QSEP Up 283.72% In Three Weeks
After CEO Announced Completion
Of A Successful AOT Hydrostatic Test.
QS Energy, Inc., (OTCMKTS PINK:QSEP) has been one of the hottest penny stocks on the OTC Market over the course of the past three weeks. In that time frame it has seen a move from a low of $.043 on 12/29/22 to a high of $0.165 today for a total gain of as much as 283.72%. The huge gain has come from a special update from the CEO, posted to the companies official website on 12/30/22, after an extended period of relative silence from the company. We will delve into that update that appears to have sparked this sudden growth below.
This Is What QS Energy, Inc., Does:
As explained within the QSEP OTC Markets Profile, “QS Energy provides cutting-edge patented technologies to reduce the cost and optimize the efficiency of transporting heavy crude oil. Our current technology has been developed in conjunction with Temple University under a world-wide exclusive license agreement.”
Recent Update From The CEO Announcing A Successful AOT Hydrostatic Test, Sparked Renewed Trading Interest In QSEP:
After an extended multi-year period with few updates from the company outside of its filings, on 12/30/22 the CEO of QS Energy, Inc., Cecil Bond Kyte, posted this QSEP news update announcing that the company successfully completed an AOT Hydrostatic test on 12/29/22. According to the update the AOT works at a full voltage of 40KV which he stated is well beyond the treatment field. The update also mentioned that there would be further points of information to follow in January 2023.
Considering that the stock has been quietly gaining weekly ever since this update was released, with little online chatter discussing any other reason for the price per share growth, and no other news released from the company as of yet, it stands to reason to believe that all of this growth as of late has been entirely due to interest the details of this update.
We suggest keeping a close eye on this stock since further updates may come over the course of the next week and a half, being that the CEO statement said further updates would come in January 2023. There could be further interest to come for this stock dependent on what the next info drop may have to say regarding the AOT Hydrostatic test and any other potential key developments.
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