Replies to post #49772 on QS Energy Inc (QSEP)

[zerosnoop]

From the 10Q

Effective November 15, 2019, the Company amended the employment agreement of its President and Chief Executive Officer. Under this amendment the term of the agreement was extended for three months, expiring February 15, 2020, cash compensation was reduced to $0 per month, and the Company agreed to grant an option on the Effective Date to the employee to purchase 300,000 shares of Company restricted stock at an exercise price equal to the market closing price on the date of grant, vesting monthly at 100,000 shares per month, and expiring 10 years from the date of grant

[zerosnoop]

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."

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