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03/03/19 7:19 AM

#46293 RE: mr_sano #46291

NOT TRUE according to CENOVOUS. Sales of the PROVEN AOT are FAST APPROACHING. FURTHER EVIDENCE the PROVEN AOT will be going to CENOVUS in CANADA as per the FACTS in the 10k below. The big players in the oil industry want the PROVEN AOT as per the EVIDENCE below. This is about the PRESENT, NOW & the FUTURE, not what happened 15 years ago.

The Company generated $50,000 in revenue from the viscosity reduction license during the six-month period ended June 30, 2017.

In November 2016, the Company executed an agreement with Cenovus FCCL Limited (“Cenovus”), a Canadian company, for the field testing of the Company’s AOT equipment at a fixed cost of $50,000. As the part of the agreement, Cenovus will pay the Company $25,000 in January 2017. The balance of $25,000 will be due upon completion of the test analysis and final report. The field testing was performed in January 2017. Final analysis and test report is scheduled to be completed in April 2017. Upon completion of the field testing and collection of the amount due, the Company will recognize the $50,000 as revenue.


More EVIDENCE below that PROVES CENOVUS wants the PROVEN AOT

https://ir.qsenergy.com/press-releases/detail/2031


QS Energy Completes AOT Testing on Alberta Bitumen, Establishing Benchmarks for Opex Savings and Environmental Benefits in Oil Sands Market

SANTA BARBARA, CA -- (Marketwired) -- 02/10/17 -- QS Energy, Inc. (the "Company") (OTCQB: QSEP), a developer of integrated technology solutions for the energy industry, today announced the successful demonstration of a modified AOT (Applied Oil Technology) system to measurably reduce the viscosity of Canadian synthetic crude oil, offering pipeline operators the potential to improve flow volume, reduce reliance on diluents, meet carbon emission reduction goals, and other measurable operational efficiencies. The field tests were conducted on Alberta oil sands dilbit using a miniaturized AOT system which replicates QS Energy's full-scale vessels designed for use on high volume commercial crude oil pipelines.

"Through collaboration with an upstream customer we've established a strong performance benchmark for AOT on oil sands products, achieving results on par with laboratory testing conducted at Temple University by Dr. Rongjia Tao, a leading researcher in the development of technologies based on the use of electrorheological principles," commented Greggory M. Bigger, QS Energy Chief Executive Officer and Chairman. "In the lab, we have routinely attained viscosity reduction of similar degree on super heavy, heavy, and ultra-light crude oils ranging from 15% to more than 40%. Though we are restricted from disclosing specific details of this in-field test, we can report that they correlated well with laboratory results and full-scale testing performed on closed-loop and commercial pipelines."

Developed in collaboration with crude oil producers and transporters to optimize the performance of the global pipeline infrastructure, AOT was originally field tested on a closed-loop pipeline by the U.S. Department of Energy at the Rocky Mountain Oilfield Testing Center during which viscosity reductions greater than 56% on a medium crude oil product were recorded. A more recent commercial deployment of a four-vessel AOT Midstream system on a high-volume, mid-continent pipeline achieved viscosity reductions better than 20% on heavy crude oils, results that were independently verified by third parties.

"This month's successful benchmark test on diluted crude oil from oil sands sources demonstrates strong potential for reducing operational overhead costs for our customers and helping them meet CO2 and methane reduction goals which is particularly relevant with the availability of tax credits, rebates, and other financial incentives through carbon levy and carbon pricing programs," Mr. Bigger stated. "Because AOT is designed specifically to increase pipeline efficiency and throughput and reduce reliance on diluent and other additives, it can deliver substantial savings by lessening the degree by which these thinning agents displace feedstock and take up valuable pipeline capacity. This factor alone can drive tens of thousands of dollars a day to the bottom line of producers when AOT is in use on a high-volume pipeline transporting 100,000 to 200,000 barrels per day."

Mr. Bigger added that with the introduction of Alberta's Carbon Levy on January 1st of this year, the retrofitting of AOT for use in treating Alberta oil sands could not be more timely.

"By improving flow, countering pipeline pressure drop, and increasing pipeline capacity, AOT can potentially lower pump station power consumption and thereby reduce greenhouse gas (GHG) emissions," he stated. "Based on the support of Alberta's Climate Leadership Plan by the largest producers active in the oil sands, we agree that revenue generated from market-driven carbon pricing programs will encourage the development and use of GHG-reducing technologies and position Alberta as a recognized global leader in the application of clean technologies in the oil and gas industry."

Home to the third largest oil sands deposits in the world, the Province of Alberta and the companies active in the region have made finding solutions to improve the flow of the thick, asphalt-like bitumen a central focus of research and ongoing capitalization. Despite a reduction in new projects following a drop in spot prices in 2014, oil sands output is still projected to reach 3,000,000 barrels per day by 2020. The growing use of new extraction and processing technologies also hold the potential for bitumen production to become profitable at the current oil benchmark prices of $50 USD per barrel, according to a report issued last month by CIBC World Markets, the research arm of the Canadian Imperial Bank of Commerce.

Covering an area of roughly 54,800 square miles in northern Alberta, the Athabasca, Peace River, and Cold Lake oil sands deposits contain an estimated 315 billion barrels of recoverable oil, approximately 80% of which is extracted through drilling and other forms of in-situ production. The bulk of the bitumen and dilbit produced in the region and diluent used as a thinner are primarily transported by the Cold Lake, Corridor and Polaris pipeline systems. With AOT's efficacy now tested on a variety of oil sands samples, its ability to significantly reduce the viscosity of bitumen and its derivatives could help maximize the intended benefits of carbon-pricing within the Alberta energy sector which contributes in excess of $50 billion annually to Canada's gross domestic product of $1.5 trillion

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 AOT (Applied Oil Technology)
Developed in partnership with scientists at Temple University in Philadelphia, AOT (Applied Oil Technology) is the energy industry's first crude oil pipeline flow improvement solution 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 over 30 engineering teams at 19 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, Inc.
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 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. More information is available at: www.QSEnergy.com

Image Available: http://www.marketwire.com/library/MwGo/2017/2/9/11G129904/Images/MultimediaAsset1-378075462.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 February 10, 2017




























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03/03/19 7:23 AM

#46294 RE: mr_sano #46291

ABSOLUTELY FALSE. The PROVEN AOT, AOT XL, JOULE HEAT & ELEKTRA technologies are all here to stay as per the FACTS below. NEXT

https://ir.qsenergy.com/press-releases/detail/2026


SANTA BARBARA, CA -- (Marketwired) -- 10/17/16 -- QS Energy, Inc. (OTCQB: QSEP) The following is a shareholder update from Greggory M. Bigger, Chief Executive Officer, QS Energy, Inc.

As we enter the final quarter of what has been a year of re-alignment for the global energy sector, I'd like to provide an update on how our business strategies have evolved to capitalize on this unique period of transformation and opportunity.

It gives me great pleasure to confirm that we are engaged in AOT provisioning discussions under Non-Disclosure Agreements with multiple crude oil producers and pipeline operators here in the U.S., Canada, and the Middle East. Thanks to the tireless efforts of our project manager John Valenti, QS Energy has expanded our engineering capabilities in response to requests for detailed technical AOT deployment proposals and to meet the growing scope of potential applications for our technology.

From the onset of the value engineering of AOT and continuing today in our ongoing design process to further optimize its performance, along with myself and our engineering team, John is currently managing our collaboration with Temple University, our supply chain system fabricators, and current industry partners in North America and the Middle East. I can state without hesitation that there is no one else as exceptionally qualified as John to manage these complex and intensely detail-oriented projects and for that reason he continues to have the fullest confidence of the Board and myself.

Although the AOT technology is now nearly fully engineered and it has become less important to staff engineering support internally, we continue to benefit greatly from these in-house resources and industry partnerships. Based on what we are currently working on with industry partners, both domestic and international, I've never been more optimistic about our technology, our industry, and our relationship with Temple University and the interrelated role they are playing in the commercialization of the AOT system.

We're especially appreciative of the outstanding laboratory testing and R&D capabilities of Temple University's Department of Physics and Dr. Tao's team. Since my tenure as Chief Executive Officer began, our focus on intensely managing expenses while maximizing the fiscal and human capital resources available to us has been integral to positioning our solutions for today's new energy industry landscape and will continue to be central to QS Energy's path forward in developing and commercializing the AOT system. The present supply chain can handle 20 unit orders at a time, however additional facilities are available for larger orders.

As you are aware, in the first quarter of this year the Company embarked on an acquisitions strategy targeting undervalued assets. Over the past six months we have issued four Letters of Intent to a select group of crude oil and natural gas producers that met our stringent criteria. One of these letters was issued to the U.S. Federal Bankruptcy Court in Houston. While QS Energy is not abandoning this strategy, we are paying very close attention to crude oil pricing to gauge the most opportune time when conditions are optimally favorable to exercise a buy-side acquisition of cash flow positive entities.

It goes without saying that few industries are as prone to the "boom and bust" cycle of expansion and contraction as the oil and gas industry. Not unexpectedly, following the steep drop in oil spot prices in Q4 of 2014 the industry has been forced to recalibrate. Currently domestic and foreign markets appear to be slowly emerging from the price trough which triggered a widespread retrenchment and consolidation. While the U.S. rig count is gradually recovering, the tens of thousands of jobs lost will only return when spot prices recover more fully.

However, as we've documented previously, our experience has been that interest in AOT continues to grow as a result of this down cycle as producers and transporters adjust their operations to trim costs, remain solvent and survive until prices inevitably recover. By offering laboratory viscosity reduction tests of crude oil samples supplied by prospective customers, we've uniformly been able to predict efficiencies that can be gained in their pipeline infrastructures. In performing hydraulic analysis based on the specific crude oil being transported and the physical properties and operational metrics of the targeted pipeline, we are providing highly specific economic models of the bottom line benefits AOT can be expected to deliver.

We believe these factors explain why oil producers in many of the world's highest production regions are requesting proposals documenting how AOT can assist in their plans to increase crude oil flow volume and improve their ability to move hydrocarbons to market. Furthermore, as we have now definitively confirmed through commercial pipeline installations and the SCADA (Supervisory Control and Data Acquisition) records we have collected as well as crude oil samples we have analyzed in the Temple laboratory, the value engineered AOT has documented efficacy across the full spectrum of grades of crude oil, from super heavy bitumen to super lightweight and ultralight condensates.

Our ongoing deployment of a customized AOT system on a condensate line and the well-documented efficiencies it is bringing to the movement of ultralight feedstock, a category of crude oil that is currently just under 18% of all U.S. output, is evidence of the versatility of our technology.

From our perspective, two overarching market influencers explain this heightened awareness of AOT and the measurable benefits it can potentially provide. Both of these trends are responsible for redrawing the map of oil and gas markets over the past two years and a third, the increasing focus on reducing emissions in the production and transport of hydrocarbons, holds the promise to deeply affect the oil sector in the coming years.

First, and perhaps most significantly, U.S. and foreign producers have now endured nearly nine quarters of depressed oil prices. Last week's uptick to just over $50, the first time that barrier has been eclipsed since July 2015, may portend a slow return to previous highs which could improve margins and re-ignite E&P activity. However, even a surge to the $60s or $70s would not alter some of the new realities facing the industry. The shakeout and re-alignment that began last year has resulted in a leaner and more efficient industry, a mindset that will persist for the foreseeable future. As a result, we continue to see an increased focus among pipeline operators on lowering Opex and squeezing out higher flow volume and stronger tariff income, all of which make a case for AOT deployment.

Secondly, the bright side of the continuation of OPEC's intransigent production policies has been an intense focus on infrastructure by virtually all members of the consortium. Many of these nations are almost entirely dependent on oil revenue and have been driven to near insolvency due to the global supply glut and downward pressure on prices. In response, member nations Saudi Arabia, Iraq, Iran, and Venezuela, and petro-states such as Colombia, Brazil, and Ecuador have embarked on ambitious and capital-intensive modernization programs, much of this aimed at harnessing efficiency-centric technologies which provide innumerable of opportunities for AOT and Joule Heat.

Throughout the year we have documented how these efforts to expand existing infrastructure and improve delivery to markets may offer a broad range of potential applications for AOT technology. For example, in an Update on AOT Opportunities in the Middle East and South America and an August 15 2016 news release we discussed that we have issued a Letter of Intent to a national oil company in Western Asia and have produced an AOT Case Study for a sole and separate operator in the Middle East based on hydraulic analysis using crude oil samples and pipeline data provided by this prospective customer.

Thirdly, as international markets gear up to develop economically viable alternative and renewable energy sources to supplement fossil fuel, political leadership here and overseas seems poised to resurrect the idea of incentives to reduce CO2 emissions and other forms of greenhouse gas. What's changed in the equation is that some of the talk about carbon tax credits and the ability to buy and sell them on an open market is now coming from within the energy industry. For example, ExxonMobil has been lobbying Washington to develop carbon tax credit legislation and foreign energy giants which include BP Plc, Royal Dutch Shell Plc, Total SA, Statoil ASA, and others, are calling for incentive programs they believe will remove uncertainty from the investment markets and bring order and transparency to the global push to reduce emissions.

Although we have long considered the "clean tech" aspects of our patent-protected industrial hardware worth noting as seen in this August 15 2014 news release, it has yet to prove prudent as a business development strategy in the absence of sufficient and tangible customer benefit. However, should a carbon tax credit incentive pass into law we believe it may offer significant opportunities for QS Energy's technologies. During my tenure as Chief Executive Officer I have had countless discussions about the role our solutions could play in achieving the twin goals of reducing CO2 output and our customers securing financial advantages through research funding and tax credits.

More often than not the topic of carbon credits has been brought up as an ancillary benefit of AOT or Joule Heat by our prospective customers. Even though such incentives were at the time purely speculative, executives at midstream companies, technologists at engineering firms, and elected officials in regulatory and economic development agencies in Utah and Louisiana made clear their interest in investigating this intently. To fully explore carbon tax credit offset benefits AOT and Joule Heat could potentially offer to producers, transporters, and operators of offloading facilities and refineries, QS Energy commissioned a Carbon Markets research paper by Loyola Marymount University. Completed in December 2014, the study documents the emerging markets for the buying and selling of carbon emission allowances or permits ("carbon trading") and the fiscal benefits that may be gained by our customers through U.S. and international tax credits.

It is also worth noting that we have just wrapped up a reengineering of our patented Joule Heat System. As a result of the testing of a new prototype, we are in the process of further refining the performance of this innovative direct heat technology. While our patents remain in force with our intellectual property attorneys Jones Walker LLP, the Company is amending and resubmitting designs and additional patentable engineering characteristics for this energy-efficient upstream heating product.

Now that the value engineering of AOT and Joule Heat are nearing completion, we are reviewing Company-owned technology, patents, and other assets related to ELEKTRA, a clean tech hardware system designed to increase fuel efficiency and improve performance of diesel engines. According to multiple industry and government studies there is potentially a strong and growing demand for technology able to mitigate CO2 and other pollutants produced by the millions of diesel engines in use today in electric plants, marine vessels, and Class I locomotives in the U.S. We will be developing additional ELEKTRA design drawings and engineering schematics for the second quarter of 2017.

As our extensive protocols of controlled loop and commercial pipeline testing has borne out, AOT can be effectively customized for virtually any crude oil viscosity reduction and flow volume improvement application producers or transporters anywhere in the world can envision. An excellent example of this can be seen in a recent request for a modified system required for a high volume offloading facility. In response to this need we are currently developing the AOT XL, a vertically mounted, multi-vessel, modular unit designed for offshore applications.

We thank our shareholders for their loyalty and support, and our industry partners and supply chain suppliers for their collaboration. As noted throughout the year in our previous Shareholder Updates, news releases and SEC filings, we remain steadfast in our belief that AOT and Joule Heat have the potential to optimize the world's massive pipeline infrastructure at a time when operational efficiency, bottom line performance, and competitive advantages are paramount objectives of the industry.

Best regards,

Greggory M. Bigger
Chief Executive Officer
QS Energy, Inc.
Toll-Free: +1-877-872-7892
Main: +1-805-845-3581

Safe Harbor Statement:
Some of the statements in this letter 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

Image Available: http://www.marketwire.com/library/MwGo/2016/10/15/11G118183/Images/greggory_m_bigger-f43f31771636b019a81b3340c6b426d6.jpg

Investor Relations & Media Contact:
QS Energy, Inc.
Tel: (805) 845-3581
E-mail: investor@qsenergy.com

Source: QS Energy, Inc.

Released October 17, 2016


















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03/03/19 7:26 AM

#46295 RE: mr_sano #46291

INCORRECT. More "INSIDER BUYING". Below is a recap of all the RECENT "INSIDER BUYING" by QS directors. The list CONTINUES to grow & grow


https://ir.qsenergy.com/all-sec-filings/content/0001683168-19-000478/form4.html

https://ir.qsenergy.com/all-sec-filings/content/0001683168-19-000522/form4.html

https://ir.qsenergy.com/all-sec-filings/content/0001683168-19-000527/form4.html


(1) On 8/5/2016 Don Dickson invests $70,000 in a Private Placement offering of convertible notes and warrants.

(2) On 10/13/2016 Don Dickson converts his note into common stock.

(3) On 4/17/2017 Dr. Eric Bunting invests $50,000 in a Private Placement offering of convertible notes and warrants.

(4) On 5/15/17 Richard Munn invests $10,000 in a Private Placement offering of convertible notes and warrants. He immediately converts the notes to common stock.

(5) On 5/15/2017 Richard Munn buys 42,000 shares of common stock in the open market at $0.24 per share.

(6) On 5/31/2017 Thomas Bundros invests $100,000 in a private Placement of convertible notes and warrants. He immediately converts the notes to common stock.

(7) On 7/19/2017 Dr. Eric Bunting invests an additional $40,000 to convert his warrants and stock options into common stock well before their expiration dates.

(8) On 7/30/2017 Don Dickson invests an additional $38,500 to convert warrants into common stock.

(9) On 8/2/2017 Gary Buchler invests $50,000 to buy common stock at market prices and convert all of his vested stock options.

(10) On 10/2/2017 Dr. Eric Bunting invests an additional $33,875 to buy 125,000 shares of common stock in the open market at $.271 per share. He also converts 178,002 of his newly vested stock options into common stock at an out of pocket cost of $12,460. This brings his total common stock holdings to 6,735,430 shares worth approx. $1.8 million at today's price.

(11) On 2/6/2018 Dr. Eric Bunting converts 179,710 of his newly vested stock options into common stock, well before their expiration date, at an out of pocket cost of $12,580.

(12) On 3/30/2018 Dr. Eric Bunting invests another $40,000 in a private Placement of convertible notes and warrants. He immediately converts the notes to common stock.

(13) On 3/30/2018 Dr. Eric Bunting invests an additional $18,000 to convert warrants into common stock, well before their expiration date.

(14) On 05/14/2018 Richard Munn invests an additional $5,500 to convert his 110,000 warrants into common stock.

(15) On 11/26/2018 Dr Eric Bunting invests another $25,000 in a private Placement of convertible notes and warrants.

(16) On 11/26/2018 Don Dickson invests another $25,000 in a private Placement of convertible notes and warrants.

(17) On 02/21/2019 ceo Jason Lane invests $25,000 in a private Placement of convertible notes and warrants.

(18) On 02/25/2019 Thomas Bundros invests $15,000 in a private Placement of convertible notes and warrants.

(19) On 02/25/2019 Richard Munn invests $10,000 in a private Placement of convertible notes and warrants.


All of the individuals named above are part of QSEP's Board of Directors. All of them are investing their own money in QSEP.
While NDA's may prevent them from talking about the specifics of any particular corporate relationships, this is a powerful alternative way to express just how confident they are in QSEP's immediate future.

I've emphasized the word immediate because I think the motivation for early conversion of 10 year stock options is based on a strong belief that the stock will be going substantially higher in the near term. This early conversion will reduce the future tax burden substantially if that were to occur (long term capital gain instead of ordinary income).

The "bargain element" of a stock option is taxed as ordinary income while the remaining gain is taxed at the lower capital gains rate. Exercise of a stock option while the underlying security price is low insures that the "bargain element" will also be low allowing for the best tax outcome (the bargain element is the difference between the price at the time of exercise and the grant price). For the owner of a QSEP stock option it requires a very powerful incentive to give up a 10 year "free look". A savvy investor would hold onto a stock option as long as possible, exercising and putting up money only at a time when the outlook was so positive that it is likely to move the stock substantially higher. Anybody exercising their stock options today must feel now is that time.

















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03/03/19 7:29 AM

#46296 RE: mr_sano #46291

COMPLETE NONSENSE according to the EVIDENCE from 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/2043

http://www.globenewswire.com/NewsRoom/AttachmentNg/b12a2391-3126-4ed5-bcc4-c1925adb74e1


QS Energy CEO Jason Lane Issues Shareholder Update

HOUSTON, Feb. 11, 2019 (GLOBE NEWSWIRE) -- 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:

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 project is 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. “Site and 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 and logistical 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 receive consistent, 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 retain a 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 future AOT 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 in law 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 future ahead 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 support and 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 Tony Yu, 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.” The Spring 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-one meeting 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.

Sincerely,
Jason Lane
CEO, QS Energy, Inc.

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
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 pipeline flow, 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 available at 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
Source: QS Energy, Inc.