You can easily see how the expenses are starting to creep back and Qsep has tried to defer just about every payment it could make. At 279K in cash as of the MRQ gives them 2-3 months maximum time frame. Then there is the million owed to Temple. Since "potential" is thrown around threads all over this board I have a solution to the licensing fee issue. Why doesn't Tao and Temple take stock as payment for the ridiculously high licensing fees that no sane CEOs would agree to sign? Makes perfect sense, after all, they MUST believe in the Magic pipe and the Wizard of Tao why not trade a million dollars in today debt for potentially 100M pay off down the road.