Replies to post #48066 on QS Energy Inc (QSEP)

[zerosnoop]

INCORRECT according to the EVIDENCE from the shareholders update released RECENTLY. The PROVEN AOT will be sold WORLD WIDE as per the FACTS below

https://ir.qsenergy.com/press-releases/detail/2047


QS ENERGY ANNOUNCES ADDITION OF SENIOR INDUSTRY EXECUTIVE, SUCCESSFUL ENTREPRENEUR, AND FLUID DYNAMICS EXPERT CHRISTOPHER T. GALLAGHER, PHD TO ASSIST IN AOT DEMONSTRATION OPERATIONS AND PREPARATION TO ENTER COMMERCIAL PHASE

HOUSTON, TX / ACCESSWIRE / May 28, 2019 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB: QSEP), a developer of integrated technology solutions for the energy industry, today announced that it has engaged Christopher T. Gallagher, PhD as a consulting engineer to work as an integral member of QS Energy's engineering team in advance of AOT demonstration operations in what could be a critical milestone in the Company's commercialization efforts.

Over his career, Dr. Gallagher has brought multiple technologies to the international market, has worked and sold products and services in many countries, and has deep expertise in addressing flow assurance and the complexities of heavy crude oil transportation for one of the largest oil services companies in the world. As President of Multiphase Consulting, Dr. Gallagher provides consulting services to the oil and gas industry in the areas of strategy development, due diligence, technical evaluation, and business development. He also advises clients on procurement of new technologies and acquisition activities. Previously, Dr. Gallagher served as President of e9 treatments, where he developed and executed a strategic plan to advance the company's surface treatment technologies in the oil and gas industry, including expansion of the IP portfolio, and commercialization activities, resulting in significant cost savings due to improved wax management for the customers. From 2012 to 2015, he served as Vice President of Technology and Product Management at Rockwater Energy Solutions, a leading provider of water solutions and oilfield chemicals to the North American oil and gas energy market. While at Rockwater, he built a strategy targeting high growth areas for development resulting in an increase in the number of successful new products by more than 200% the first year. He also streamlined operations and rationalized product lines resulting in significant cost savings. From 2010 to 2011 he served as a Vice President with SCF Partners, an energy-focused private equity firm. From 1996 to 2010 he served in a variety of roles with Baker Hughes, most recently as Vice President of Technology for Fluids and Chemicals managing a team of 100 scientists and engineers, where he oversaw a variety of product platforms including drilling fluids, reservoir fluids, fluid environmental services, production optimization, integrity management and flow assurance. Dr. Gallagher holds a Doctor of Philosophy in Chemical Engineering from the University of Notre Dame, a Master of Science in Chemical Engineering from the University of Notre Dame, and a Bachelor of Science in Chemical Engineering from the University of California, Davis. He has authored 10 patents and numerous publications in the fields of fluid dynamics, chemicals, as well as oil and gas technologies.

Dr. Gallagher noted, "Having worked closely with pipeline operators, I recognize the unmet market need for QS Energy's patented Applied Oil Technology (AOT). In my experience working with teams of scientists and engineers to find cost effective ways to reduce crude oil viscosity and increase pipeline efficiency, I have not come across a technology that could replace traditional diluents and additives. The AOT has the potential to reduce or eliminate dependence on chemical additives with an elegant electromechanical system. The value proposition from both a logistics and economic standpoint for the customers is compelling. I look forward to helping advance the technology through full commercialization and anticipate rapid market uptake."

Jason Lane, Chief Executive Officer and Chairman of the Board, commented, "We are delighted to announce the appointment of Christopher Gallagher, who brings a wealth of relevant technical, engineering, international business and industry expertise. He has been responsible for bringing numerous products to market, brings deep industry relationships, and has an exceptional grasp of fluid mechanics, which will be of tremendous benefit as we advance our full-scale pilot program and seek to enter the commercial phase."

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: [phone]
E-mail: [e-mail]
Sales: [e-mail]

Investor Relations:
Crescendo Communications, LLC
Tel: [phone]
E-mail: [e-mail]

SOURCE: QS Energy, Inc.

[zerosnoop]

In late June, the Company completed installation and commissioning of its AOT demonstration project located on a commercial pipeline in the southern United States. The project was installed within budget, quality compliant, and without safety incidents.

"During the commissioning sequence, we checked all the boxes," said Shannon Rasmussen, Vice President of Engineering. "We ran a normal pre-start safety review, electronic checkout, data acquisition signal verifications, and mechanical inspections. Under full crude oil flow, the system was confirmed to have no leaks and no environmental issues were noted. Data collected during the full-flow startup phase confirmed internal differential pressures to be negligible and consistent with design specifications.

"In the meantime, Shannon Rasmussen and Dr. Christopher Gallagher have been working with oil samples pulled from the operating pipeline for testing at our Tomball laboratory facility. These tests are designed to confirm our target power requirements as accurately as possible and help us fine-tune enhancements planned for a new optimized AOT gridpack design we plan to test at the demonstration site as part of our continuing value engineering effort."

"I would like to express our gratitude to Dr. Gallagher, who recently joined our team and brings tremendous expertise in fluid dynamics. He has been invaluable helping advance both the field and lab work, as well as upgrades to optimize our system. Both Christopher and Shannon have worked tirelessly to ensure we are ready to launch with the recent enhancements, immediately upon receipt of the power supplies. We remain extremely encouraged by potential for the AOT system and look forward to providing further updates."

[zerosnoop]

Previously, Dr. Gallagher served as President of e9 treatments, where he developed and executed a strategic plan to advance the company's surface treatment technologies in the oil and gas industry, including expansion of the IP portfolio, and commercialization activities, resulting in significant cost savings due to improved wax management for the customers. From 2012 to 2015, he served as Vice President of Technology and Product Management at Rockwater Energy Solutions, a leading provider of water solutions and oilfield chemicals to the North American oil and gas energy market. While at Rockwater, he built a strategy targeting high growth areas for development resulting in an increase in the number of successful new products by more than 200% the first year. He also streamlined operations and rationalized product lines resulting in significant cost savings. From 2010 to 2011 he served as a Vice President with SCF Partners, an energy-focused private equity firm. From 1996 to 2010 he served in a variety of roles with Baker Hughes, most recently as Vice President of Technology for Fluids and Chemicals managing a team of 100 scientists and engineers, where he oversaw a variety of product platforms including drilling fluids, reservoir fluids, fluid environmental services, production optimization, integrity management and flow assurance.

https://ir.qsenergy.com/press-releases/detail/2047

[zerosnoop]

NOT TRUE. 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/0001683168-19-001784/ownership.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.

(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.

(23) On 06/04/2019 Dr Eric Bunting invests another $100,000 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.

[As I See It]

The statement below is a complete and total misrepresentation of the power needed to run an AOT. I have debunked this bald-faced lie many times in the past.

Tao has stated in his papers that the treatment is .10kWh per barrel. If this line moves 100k a day then it’s power requirement would be .42 megaWatts per hour. The last several power supplies were 5kW regulated LH style made by Glassman. As anyone can see the Tcpl was sent with a 4x 5kW (1 per chamber) for a total of 20kW which was according to Tao,s own report was underpowered by a factor of 100! Even if you swallow the improvement in efficiencies BS it is still a crap shoot what they actually sent. I would not expect management to add much color here.

Dr. Tao never said that the treatment of a barrel of oil by the AOT used .10kWh. Let me repeat that, Dr. Tao never said that the treatment of a barrel of oil by the AOT used .10kWh.

Years and years ago, in a small scale lab experiment, with beakers and test tubes, Dr. Tao did say that it required .10kWh to treat a barrel of oil in that specific instance. This has nothing to do with the 20 to 30 ton piece of equipment called an AOT. It is ridiculous to postulate that the two versions have equivalent scales of efficiency. This is just made up hogwash similar to the made up "Laws of Nature".

Are we really supposed to believe that Dr. Tao and the 27 professional engineers from TransCanada, that helped designed the AOT, couldn't do the simple math that Sano has pointed out? Of course not. The idea that Dr. Tao and the engineers got the power requirements wrong by a factor of 100 is made all the more stupid by the fact that they had real world field test data, subsequent to the lab work, that proved significant scales of efficiency.

Be very careful about believing what you read on a message board.