Replies to post #48319 on QS Energy Inc (QSEP)

[mr_sano]

Fluffery they have major issues and have known for quite a while. Just another example of how the behavior and effectiveness of management has not materially changed. Past due debt to Temple for licensing fees is now over 1 million and accruing a “penalty interest” of 10%! Cash burn is over 8k a day..and they no zero revs and only source of funds is convertibles with warrant chasers.

[mr_sano]

Plans mean nothing. Qsep has had “grand plans” for saving the world for 21 years! It’s a giant bull crap sandwich and management hope all take a giant bite! I doubt many will at this point.

[PumpersExposed]

“Our plans moving forward are centered on achieving commercial adoption of our AOT device leading to sales and revenue as soon as possible. Over the past year, we have met with many leaders in the midstream oil industry who expressed interest in AOT, subject to seeing and evaluating commercial operations and data. Assuming successful operations, the demonstration AOT project should provide both real-time and long-term data quantifying increased flow rates and other pipeline operating benefits. All collected data will be normalized so that it can be used to evaluate the financial and operational benefits across a wide range of commercial operating scenarios without disclosing confidential details of our demonstration partner’s operations. We believe that real-world data, which may be available within a few weeks of establishing sustained operations of our AOT demonstration project, may be used to accelerate commercial adoption of our AOT technology, positioning us to re-engage with industry executives, and targeting sales in 2020.”

Same old same old. One has to ask why Kyte and Beggar just walked away without even staying on the board with all their experience and contacts? Oh ya.. if they walk they are no longer reporting insiders.


"The company is about to sign some Letters of Intent (Q1-Q2 2018), as well as close on institutional funding, and ship the tech to South America for installation (Q2-3). Then, after a period of 30-60 days of testing, a systemwide pipeline installation will begin (Q4 2018-Q1 2019)."

Hah hah hah! Amazing how this scam can just keep pumping this stuff out without any shareholder accountability or questions! What happened to this institutional funding a year ago?