Replies to post #52479 on QS Energy Inc (QSEP)

[zerosnoop]

So true, the FACTS are listed in the filings. I was CORRECT about Temple negotiating with QS to write off the debt like what's happened in the past.

From last 10Q:

The Company is currently in discussions with Temple to settle or cure the past due balance.

From the 10k

The Company intends to enter into negotiations with Temple to settle or cure the past due balance.”

[zerosnoop]

NOT TRUE according to the FACTS below from the latest 10k filing. Temple University haven't been paid as the license agreements are being re negotiated. Most likely the amount owed to Temple will be written off like what has happened in the past.

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 and understand public filings.

The Company intends to enter into negotiations with Temple to settle or cure the past due balance.

[zerosnoop]

GEMS & FACTS from the latest shareholders update :

https://s3.amazonaws.com/content.stockpr.com/qsenergy/files/news/2022/QS_Energy_Upcoming_Component_Testing_July_2022.pdf

In our April 15, 2022, Investor Update we summarized how the results of the AOT component testing resulted in a set of design criteria for the new stack assembly and the success of identifying alternate materials of construction. Recently, we have been working to reduce those findings to practice. We are now moving forward to the following three steps:

Complete testing of the component stack assembly.
A full-size hydrostatic test of the AOT.
A field test with a development partner.

Our focus for this update is concerning the pending component tests. These tests are an important step validating newly designed parts minimizing both cost and time.

The follow up hydrostatic test is designed to run a fully assembled AOT at near operational conditions.

but all other factors will be the same as a customer installation. Lastly, a field test with a development partner would be under both flow and pressure as final validation of the AOT.

Therefore, the field test will be focused on validation of the beneficial effect of AOT on pipeline crude oil.

The component test is designed to validate the new stack assembly’s ability to address the 7 design criteria shared in the April 15, 2022,

Another important parameter to validate is the fabrication method of the stack parts. We have selected fabrication techniques that allowed us to progress rapidly within our budgetary constraints. Component testing will confirm both the electrical performance of the stack assembly and the fabrication techniques for the parts themselves.

Progress toward the component test has been positive. The insulating rings for the component testing have been ordered and should be completed in the next few weeks.

In summary, the component testing will verify if the new designs allow us to achieve a sufficiently high voltage to reach treatment field strengths in oil. The component testing of the stack assembly parts should show that we have protected against arcing and stopped the oil circulation zones that occurred when testing previously manufactured AOT parts.

“We have given you the technical reasons for our upcoming component test and to be followed by a hydrostatic test. The hydrostatic test is a key step showing development partners we have overcome the issues we faced in the previous demonstration project.