“Well... they did need to figure out... how to make it a success commercially too!
To me, all the insider buying the past 8 years has been a ding ding ding ding that there is a true belief
that this will work out great some day!
“
Seriously? The only ding ding I’m hearing is the exit door bell going off when another Qsep investor finally accepts the factual reality of this companies year over year epic failure & sells!. We all have made the same mistake, so it is nothing to be ashamed of…but here the disclosures clearly show a history of incompetence and a willingness to fabricate elaborate stories of imminent success. All sequentially fail! Not once not twice….every single attempt since company inception in 1998! In fact Cecil himself promised profitability on one of the QSEP's whacky fuel injection devices over a decade + ago! As for insider purchases they are minuscule. A few hundred thousand dollars. It’s not a major deep pocket investor oilman stepping up and financing the entire operation with a $5M cash infusion. Company is insolvent and on life support. This is not conjecture, the cash position as of the the last 10k shows qsep now need to raise more money just to be able pay the minimum operating costs. At 77k a month cash burn they will need to sell 2.6M shares per month to keep the light(s)on. This is the way…
News 
Market Data 
Discover 
