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zerosum

06/25/19 12:44 PM

#47702 RE: Myrka #47701

Such a great post, I agree. I hope we find out a lot of detail from the data. It will be fascinating to see what AOT can do on this oil. It’s incredibly heavy South American crude, perfect for AOT. We are set up for a home run but we will see.

Regarding the shares Myrka, I think the number of shareholders are drastically much lower now. We used to have that many, but I think many if not most are long gone, having thrown in the towel and capitulated and sold out in the decline under Bigger’s tenure. My guess would be that we have under 500 nowadays total. I’m also quite certain that the majority of the OS and restricted shares have been narrowly concentrated in a few very large holders that funded the company when our shareholder activist came in and saved the company. Holders like Dr. Bunting. Certain investors piled in at that very opportune moment at low prices and now hold the vast majority of shares, like him. Imo they are strong long term holders.

mr_sano

06/25/19 12:54 PM

#47703 RE: Myrka #47701

The company admits in its last shareholder meeting recording, that AOT just "plays well" with DRA and isn't replacing it anytime soon AND the much anticipated paid for demo project is on a line which doesn't use DRA..so confirmation won't be coming anytime soon! Company acknowledges that this so-called "additional benefit" has not been proven and that it just recently added an "in-house mini lab" that could be used to conduct further research. IMO that is why the KMCC condensate project never had a chance. They were trying to prove Tao's turbulence mumbo jumbo and it all fell flat. If AOT is on for longer than a week or two and buying hasn't increased then this certainly doesn't bode well in proving that QSEP tech is disruptive. It's not even in the ballpark sitting in the bleeders!


https://zoom.us/recording/play/m2BXDwGOKQKZzLVvMntgrH7RldC0LMegumYWBiJuooqR-mwA10s1XLVngsEojrIO?startTime=1541779444000