Last Q dilution percentage was over 15%. I doubt many investors would be willing to take that type of hit for too much longer and still say: "thank you, sir, may I have another"
10Q typically didn't discuss any costs associated with installing this device on a test loop such as lease costs and cost of installation and maintenance and test feedstock/storage. The 100K they just cooked off, was just to cover the first milestone and was expensed as a "prototype development cost" I'm sure QSEP new IR/PR firm have already contracted for giant stickers to slap on the re-branded(AOT) and surrounding holding tanks! I'm hoping they rename it: EMOFLO.It will make great glossy corporate pictures for flyers.
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