ABSOLUTELY FALSE according to the EVIDENCE from the latest shareholders update released RECENTLY. The PROVEN AOT will be sold WORLD WIDE as per the FACTS below
QS ENERGY CEO JASON LANE ISSUES SHAREHOLDER UPDATE
The following is a shareholder update from Jason Lane, Chief Executive Officer and Chairman of the Board, QS Energy, Inc. scheduled for press release through the Marketwire newswire service on Monday, 2/11/19. QS Energy, Inc. (the "Company" or “QS Energy”) (OTCQB: QSEP) is a developer of integrated technology solutions for the energy industry.
Dear Shareholders :
The new year is off to a quick start as the Company continues to advance a number of important initiatives. Of course, top on this list is our AOT demonstration project, which continues to progress as planned. As of today, much of the work on this projectis in the very capable hands of our pipeline operations partner as they work to complete the AOT installment design, site preparation and installation details.
Last week, Shannon Rasmussen, our VP of Engineering, met with project partner team members at the demonstration site. “It was important for me to confirm first-hand the AOT installation location, orientation and utility coordination,” said Rasmussen. “Siteand pipeline selection are excellent, with easy access and operating characteristics well aligned with our demonstration and data collection needs. Once site preparation is complete, we stand ready to deliver, install and begin operations.”
With progress accelerating on our AOT demonstration project, we are now in what we hope will be the final steps towards commercial operations. This has led us to restructure internal operations and external communications. All engineering, mechanical andlogistical functions have been moved to Houston operating out of our headquarters in Tomball, Texas. We now see the need to consolidate corporate and investor communications to that of one voice ensuring all current and potential investors continue to receiveconsistent, complete and accurate information. We recently began the process of selecting an investor relations firm with expertise in public small-cap corporate growth and a public relations firm with specific crude oil industry experience. We plan to retaina public relations firm before the end of this quarter and retain an investor relations firm shortly thereafter.
In parallel, Mr. Rasmussen is continuing value engineering work begun in 2018, fine-tuning system and component-level designs, computerized 3D modeling and preparing requests for proposals to lock down equipment costs and lead times in anticipation of futureAOT sales and deployment. In support of this effort, Mr. Rasmussen plans to enhance our internal resources by adding an engineer with equipment design and oil industry experience to his team in the near future.
In support of this restructuring and after much consideration of our long-term strategic plans and goals, John Valenti has agreed to step down from his combined roles in project management and investor communications and return to his previous career inlaw enforcement. “After many years of working with QS Energy, I am proud of this company and its technology. Though it will be hard to watch from the sidelines, I’ll be excited to follow progress and results of the demonstration project. I see a great futureahead for the company and its AOT technology.” With his deep knowledge of our technology and strong relationship with many investors and supply chain partners, Mr. Valenti has been a valuable resource for the Company. We thank him for his many years of supportand service and wish him the best in his future endeavors. Going forward, all investors are encouraged to communicate with the Company directly by email at investor@qsenergy.com or through our investor relations phone line at (281)845-8097.
On a final note, I am pleased to announce QS Energy has been invited to participate as a premium presenting company in the annual Spring Investor Summit in New York City, April 1st and 2nd. "We are excited to host QS Energy,” said TonyYu, CEO The MicroCap Conference. “QS Energy CEO Jason Lane and CFO Michael McMullen will be presenting to an audience of investors in the energy track room as well as participating in 1x1 meeting discussions with many qualified, pre-screened investors." TheSpring Investor Summit’s focus is to highlight the most compelling publicly traded small-cap and micro-cap companies across all sectors. This upcoming event will feature up to 200 presenting companies, 1200 institutional and retail investors, many one-on-onemeeting opportunities, expert speakers, and industry panels.
We are excited by QS Energy’s prospects for 2019 and believe our strategy and team are positioned for success. Once again, we thank you for your support.
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 QS Energy’s patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipelineflow, with full remote monitoring and control. More information is available online at www.qsenergy.com/technology.
About QS Energy QS Energy, Inc. (OTCQB: QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is availableat www.qsenergy.com.
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
COMPLETE NONSENSE according to all the GEMS & FACTS from the latest shareholders update released RECENTLY. The PROVEN AOT will be sold WORLD WIDE as per the FACTS below
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.
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.
NOT TRUE. So the Chief Operating Officer of the Natural Gas Pipeline business unit of Kinder Morgan has joined the BOD of QS Energy. This CONFIRMS KINDER MORGAN wants the PROVEN AOT.