Replies to post #47090 on QS Energy Inc (QSEP)

[zerosum]

it's just one "twister defense" after another. I'll listen to AISI over anyone else, thank you very much!

In light of all of your claims that the AOT can't reduce crude oil viscosity because it violates some crackpot law of nature (or enter any one of ten excuses or defenses here -zs) that you just dreamed up and have yet to defend:

Please explain why we are about to go on another pipeline of a major multi-billion dollar energy company to test the AOT's ability to reduce viscosity of crude oil with an electric field.

Please explain the report from the second largest Chinese oil company verifying that Dr. Tao's electric field did in fact reduce the viscosity of crude oil.

Please explain how the AOT was run for one week, 24 hours a day, on a live pipeline in China achieving "results consistent with" the amazing lab test results I highlighted in post #46965.

Please explain how the engineers working for the DOE verified test results indicating the viscosity of crude oil was reduced by the AOT.

Please explain how ATS concluded that the AOT reduced viscosity of crude oil treated on the TransCanada pipeline. Don't throw in the red herring about the initial test being flawed. ATS said that a subsequent test showed viscosity reduction and that it could have been better if the engineering of the device was improved.

the first full test of the AOT equipment on the Keystone pipeline was performed in July 2014 by Dr. Rongjia Tao of Temple University, with subsequent testing performed by an independent laboratory, ATS RheoSystems, a division of CANNON (“ATS”) in September 2014. Upon review of the July 2014 test results and preliminary report by Dr. Tao, QS Energy and TransCanada mutually agreed that this initial test was flawed due to, among other factors, the short term nature of the test, the inability to isolate certain independent pipeline operating factors such as fluctuations in upstream pump station pressures, and limitations of the AOT device to produce a sufficient electric field to optimize viscosity reduction. Subsequent testing by ATS in September 2014 demonstrated viscosity reductions of 8% to 23% depending on flow rates and crude oil types in transit. In its summary report, ATS concluded that i) data indicated a decrease in viscosity of crude oil flowing through the TransCanada pipeline due to AOT treatment of the crude oil; and ii) the power supply installed on our equipment would need to be increased to maximize reduction in viscosity and take full advantage of the AOT technology.

Obviously the crude oil viscosity was reduced for significantly longer than a few milliseconds.. But hey, why should we believe actual field tests run by actual scientists?

You can argue that we haven't been successful with a commercial product YET, but you can't argue that some lame idea of a physical law of nature has prevented the AOT from reducing the viscosity of crude oil.

Your little equation "mass flow m=density * velocity" is simply a definition and is irrelevant to our discussion of reducing viscosity. The AOT will ultimately either increase the velocity number in your equation or reduce the power needed to maintain the velocity.

What is with this crap?:

Quote:
Look how pundits bring up Tao’s neutron scattering Petrie dish test that happen close to a decade ago but fail to acknowledge its never been run again or backed up by an independent researcher in the field. Why not run it again...this is claimed as a new discovery that would disrupt industries yet not a single additional neutron scattering test to back it up.

We all know the reason for this question. The "pundit of a different stripe" doesn't like the results of this test, done at the National Institute of Standards and Technology, and is desperately trying to invalidate them by any stupid means possible. Photographic evidence at the nano level is difficult to dispute. Nice try.

[zerosnoop]

NOT TRUE according to the EXPERTS from SAUDI ARAMCO as per the EVIDENCE in the link below

https://www.gavinpublishers.com/admin/assets/articles_pdf/1525943174article_pdf613635057.pdf

[zerosnoop]

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


(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.

(20) On 3/21/2019 Dr. Eric Bunting invests an additional $50,000 to convert warrants into common stock, well before their expiration date.

(21) On 04/03/2019 Thomas Bundros invests an additional $8,250 to convert warrants into common stock, well before their expiration date.

(22) On 02/25/2019 Richard Munn invests an additional $11,000 to convert warrants into common stock, well before their expiration date.


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.