initiate several major projects that will require over $100 billion in capitalization.

AOT Infrastructure Optimization Projects

As one of the most liberalized of the formerly completely state-owned energy entities, Bogotá-based Ecopetrol is now intently pursuing foreign capital and joint venture partners. Earlier this year the company announced Ronda Campos 2016, an open auction of 20 of its most prized production assets, kicking off its five-year strategy for "creating sustainable value and more efficient operation of assets" in an effort to generate maximum profitability for its shareholders.

Producing over 60% of its national crude oil output and owner of Reficar, its biggest refinery, Ecopetrol is the largest company in Colombia one of the top 50 largest oil companies in the world. However, the nation's 5,200 miles of primary and secondary crude oil of pipelines are woefully inadequate to transport its daily output of roughly 1 million barrels per day. An overreliance on tanker trucks to transport crude has been a costly drag on margins and resulted in reduced competitiveness, especially in today's supply surplus global market.

In response to the government's commitment to improving energy infrastructure, Ecopetrol's subsidiary Cenit, operator of the bulk of the nation's oil and gas pipelines and hydrocarbon storage facilities, spent $732 million (USD) in 2014 to increase pipeline capacity. As a result, daily takeaway was expanded by 150,000 barrels per day to a total of 954,000 bpd (crude oil) and 231,000 bpd (naphtha and other hydrocarbons). To continue this aggressive expansion of the Colombian pipeline infrastructure

To reach the Ministry of Mines and Energy's goal of a national pipeline capacity of 1.4 million bpd, Cenit plans to invest approximately $4 billion (USD) by 2019. In addition to optimizing the performance of existing pipelines, takeaway capacity will be expanded through ambitious construction projects in each of Colombia's primary crude oil production regions.

Following an initial presentation to a major Columbian oil pipeline company's leadership, we are currently in the process of discussing the potential deployment of customized AOT systems in support of their plans to favorably affect the flow of crude oil through existing lines and deliver overall better efficiencies of their sprawling infrastructure. The opportunity for improving the performance of their operations with strategically placed AOT systems provides an ideal application of our patented technology. The bulk of crude produced in Colombia ranges from heavy to heavy sour to intermediate, most of it requiring diluents such as naphtha to encourage acceptable flow rates. Among the heaviest grade of Colombian production are Castilla Blend from the plains region which is transported by pipeline to Coveñas port in the Gulf of Morrosquillo on the Atlantic Coast; Magdalena Blend, a heavy sour crude produced in the Magdalena Medio basin; and Vasconia crude, produced by mixing output form the plains region and the Upper Magdalena.

Due to this Columbian company's status as a vertically-integrated energy entity, controlling vast aspects of exploration and production, transportation and refining, they present us with the potential to use our industrial hardware in a variety of configurations to deliver greater efficiencies throughout their operations.

In pursuit of additional opportunities within the Colombian energy sector, we have established an agreement with Finamco SA, an asset-based lender active in high-growth and emerging markets in Columbia. Working with Finamco management we expect to continue to benefit from introductions to senior management at several of the other 12 private sector crude oil producers active in this market, beyond the one that they have already provided. As in other pending overseas AOT projects, our goal is ensuring the most favorable terms possible for our shareholders and maximum return on investment for the customer.

In our next Regional Update we will discuss the Chinese and Russian energy industry and our collaborative efforts to adapt AOT technology to subsea infrastructure in the North Sea and other offshore applications.

We invite you to contact us anytime with your questions, comments or suggestions at investor@QSEnergy.com or sales@QSEnergy.com. For QS Energy news and articles concerning the energy industry, follow us on Twitter and LinkedIn.

For further information about QS Energy please read our SEC filings at www.sec.gov, and, in particular, the risk factor sections of those filings.

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.

Sincerely,

Greggory M. Bigger
CEO & Chairman
QS Energy, Inc.

www.QSEnergy.com

Disclaimer

All statements and expressions are the sole opinion of the company and are subject to change without notice. The Company is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial advisor, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. Investors are cautioned that they may lose all or a portion of their investment in this or any other company.

Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities and Exchange Act of 1934, as amended. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as "expects", "will", "anticipates", "estimates", "believes", or by statements indicating certain actions "may", "could", "should" or "might" occur.

Image Available: http://www.marketwire.com/library/MwGo/2016/7/31/11G108752/Images/qs_energy-625aa51aa52daafaa7536a6375889b74.jpg

Company Contact
QS Energy, Inc.
Tel: +1 805 845-3581
E-mail: investor@QSEnergy.com

Investor Relations
QS Energy, Inc.
Tel: +1 805 845-3581
E-mail: investor@QSEnergy.com

Source: QS Energy, Inc.

Released August 1, 2016



























Smile AOT Works

11/16/17 1:38 AM

#42896 RE: mr_sano #42893

Mr SAno,
Your forgetting the relationship and "agreement" with Finamco SA.

Smile QS have been dealing in South America for some time