Replies to post #52811 on QS Energy Inc (QSEP)

[Quick Sand]

My guess is that after 10 weeks of testing they are still having issues.

Why else would they prolong the results of a simple hydrostatic test?

No doubt they will provide a excuse with a tweak here or a redesign there to soften the blow, and keep the dream alive.

I hope I’m wrong, but hope is a terrible plan.

[zerosnoop]

I'm sure the company will put something out as soon as they can. I can't recall them saying in any public filings when the hydrostatic test would take place. The last component testing performed is different to the hydrostatic test. I have full confidence in engineer Gallagher & the team getting it done. With the share price staying steady as the markets are going down, I take that as a positive.

https://s3.amazonaws.com/content.stockpr.com/qsenergy/files/news/2022/Component_Testing_August_9_2022.pdf


Increasing Confidence

As stated in our previous “July Upcoming Component Testing” update, we anticipated that by August we would be conducting the component testing. As of August 8, 2022, we completed a successful component test. All parts arrived from our vendors last week and we built the stack assembly. All the parts fit as designed with no surprises.

The stack assembly performed as expected. We were able to apply the maximum voltage of the power supply to the stack assembly when submerged in oil. With this updated design, the power supply did NOT shut down due to arcing nor shorting which occurred with the previous design during various testing regimes. We achieved exactly what we hoped to and will now proceed to the hydrostatic test.

Cecil Bond Kyte said “I could not be happier with the results. We have validated the design changes which addressed the problems identified in the component testing of the prior design and I am looking forward to a positive hydrostatic test. We did what we said we would do and will continue to do so.”