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Replies to post #51324 on QS Energy Inc (QSEP)
zerosnoop
05/19/21 10:35 AM
#51325 RE: mr_sano #51324
Our demonstration partner has indicated their continued interest in our AOT technology and may consider installation and operation of a new AOT demonstration project if our operational issues can be resolved.
05/19/21 10:36 AM
#51326 RE: mr_sano #51324
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.
DCorleone
#51327 RE: mr_sano #51324
05/19/21 10:37 AM
#51328 RE: mr_sano #51324
The following is a statement from Dr. Gallagher: “Heavy oil is a challenge to transport and a device that reduces pressure in a pipeline will allow more oil to be transported at the same cost. I remain excited about the potential of the science behind the AOT to be a novel solution for heavy oil pipelines. Given the interest QSE has received recently from prospective customers it seems the industry still wants the AOT unit. I would like to continue to help QSE find and solve the problem with the AOT and help turn the situation around.