Replies to post #49535 on QS Energy Inc (QSEP)

[zerosnoop]

NOT TRUE. So the Chief Operating Officer of the Natural Gas Pipeline business unit of Kinder Morgan has joined the BOD of QS Energy. This CONFIRMS KINDER MORGAN wants the PROVEN AOT.

https://ir.qsenergy.com/all-sec-filings/content/0001683168-17-001142/qsenergy_8k.htm

Gary Buchler, Director

Gary Buchler is Chief Operating Officer of the Natural Gas Pipeline business unit of Kinder Morgan, Inc. (NYSE: KMI) and operator of one of the largest interstate pipeline systems in the United States. With oversight of a combined annual expense/capital budget of $1.3 billion, Mr. Buchler is responsible for all Engineering, Operations, Environmental, Health and Safety (EHS), and Land Management functions for roughly 70,000 miles of transmission and gathering pipelines. Mr. Buchler is responsible for the day-to-day management of 3,900 employees, evaluation and oversight of expansion projects, and the evaluation of potential acquisitions. As Chief Operating Officer of the KM Gas Pipelines, Mr. Buchler has been instrumental in the acquisition and integration of more than $45 billion in pipeline assets at Kinder Morgan. Mr. Buchler has held various management positions at Kinder Morgan since 1979, including Vice-President Engineering/Operations Pipeline Group, Vice-President Eastern Pipeline Operations, Vice-President Engineering and Operations Kinder Morgan Gas Treating/Kinderhawk Field Services, and Director of Pipeline Integrity. He earned a Bachelor’s Degree in Electrical Engineering from the University of Iowa and an MBA from the Keller Graduate School of Management.

Richard Munn, Director

Richard W. Munn is one of the top players in the royalty and mineral arena as demonstrated over the last 15 years with 39 years of industry experience. Of note, he managed the royalty acquisition teams at Noble Royalties and other companies, closing on the acquisition of approximately $450 million worth of Royalty and Mineral Interests involving over 50 separate transactions. Mr. Munn has a solid reputation and extensive relationships with private and public U.S.-based energy producers and mineral holders. He has also managed his own exploration and production companies. From 2005 to 2007, Mr. Munn chaired the IPAA Business Development Committee and from 2007 to 2009, he chaired the IPAA Business Development/ Membership Committee. From 2005 to 2007, Mr. Munn chaired the Society of Petroleum Engineers Business Development Committee. In addition, to his network of oil and gas industry relationships, Mr. Munn is a licensed registered professional geologist in Wyoming with a B.A. in Geology from the University of Colorado.

William Green (Independent Director)

Mr. William Green served as Vice President of Downstream Marketing for Devon Energy Corp., was in charge of domestic natural gas sales and transportation activities. Mr. Green has over 30 years of experience in natural gas marketing with Devon and Mitchell Energy Corporation, both major "Shale" players. He served as the Chairman of Natural Gas Supply Association since February 20, 2015, until March 1, 2017. Mr. Green has been a Director of QS Energy, Inc. since July 14, 2017. He was a member of the National Energy Service Association (NESA) and a member of the Texas Pipeline Association (TPA), and recently served a three-year term on the Oklahoma University Energy Institute Advisory Board. Mr. Green is a graduate of Niagara University with a Bachelor's Degree in Business Administration.

[mr_sano]

The numbers are pretty clear. This is what QSEP does really well.

Year		added     	% change 
 2019Q3	303,000,000	48,802,000	19.20% 
 2018	254,198,000	19,221,093	8.18% 
 2017	234,976,907	42,145,097	21.86% 
 2016	192,831,810	9,000,233	4.90% 
 2015	183,831,577	2,803,333	1.55% 
 2014	181,028,244	4,785,427	2.72% 
 2013	176,242,817	32,575,247	22.67% 
 2012	143,667,570	29,394,100	25.72% 
 2011	114,273,470	22,820,276	24.95% 
 2010	91,453,194	20,163,798	28.28% 
 2009	71,289,396		 
 			 
 	share price EOY	share s i/0	mkcap 
 2009	0.55	71,289,396	$39,209,168 
 2010	0.54	91,453,194	$49,384,725 
 2011	0.37	114,273,470	$42,281,184 
 2012	1.1	143,667,570	$158,034,327 
 2013	1	176,242,817	$176,242,817 
 2014	0.42	181,028,244	$76,031,862 
 2015	0.19	183,831,577	$34,928,000 
 2016	0.05	192,831,810	$9,641,591 
 2017	0.18	234,976,907	$42,295,843 
 2018	0.09	254,198,000	$22,877,820 
 2019	0.13	303,000,000	$39,390,000 
 

[mr_sano]

Along with the decades-long combustion of cash. It's amazing. Any private company would be toast after throwing darts for a few years. Nevermind 2 decades!

			 
 		MONTHLY CASH BURN	 
 2019Q3  $2,280,000 	 $253,333 	 
 2018	$1,098,000	 $122,000 	 
 2017	$1,786,000	 $148,833 	 
 2016	$1,676,600	 $139,717 	 
 2015	$2,590,457	 $215,871 	 
 

I would bet Q4 will be ugly as they actually had to pay for consultants and installations repair ++++. Maybe the crack team will rethink the time stamping and promoting of each step of trying to prove the magic white pipe.