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Shrimclim

03/05/20 9:55 AM

#49677 RE: As I See It #49676

Well said, AISI.

mr_sano

03/05/20 10:41 AM

#49679 RE: As I See It #49676

Please...”willing to go forward”. Talk about internet experts! $500k was prepaid to these willing participant and more will be required if Qsep wants this entity to continue to play ball as I’m sure they will need a whole lot more! The initial agreement had to involve renting the facility for at minimum of 6 months! Qsep will need to come up with another war chest just to keep whomever from booting the Aot back to Lanes back yard at Tomball with the other relics and failed experiments.

It’s unbelievable how anyone could find a spec of positive news in this release. They have said in no uncertain terms that this technical problem remains undiagnosed after it was claimed to be solved right after the Tcpl and KMI debacles. So...this result demonstrates the perils of submitting a college experiment not ready for prime to an industry that requires robust engineering and reliability. The Great White Pipe..can’t even turn on!

faithinthefuture

03/05/20 1:58 PM

#49687 RE: As I See It #49676

great positivity but i did not read it that way
i read that the partners are frustrated - and that the continuation of the demo is not secure
please enlighten me as to the grounds of you perspective

wow seeing an idea floating around that they are being falsely negative to drop the price and buy up before good news? really... come on... wasn't it low enough ffs

again, could it be that they have inadvertantly come up with some other energy device... applying AOT field to crude creates energy - can that energy be harvested, could it create a closed system whereby running AOT was not costing anything in energy and actually creates energy?

could it mean that w x amount of crude oil in a closed loop there was a generator that is no burning fuel but simply activating translating energy from one source through a medium into another source? light vibration into electricity - how long could that work on same crude oil, or does it need to be flow through... very interesting wonder if any of the muppets at qsep have thought about it

what do they mean a surge... to me that means too much energy that blows the safety out, shuts things down...

thoughts?

whackywinston

03/06/20 9:27 AM

#49691 RE: As I See It #49676

well said aisi


and shrimclim


we have 36 months all in all
and every update brings steps forwards and backwards
which then look to be natural progressions towards
a very large achievement overall

this is technology never commisionned before

but of course its damn frustrating

PumpersExposed

03/14/20 7:14 PM

#49740 RE: As I See It #49676

It didn't say that at all.. No-where does it say they believe this to be commercially viable.

Our engineers have presented our plan to rebuild and the electrical connection assembly to pipeline management. Pipeline management has expressed frustration and concern over the continued delays and current status of the demonstration project. Last week, our CEO, Jason Lane, met with pipeline management to express our total commitment to this project and discuss plans, schedules and next steps. We heard back from pipeline management this week requesting confirmation of timelines and budget to ensure all parties are clear on plans to move forward.
The Company’s ability to continue operations at the demonstration site is dependent upon continued support of pipeline management and our ability to fund continued operations. We can provide no assurances pipeline management will continue to support ongoing work at the demonstration site, or that our plan to rebuild and test the electrical connection assembly will be successful. Because of our inability to fully diagnose the cause of our current electrical problems, we can provide no assurances that we will not face other operational issues after completing a full diagnosis and evaluation of our technology.



And they follow that 'confirmation' part up with a blurb about not being able to fund it further, or be sure that anything wrong won't befall this joke of a device once again. It's pretty convenient these guys put this out prior to their response to the company, and their answer if they are going to continue or not.