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Quick Sand

11/04/21 2:57 AM

#51916 RE: pappythom1 #51915

Yes unfortunately this thing has been illiquid for the longest time.

Making it very difficult for any of the long term bag holders like us to offload any meaningful amount of volume without absolutely decimating the already pathetic share price.

Lobster trap!

zerosnoop

11/04/21 9:29 AM

#51917 RE: pappythom1 #51915

We should see higher trading volumes & higher share prices when the company hopefully releases positive news. I believe team Kyte & Gallagher will get it done. Uncompensated Kyte wouldn't have invested $275,000 of his own money in QS recently if he wasn't confident in the AOT. Director Bunting is still on board & has invested millions in the company because he is a believer in Gallagher & the technology.

https://www.qsenergy.com/news/detail/2055/qs-energy-provides-aot-testing-update

We have been able to achieve higher voltages without similar damage. We believe this points to the new materials of construction being better for our application.

Replacement spacers eliminated the issue.

It is our expectation when we re-demonstrate our technology that we will not endure the failures of last year. As the design changes are implemented, we expect to test with oil from the demonstration site to validate the final design.

In closing, we are confident that a retest in the presence of a development partner will yield to the expectations prior to June 2020. Furthermore, despite any supply chain issues, we expect to be testing in the next few weeks. Pending a positive outcome, we should be able to move forward towards a demonstration test in the presence of a development partner.