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DCorleone

06/29/20 2:13 PM

#50166 RE: mr_sano #50164

Great idea for QSEP.....as long as QSEP AOT power supply works ...where as CBD is also “OIL” .

zerosnoop

06/29/20 11:27 PM

#50177 RE: mr_sano #50164

I agree with the FACTS below

TenKay,

You are confused about the use of a "P" in the transaction code box.

Purchases and sales reported on a FORM 4 are recorded with a "P" and an "S" respectively for non-derivative securities.

Under the section referring to derivative securities an "A" or a "D" is used. All of the transactions referred to by zerosnoop were in the derivative securities section.

The footnotes section will clarify the action that was taken. If an award or grant is being made it will say so in the footnotes. The actions zerosnoop is referring to were all acquisitions of Private Placement Securuties by Directors of the company made with their own money.

You can also read about the most recent Private Placement in the just filed 10Q. Their participation was to provide enough cash for the company to continue to operate. An award or grant would not accomplish that goal.

QSEP has been raising money through Private Placement Offerings like this for their entire existence. This is the most common way for small companies to raise money.

Insiders believe so strongly about QSEP that they are foregoing salaries in addition to investing their own money into the company to enable it to continue to operate. No insider sales of QSEP common stock have ever been recorded.