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Bullboard - Stock Discussion Forum Questor Technology Inc V.QST

Alternate Symbol(s):  QUTIF

Questor Technology Inc. is a Canada-based environmental emissions reduction technology company. The Company is focused on clean air technologies that safely and cost effectively improve air quality, support energy efficiency and greenhouse gas emission reductions. The Company designs, manufactures and services high-efficiency clean combustion systems that destroy harmful pollutants, including... see more

TSXV:QST - Post Discussion

Questor Technology Inc > Yikes - QST still can't get it right or finished!!!
View:
Post by Angles on Dec 21, 2022 3:58pm

Yikes - QST still can't get it right or finished!!!

CALGARY, Alberta, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Questor Technology Inc. ("Questor", the “Company”), (TSX Venture Exchange: QST), previously announced in November 2022, that it had started up two of the three waste heat to power facilities in Mexico and was working on rectifying a few small deficiencies so that final testing could be completed. These deficiencies were resolved in December, however the customer was not able to provide sufficient heat to run the power generation equipment for extended periods of time. For the third site, Questor is still waiting for certain materials to arrive. As a result, the customer has agreed to extend the letters of credit into 2023. Questor is working with its customer to complete the work in 2023.

Plus, how much more is this going to cost us?

Good work Audrey ... NOT.

Comment by Possibleidiot01 on Dec 22, 2022 8:59pm
For those of us on Questor's mailing list , I'm wondering if anybody besides me is bugged by the fact the last two releases are artfully displayed on an angle instead of up and down format? PI
Comment by Angles on Dec 23, 2022 3:40pm
I am on the mailing list too and I can also tell you I found the last two releases online hours and days before I received them directly from QST. Typical story with Questor ... they just do what and when they want with little regard for us shareholders. I was totally fed up with them a long time ago but continue to be stuck big bucks. It hurts but what can you do with the likes of AUDREY and her ...more  
Comment by AlbertaBLE on Dec 25, 2022 11:42am
While disappointing I don't think this is that material. As for costs, I don't think they would have assets down there twiddling their thumbs and burning funds. They previously took a $500k provision that was not added to in this announcement. The only negative is delaying the final revenue and potentially additional financing costs but given their balance sheet.... the two items ...more  
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