Replies to post #52216 on QS Energy Inc (QSEP)

[zerosnoop]

Oh, so the 10k was filed on time. Great work Team Kyte & Gallagher in getting the job done. QS has funds to keep it going till September 2022 as per the FACTS below. I notice the ceo & board are still working uncompensated. I like the word "VENDORS".

This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read Form 4, 8k & 10k filings.

All collected data at the AOT demonstration site will be normalized such that it can be used to evaluate the financial and operational benefits across a wide range of commercial operating scenarios without disclosing confidential details of our demonstration partner’s operations. We believe that real-world data from our AOT project may be used to accelerate our desire to achieve commercial adoption of our AOT technology, positioning us to re-engage with industry executives.

The results of the electrical testing of the insulating material showed that the material is functioning as designed.

New materials were sourced and tested as potential replacements. A couple of new materials have been found that offer improved stability when submerged in crude oil for extended periods of time.

The data has been shared with our vendors and they are working on providing us with samples of commercial versions of the promising materials.

We have also validated that a new design concept for the grid pack will reduce arcing and allowed us to apply full voltage during a recent test. A 3rd party engineering firm with proper experience and three-dimensional modeling software was engaged. A design review has been completed and final drawings have been received.

At December 31, 2021, the Company had cash on hand in the amount of $114,000. Management estimates that the current funds on hand will be sufficient to continue operations through September 2022.

[zerosnoop]

The previous ceo name was Lane not "Lame". This is why I do my own d/d. I only take advice from professionals who know what they are talking about & who know how to read Form 4, 8k & 10k filings.

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

[zerosnoop]

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.