Replies to post #45691 on QS Energy Inc (QSEP)

[zerosnoop]

INCORRECT according to the FACTS from the latest 10q filing

In August 2018, we were approached by a prospective customer in northwest Asia and have been invited to meet with senior management to make presentations and provide a proposal to install AOTs on a new 2,000 km pipeline.

[zerosnoop]

ABSOLUTELY FALSE according to the FACTS from the latest 10q filing

We are currently working with a Major U.S.-based pipeline operator
on a potential development agreement
under which we would operate an AOT midstream unit on a pipeline located in the United States
delivering multiple heavy crudes.

In August, these efforts culminated in the execution of a non-binding Memorandum of Understanding (“MOU”)
detailing the project’s general scope, timeline and terms.
Since that time, we have been working diligently with the operator
to complete engineering reviews,
select a project location,
and finalize a detailed statement of work
which we anticipate will be the foundation for final definitive agreements.
Although final project terms may vary from those described in the current statement of work,
we and the operator have a general understanding that,
subject to the execution of a definitive agreement,
the demonstration project will operate under an initial term of 36 months,
targeting installation in December 2018 – January 2019.
QS Energy and the pipeline operator would have dual ownership of all data collected.

[mr_sano]

It’s just another perpetuation of the same theme. They hide behind the secrecy because if they revealed the actual truth very few investors would stay on the hook and certainly no pp convertibles could be offloaded to unsuspecting investors. That’s why the continuation of the multi year long smoke screen. Honestly though with all the financial deficiencies this companies has its ironic the CFO came out at SHM and said they would not run of money but they do it every year and then simply go back to the till and extract more cash on the backs of those who have been loyal shareholders for years. Investors must believe that there is a never ending supply of risk dollars happy to fork over to Qsep. Honestly I have seen an Otc companies that lost so much value still be able to concoct a story to attract dollars. It’s really the best thing Qsep does. It sucks at creating any legitimate business over its 20 years of trying but has excelled at raising money year after year. It’s too bad that shareholder can’t derive a benefit from this ability other than to stay afloat.