“ QSEP is having money thrown at them right now. They could raise funds at the drop of a hat if they wanted to, but they will only take money that is in shareholders best interest. “
Absurd. Equity ownership was diluted 22% in 2017. They are fire simply selling ownership! All the cash raised in 1st Q 2018 plus the end of the years cash is now almost gone. Shareholder negative equity is ballooning along with liabilities...But the company still insists on paying a perpetual maintenance fee on a separate (non AOT) license for a fuel injection auto device which management readily admits is no longer in development. Wtf is that! Why pay 100k a year for some BS product that never made it past the smell test. Honestly the only change i can see after a year of fiddling is that Lane got some good old boys to invest but all the moves are the from same playbook . For those who believe no rent was ever paid for Lanes warehouse it’s now confirmed he now gets $1500 month on month to month basis!! Again...Wtf is that! Public companies don’t move into a building without a 3-5 year lease and now suddenly reporting it as a month to month deal lease demonstrates that current management maintains the same level of “ slime” as those that came before. Still vague on KMI status even though they admit it’s in suspension. As long as management circles around the truth not many will take them seriously.
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