Replies to post #51199 on QS Energy Inc (QSEP)

[mr_sano]

“Effective April 15, 2021, the remaining Board members, namely, Don Dickson and Eric Bunting, appointed Cecil Bond Kyte to serve as the Company’s Chief Executive Officer and Chief Financial Officer on such mutually acceptable terms and conditions to be determined at a later date, based on and subject to the Company’s financial condition and viability. Currently, Mr. Kyte will not receive any cash or stock consideration for his roles as CEO and CFO of the Company until approved by the Board. Currently, there is no agreement or arrangement regarding compensation for Mr. Kyte in his roles as CEO and CFO of the Company. Additionally, effective April 15, 2021, the remaining Board members appointed Mr. Kyte to serve on the Company’s Board of Directors and to serve as the Company’s Chairman of the Board. The Board also approved a resolution suspending all Board compensation effective January 1, 2021, payable under the Company’s May 6, 2014, Board compensation policy as amended January 1, 2015.”

Full circle Monty

[Shrimclim]

Truth, I hear you and agree. I too hold a large investment in QSEP.

However, our mega QSEP investors hold the keys to this company's survival right now. We small fries can only hope that the largest percentage shareholders will take the necessary steps to kick management in their collective butts to save their investments AND pour in sufficient new capital to put the company back in the business of SELLING some version of the AOT and SOON. Otherwise, we will be shorted into oblivion before the year is out.

Fingers crossed waiting for Mega Shareholders to @#%$$^& or get off the QSEP pot right now.

Cheers!